0409 092 947 alexc@abterrace.com.au

Market Stall Insurance for Toys Quote Request Form

DUTY OF DISCLOSURE

Before you enter into a contract of general insurance with an insurer, you have a duty under the “Insurance Contracts Act 1984”, to disclose to the insurer every matter that you know, or could reasonably be expected to know, is relevant to the insurer’s decision whether to accept the risk of the insurance and, if so, on what terms. You have the same duty to disclose those matters to the insurer before you renew, extend, vary or reinstate a contract of general insurance. Your duty however does not require disclosure of a matter; that diminishes the risk to be undertaken by the insurer; that is common knowledge; that your insurer knows, or in the ordinary course of business, ought to know; as to which compliance with your duty is waived by the insurer. Anybody who is an insured under your policy must comply with the duty of disclosure. Make sure you explain the duty to any other parties to be insured you may apply on behalf of.

This product is NOT available to certain types of risks.

We cannot secure cover for you on this policy if you:

    •  Import items, materials or supplies directly from overseas
    • Purchase items, materials or supplies from online retailers like Temu, AliExpress, Alibaba, Shein, etc. (as these sellers are overseas it makes you an importer)
  • Products which are made up of small parts / pieces, or include choking hazards or materials that might detach from the product (e.g. safety eyes, buttons on toys, etc.)

 

If you are are making products that involve the above risks then you are considered a toy manufacuturer or importer – please visit this page: toy manufacturing / importing

Or, if you are a crochet / knitting business selling toys and other products and require broader coverage for wherever your business is operating please visit this page: crochet / knitting.

Our experienced team will work with you to tailor a policy to protect you from liability while aiming to achieve competitive premiums. We’re dedicated to guiding you through the whole insurance process, providing clear and friendly advice every step of the way.

Important:

Due to the number of inquiries that we receive, we ask that you only complete this form if you intend to take out cover. If you have general questions about the policy, please email us at alexc@abterrace.com.au

As an indication, premiums range from $530 to $700 (inclusive of all charges) for $10M Public & Products Liability that covers the sale of toys limited to cover for Market Stall locations.