Tobacconist Business Package - Standard Covers
Provides cover for loss or damage to contents, fixtures and fittings and stock items, interruption or interference to the business caused by loss of damage to property insured for fire, theft or other defined events, loss or damage as a result of theft or attempted theft, loss and/or damage to money belonging to you and connected with the business, accidental breakage of Plate Glass, breakdown and/or accidental damage to electronic equipment, theft of stock or money by employees and for all amounts which you become legally liable to pay as compensation (other than fines, penalties etc) for personal injury and/or property damage as a result of an occurrence in connection with your business for public and/or products liability as defined in the policy wording.
Property Section
Contents Replacement Value (Including Fixtures, Fittings and Stock): $200,000
Cost of Demolition & Removal Of Debris: Refer Policy Benefits
Directors/Employees Personal Property Any One Person or Claim: $5,000
Rewriting of Records: Refer Policy Benefits
Accidental Damage: Full Sum Insured
Flood: $200,000
Named Cyclone Excess: $10,000
Flood Excess: $10,000
Earthquake, Subterranean Fire or Volcanic Eruption Excess: $20,000 or 1% of the total declared value at the situation, whichever is the lesser.
All Other Claims Excess: $1,000 - Additional ARSON Excess/s may apply
Business Interruption Section
Annual Gross Profit (Including Wages): $200,000
Additional/Increased Costs: $50,000
Claims Preparation: $50,000
Customers/Suppliers Premises (Australia Only): 20% of Gross Profit Sum Insured
Public Utilities: Refer Policy Benefits
Prevention of Access: Refer Policy Benefits
Loss of Drawcard Attraction (Major Traders within a commercial complex): Refer Policy Benefits
Quarantinable Diseases: Refer Policy Benefits
Indemnity Period: 12 Months
Public Utilities Excess: 48 Hours
Burglary/Theft Section
All Stock (including Tobacco products) & Contents: $60,000
Burglary/Theft Special Notes: Burglary/Theft cover is conditional on location & security (As per below Categories)
Category One (1) - All Stores wholly located within a fully enclosed
Shopping Centre (i.e. no external access)
Security Conditions: Fitted with an “Advanced Monitored Alarm System” (as defined below) AND Deadlocks on all doors. Category Two (2) - All Stores that are NOT within a fully enclosed
Shopping Centre (including street front style Stores)
Security Conditions: Fitted with an “Advanced Monitored Alarm System” AND “Additional Security Measures” (as defined below).
Category Three (3) - All Other Stores
Security Conditions: Must be fitted with a Professionally Monitored Alarm System which covers the whole premises, keyed deadlocks to be installed on ALL entry points (i.e. all windows & doors), ALL tobacco stock items to be removed from any shelves / display cabinets and kept in purpose built securely locked cabinets, safes &/or internal strongrooms when outside normal business hours. Burglary/Theft Definitions:
"Advanced Monitored Alarm System"
A Professionally Monitored digital dialler, (conventional telephone services), dedicated line or dual path alarm system, (e.g. internet network or phone landline as primary path & mobile phone (GSM) as secondary path), ONLY meets this policy condition.
"Additional Security Measures"
ALL windows/glass doors to be either barred, armour filmed &/or fitted with metal roller shutters. All doors to be deadlocked. External bollards or similar devices installed to deter ram raids where practical.
Damage to Premises: $10,000
Theft by Employees (Refer Important Information Page): $5,000
Directors & Employees Personal Property (any one person or claim): $5,000
Replacement Locks & Keys: $10,000
Burglary/Theft Excess: $2,500
Money Section
Money on Premises During Business Hours: $15,000
Money on Premises Outside Business Hours and not Contained in a Locked
Safe: $5,000
Money in Private Residence: $15,000
Money in Transit: $15,000
Money Locked in Safe or Strongroom: $15,000
Damage to Safe or Strongroom: $5,000
Theft of Money by Employees (Refer Important Information page): $5,000
Money Excess: $1,000
Glass Section
All Internal & External Glass: Replacement
Glass Excess: $1,000
Public & Products Liability Section
Broadform Public & Products Liability Limit: $20,000,000
Other Goods in Your Care, Custody & Control: $250,000
Broadform Public & Products Liability Excess: $1,000 All Claims
Liability Special Notes
The policy is subject to a “Tobacco Products & E-Cigarettes Exclusion”
endorsement as contained in the insurer’s policy wording.
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Important Information
Tobacconist Business Package Amendments
Section 3 - Burglary / Theft Section
The following Extensions are made to the Theft Section:
Extension 2 - Employee Dishonesty
Extension 2 is deleted and replaced with the following:
We will pay for loss of Property Insured resulting from Crime committed by an Employee acting alone or in collusion with others, provided that the loss:
a. occurs during the Policy Period; and
b. is discovered within 45 days of it occurring.
The most We will pay under this Extension is $5,000 for any one loss which is payable in addition to the Sum Insured, and if You are also insured under the Money Section the benefits payable for employee dishonesty shall not be cumulative.
Section 4 - Money Section
The following Extension is made to the Money Section:
Extension 4 - Employee Disonesty
Extension 4 is deleted and replaced with the following:
We will pay for loss of Money resulting from Crime committed by an Employee acting alone or in collusion with others, provided that the loss:
a. occurs during the Policy Period; and
b. is discovered within 45 days of it occurring.
Exclusion 1. of this Section does not apply to this Extension.
The most We will pay under this Extension is $5,000 for any one loss which is payable in addition to the Blanket Money Cover Sum Insured, and if You are also insured under the Theft Section the benefits payable for employee dishonesty shall not be cumulative.
The following exclusion is added to the exclusions applicable to the Liability Section:
Tobacco Products and e-cigarettes Exclusion
This Section does not cover any liability directly or indirectly caused by, arising out of or in
any way related to the emergence, contraction, aggravation or exacerbation of any sickness,
illness, disease or condition including but not limited to:
• addiction or chemical dependence; or
• cancer, carcinoma, cancerous or precancerous condition; or
• arteriosclerosis, heart disease, hypertension; or
• emphysema; or
• prenatal injury or birth defect,
resulting from or alleged to result from:
i. consumption, use of or exposure to Your Tobacco Products or any by-product thereof including
smoke, vapour or any gaseous by-products; or
ii. the inhalation or ingestion of smoke, nicotine, gases, fumes, vapours, dust, residue,
chemicals, particles, particulate or any other gaseous by-product arising from the consumption or
use of any of Your Non Tobacco Products.
For the purposes of this exclusion the following definitions apply:
Tobacco Products means tobacco and products containing tobacco, including any by-products,
including but not limited to, raw or cured tobacco, cigarettes, rolling tobacco, cigars, cigar
wrappers, pipe tobacco, snuff, chewing tobacco, smokeless tobacco products, and any other product
or components customarily sprayed on, applied to, found within or used in conjunction with any
tobacco products including cigarette filters, cigarette paper and any other part of the cigarette.
Non-Tobacco Products means Products other than Tobacco Products including but not limited
toe-cigarettes and any other electronic devices designed for the delivery of nicotine or other
substances by vaping or other means