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Policy Outline
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Insured Interest
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All vehicles owned, used or operated by the University
or in which the University has an insurable interest,
vehicles owned by directors, employees or others whilst
being used on the business of the University, whilst
only within Australia.
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Exclusions
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Exclusions in relation to alcohol, unlicensed driver,
etc apply. The full list of exclusions can be obtained
by contacting Financial Services on Ext.
3514 or 3667.
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Excesses
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The base excess of $1000 will be charged to the relevant Budget Centre.
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Additional Age Excesses
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Driver under 21 years of age - $750 (Total payable by the Budget Centre is $1750)
Driver aged 21 to 25 years of age - $300 (Total payable by Budget Centre is $1300)
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Important Additional Information
Usage of Private Vehicles
Private vehicles used in connection with University business
must have full comprehensive insurance and can only
be used with the approval of the Head of Budget
Centre.
Should the vehicle be involved in an accident while on University
business, the University may compensate the staff member for the
amount of excess charged by the vehicle's insurer and loss of
no claim bonus in the year following the accident, upon production
of relevant documentation. No other costs will be met. The cost
of the excess (as listed above) will be charged to budget centre
funds.
Please note the following policy - Driving
Authorised Vehicles Policy.
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