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.

Please note:

This form is designed for Market Stall Insurance for Toys. We can try to negotiate cover for other products, in particular handmade / crochet clothing, etc. Also, we can try to negotiate cover for sales from home/online subject to the insurer acceptance. If you require broader policy coverage for the sale of toys as a small business (primarily online or via retail shop) please visit this page: https://www.amcinsurance.com.au/toy-manufacturer-insurance/

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.