Limited Events Cover V Accidental Damage
Does your insurance provide protection when you need it most,
Does your insurance provide protection when you need it most,
The purpose of insurance is to provide protection when you need it most, yet the selection of the insurance protection is often chosen on price, not the quality of the protection.
The challenge with a Limited Events insurance coverage (sometimes referred to as Defined Events) is that the insurance only responds to the listed events, so many exposures remain uninsured. This often can be discovered too late, leaving you financially exposed.
An example where the Limited Events does not respond is where a child plays an interactive computer game, and accidentally lets go of the game controller, which then hits the T.V and cracks the screen. The definition of Impact in a Defined Events cover would exclude this, as the cover only applies to:
Another key example is the inherent defects exclusion within the Limited Events cover that acts as a total exclusion, whereas within the Accidental Damage coverage the exclusion only applies to the part, and resultant damage remains covered.
In some Limited Events cover, many of the benefits are almost half of that offered by an Accidental Damage cover, so careful consideration should be made when selecting the insurance protection. There remains circumstances where a Limited Events cover will meet the need, but conversely there are perhaps many examples where decisions are made on price and not the level of protection offered.
We have prepared the following table to help identify the differences, and support the decision making with establishing the insurance cover to better meets your needs.
We recommend you refer to the policy wording for the full explanation of the terms and conditions, as this is provided as a guide only and not intended to be exhaustive. While the utmost care has been taken in the preparation of the guide, it should not be used or relied upon as a substitute for detailed advice or as a basis for making a business, financial or insurance decision.
Toll free: 1800 245 123
Phone: (03) 9835 1300
info@abcountrywide.com.au
Level 2, 35 Dalmore Drive
Scoresby VIC 3179
Toll free: 1800 245 123
Phone: (03) 5625 1015
drouin@abcountrywide.com.au
3 Bank Place, Drouin VIC 3818
Toll free: 1800 245 123
Phone: (03) 5662 4222
leongatha@abcountrywide.com.au
63 Bair St, Leongatha, VIC 3953
By purchasing online:
• You are expected to self-manage your policy.
• There is no advice provided by Austbrokers Countrywide.
• You will need to manage your own claims directly with COVERMORE by calling 1300 728 822.
• If you need to make changes to the policy, you will need to contact COVERMORE on 1300 728 822.
By purchasing online:
• You are expected to self-manage your policy.
• There is no advice provided by Austbrokers Countrywide.
• You will need to manage your own claims directly with CHUBB by calling 1800 803 548.
• If you need to make changes to the policy, you will need to contact CHUBB on 1800 803 548..
By purchasing online:
• You are expected to self-manage your policy.
• There is no advice provided by Austbrokers Countrywide.
• You will need to manage your own claims directly with EMERGENCE by calling 1300 799 562.
• If you need to make changes to the policy, you will need to contact EMERGENCE on 1300 799 562
By clicking continue you will be directed to the Countrywide Advice Website.
Or call Countrywide Advice on 1300 991 479.
Firstly, make sure you are using one of our recommended browsers – Firefox, Chrome or Safari.
PAGE IS UPLOADING BUT THERE’S NO FORM
OOPS! This is probably an issue at our end. Shoot us an email and we’ll fix it with a new link.
FORM IS VERY SLOW OR TIMING OUT
Please check your internet connection is running correctly. Try other websites to see if they work.
If that’s OK then our server is probably experiencing high traffic issues. Please try the following.
FORM IS BEING BLOCKED BY A FIREWALL MESSAGE
We have protection in place to secure data but sometimes this can cause conflict with your security settings.
Let us know and we’ll give you an alternative link for the form.
We’d love your feedback to help us improve this process. Shoot us an email.
By purchasing online:
• You are expected to self-manage your policy.
• There is no advice provided by Austbrokers Countrywide.
• You will need to manage your own claims directly with Austbrokers Life Solutions by calling 1300 161 635.
• If you need to make changes to the policy, you will need to contact Austbrokers Life Solutions on 1300 161 635.