Inside the Toolbox: What's Really Covered in Hutch's Trade Pack?

Every broker has been there, sitting across from a tradie client who just wants to protect their business. They have tools on-site, a crew to manage, and a small, leased workshop. They don’t need bells and whistles. They need cover that makes sense.

Enter Trade Pack.

This is Hutch’s version of a toolbelt: practical, lightweight, and ready to go. So, what’s actually inside?

Let’s take a closer look inside the toolbox:

Included as Standard: Public & Product Liability

Broadform Liability with cover up to $20M, supplementary benefits including defence costs, first aid expenses, and cover for the temporary protection of property.

• Broadform Public and Products Liability
• Defence and Legal Costs
• Reimbursement for first aid and temporary protection costs
• Sudden and Accidental Pollution cover
• Principals vicarious liability insured
• Cross Liability

The you just add what you need....

General Property

Tools under two years old? They’re covered new-for-old. Cover also extends to Stock, Office Equipment, Leased Premises Fixtures and Fittings, and Glass.

• Broad definition of Damage and Event providing comprehensive protection for key business assets
• Tailor to requirements by choosing from Tools, Stock, Office Equipment, Leased Premises Fixtures and Fittings, and/or Glass at the Main Situation
• Optional cover for Flood (where available)
• Cover available for unspecified items valued up to $5,000
• Additional benefits can include Personal Effects of Employees, Damage to domestic electric motors and depreciation of undamaged Stock

Mobile Plant and Registered Mobile Plant Liability

Cover for accidental damage, finance protection, hired in plant, and road liability, for when general tools just do not cover it.

• New for old cover for items less than 24 months old
• Cover for hired in Mobile Plant
• Automatic additions
• Finance payment protection
• Hook Liability (where available)
• Road Liability (where applicable)

Cyber Protection

Not just an add-on. This optional section includes our standard cover for payment redirection fraud and the legal costs from a data breach.

• Cover for loss of Funds as a result of payment redirection scams
• Cover for defence costs resulting from a data breach

Tax Audit

This optional section includes up to $100,000 in audit fees.

• Cover is applicable to multiple tax types, including income tax, GST, Superannuation, and Payroll Tax
• Cover for fees of professional accountants or other consultants

Individual Personal Accident

If the nominated Covered Person is injured, this optional section provides a Prime Benefit of up to $150,000 and Weekly Benefits up to $1,500, for up to 104 weeks.

• Choose between Accident only or Accident and Illness cover
• Additional benefits include rehabilitation costs, unexpired membership benefit and funeral expenses
• Optional cover for additional activities: motorcycling, waterskiing and football (amateur level only)

Glass

This option under General Property, was added in direct response to broker feedback, for glass at a leased premises.

Need to know more?

Download the Trade Pack Broker Fact Sheet and quote today via Ebix Sunrise Exchange using Product Code: HUTTP.