MGA Independent Retailers
Members Insurance Cover (MIC)
The MIC Offering:
We are pleased to partner with MGA Independent Retailers to provide an extensive product for the Supermarket and Liquor Store sectors.
In addition to the standard range of covers, the MIC offering includes access to:
Highly competitive & exclusive MIC rates reflecting proactive risk management
Discounts available for certain risks
Liability cover for businesses with turnovers of up to $10M per location
Minimum excess of $1,000
At Austbrokers Countrywide, we value clients who take care of their properties and who implement superior risk management measures to ensure they are protecting their asset(s). The MIC product has been tailored to acknowledge and reward those clients, whilst also having regard to the specific needs of the Supermarket and Liquor Store sectors.
Products (subject to policy terms & conditions)
Asset Protection
- Capacity $20M per location
- Property sum insured at replacement value is increased by 20% to allow for inflationary costs
- Full accidental damage cover
- Automatic glass cover
- Theft $100,000 or up to the location limit for office; including tobacco
- Transit $25,000, unnamed locations $25,000 (General Property)
- Optional equipment breakdown up to location limit (no age limit, HP limit or itemized list required)
Crime Protection
Employee Theft
- Money, securities and other property cover for fraudulent acts
Money & Securities
- Individual money limits not required (i.e. in transit, on premises etc.)
- Destruction, disappearance or theft
Business Income Protection
- Based on turnover – no complicated gross profit calculation
- Tailored rate of gross profit for individual businesses
- Waive co-insurance when P&L and BAS provided
- Simplified claims settlement for interruption up to 12 weeks
- Period of recovery – 6 months to 36 months plus extended settlement time
- Additional 20% uplift to gross profit sum insured
- Automatically responds to Machinery Breakdown when selected under Asset Protection
Liability Protection
- Property damage, Personal Injury & Advertising Injury
- Defence costs in addition to Liability limit
- Limit of Liability up to $20,000,000
- Flexible excess options
- Goods in Care, Custody & Control $250,000
Find out more about MGA Independent Retailers at www.mga.asn.au
Find out what Austbrokers Countrywide can do for you.
For an obligation free insurance review, talk with one of our specialist brokers today to find out more.
ABOUT US
COMPLIANCE
SCORESBY HEAD OFFICE
Toll free: 1800 245 123
Phone: (03) 9835 1300
info@abcountrywide.com.au
Level 2, 35 Dalmore Drive
Scoresby VIC 3179
DROUIN OFFICE
Toll free: 1800 245 123
Phone: (03) 5625 1015
drouin@abcountrywide.com.au
3 Bank Place, Drouin VIC 3818
LEONGATHA OFFICE
Toll free: 1800 245 123
Phone: (03) 5662 4222
leongatha@abcountrywide.com.au
63 Bair St, Leongatha, VIC 3953