LPO Group Insurance Programme 2018-19

 

 

This page is for the 2018 - 19 LPO Group Insurance Programme. Our current insurance page can be found here.

LPO Group Insurance Solutions for Members, provided by Willis Towers Watson.

The LPO Group is pleased to provide further membership benefits to LPO Group members through working with a leading insurance broker, Willis Towers Watson to deliver a highly competitive premium for LPO Public & Product Liability, Personal Accident Insurance, Management Liability and all of your business insurance needs including if you have a Mail Contract.

Willis Towers Watson has over 18 years’ experience in servicing the insurance needs of Australia Post LPO’s and Mail Contractors providing competitive rates and marketing leading benefits which comply with the contractual requirements of Australia Post.

The option to include your LPO’s public and product liability cover within your membership renewal presents a significant benefit to LPOGroup members and allows you to compare any existing insurance arrangements that you have with the endorsed LPO Group broker, Willis Towers Watson.

Jump to: Public & Products Liability | Personal Accident Insurance | Management Liability | Business Insurance Package | Mail Contractors Insurance Package |  Prior Year Summaries

 

Public & Products Liability

Overview

  • $20m Products & Public Liability Insurance
  • Complies with Australia Post Licenced Post Office Agreement
  • Cover for in-conjunction business such as Tatts Lotto and Giftware
  • Legal Liability for Bodily Injury and Property Damage.
  • Loss or Damage to property in your Care, Custody or Control up to $500,000
  • Products Errors and Omissions up to $500,000
  • $128 Annually when paid with membership
  • See LPOG Fact Sheet (PPL) for more details

Documentation

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Personal Accident Insurance 

Overview

  • Protection for 24 hours a day, 7 days a week
  • Injury and Death Coverage, option to add Sickness/Illness Coverage
  • Up to $1,000 per week coverage for up to 104 weeks
  • Large schedule of additional lump sum benefits applicable
  • Aggregate Limit of Liability applicable any one period of insurance: $1,000,000
  • See LPOG Fact Sheet (PAS) for more details

Documentation

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Management Liability 

Overview

  • Directors and Officers Cover
  • Employment practices liability Cover
  • Statutory liability Cover
  • Company liability (including automatic Crime and Tax Audit)
  • Extension available  
  • See LPO Fact Sheet (ML) for more details

Documentation

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Business Insurance Package 

Overview

  • The below benefits are automatic when the relevant section is taken:
  • Removal of Debris (Fire and Perils)
  • Extra Cost of Reinstatement (Fire and Perils)
  • Additional Increased Costs of Working (Business Interruption)
  • Accountants Fees (Business Interruption)
  • Theft in the Open Air and Tobacco/Cigarettes (Burglary Theft)

Plus More Optional Covers

  • Building Insurance
  • Commercial Motor Vehicle Insurance
  • General Property
  • Machinery Breakdown

Documents

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Mail Contractors Insurance Package 

Overview

  • $20m Public and Products Liability
  • Complies with Australia Post Mail Contract Agreement
  • Legal Liability for Bodily Injury and Property Damage
  • Carriers Cargo $100,000 limit
  • Cost per mail contract $188 annually. (Based on Combined liability and cargo coverage)

Documentation

 

Willis Australia Limited FSG (Financial Services Guide) can be found here

 

The LPO Group receive a commission share from Willis Towers Watson for policies placed by LPO members, with the exception of the members Liability insurance through your membership of which the LPO Group don’t receive any commissions or fees. 

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Prior Year Summaries

To ensure that you can always find your insurance coverage documents which were applicable for a prior year we have maintained your documentation here as follows:

  • Programme Documentation for 2017-18 can be found here
  • Programme Documentation for 2016-17 can be found here

 

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