SELF STORAGE INSURANCE

Arranged by
MIDLAND INSURANCE BROKERS
AUSTRALIA PTY. LTD.
ABN 81 006 528 329 AFSL NO. 238963
P. O. BOX 404, CARLTON SOUTH. VIC. 3053.
PHONE: 1300 306 571 FAX: 03 9349 2787
FACILITY: STORAGE KING BULIMBA

How to Apply for Insurance

If you decide to take out insurance with your Self Storage Facility, all you need to do is request cover from Storage King Bulimba and complete the application of insurance certificate.

Who is Midland Insurance Brokers and how to contact them?

Midland Insurance Brokers Australia Pty Ltd was established over 20 years ago, for full details please refer to our Financial Services Guide.

We are licensed with the Australian Securities and Investment Commission (ASIC) as a general insurance broker. Our Australian Financial Service Licence Number is 238963.

Our Managing Director is a founding member of National Insurance Brokers Association (N.I.B.A). N.I.B.A is committed to the advancement of professional insurance broking standards and to the fostering of public confidence in brokers.

We are proud of our reputation for commitment to our client’s risk and insurance requirements and for our ability to consistently find innovative and cost effective solutions for our large client base.

Midland Insurance Brokers have authorised this self-storage facility to issue you with a certificate of insurance.

The premium is paid monthly with your rental fee.

If you require any information or advice please ring Midland Insurance Brokers on 1300 306 571.

Who is the Insurer?

• Lumley General Insurance Ltd. ABN 24 000 036 279 AFS Licence
  No. 241461 and is part of the Wesfarmers Group.

Lumley has provided insurance protection to Australians since the 1920’s.
It has a long and closely valued reputation of tradition, integrity, reliability and service excellence.

Complaints

Clients who are not fully satisfied with these services should contact Midland Insurance Brokers complaints officer. Midland are also Members of the Insurance Brokers Disputes Limited, a free consumer service.

We also adopt the General Insurance Brokers Code of Practice.

Policy Information (Limits of Cover)

• Maximum coverage available is $50,000 per unit for fire and perils.
  This limit may be increased with prior approval from Midland Insurance Brokers.
• Maximum coverage is $25,000 for Burglary/Theft per unit. There must be visible signs of forcible entry to your storage space or the building.
• Cover is full replacement cost of household goods and effects, plant and equipment therefore all goods should be insured for their full replacement value. Stock losses are on indemnity basis.
• Cover is attached from time goods are stored and the premium is paid. This cover will remain in force until goods are removed from storage or you cease to pay the premium.
• The policy can cover boats, motor cycles and motor vehicles provided the sum insured does not exceed $10,000. They must be stored in a locked unit and secured by an approved locking device and battery disconnected and removed (immobilised). This also must be referred to Midland Insurance Brokers for approval by the self-storage facility prior to issuing cover.

Claim Excess

An excess of $200 for each and every claim is applicable except for Accidental Damage, which is $500, and Earthquake 1% of sum Insured.

What you are Covered For?

You are covered for loss and/or damage caused by:-

- Fire, Lightning, Explosion, Earthquake
- Impact, Aircraft
- Riot, Strikes, Malicious Damage
- Storm and/or Tempest, Water Damage (excluding flood)
- Theft (by forcible entry to your unit and/or the building)
- Accidental Damage (excluding damage caused whilst loading and/or unloading goods from the unit).

What you are NOT covered for?

- War, invasion, hostilities, civil war or rebellion, nuclear weapons
- Confiscation, requisition or destruction by order of government or a statutory authority
- Any consequential loss
- Wear, tear, rust corrosion or deterioration
- Mechanical breakdown
- Vermin, insects, mildew or spontaneous combustion
- Subsidence landslip, erosion or earth movement
- We do not cover jewellery, watches, precious stones, furs, money, paintings, curios and/or works of art.
- Policy excludes losses, which are otherwise recoverable from any other insurance contract.

Cooling Off Period

If you are not satisfied with any aspect of this cover, your premium will be refunded in full and the cover cancelled from its commencement date if:

You return the Certificate to Storage King Bulimba where your goods are stored within 14 days of the commencement date of the cover, and

Nothing has happened to give rise to a claim before you return the Certificate.

Premium Cost

Important Notice – What sort of advice is being provided?

This is general advice only and does not take into account your individual objectives, financial situation or needs (your personal circumstances).

Therefore, before acting on the advice, you should consider the appropriateness of the advice having regard to your objectives, financial situation or needs.