Holiday Park Insurance & Jumping Pillows®
If you are experiencing one of the following:
- Higher Premiums
- Higher Excesses
- Limitations to the activities you can perform
We have a potential solution for you!
Protect your future today
The Situation
Since September 2023, the Australian Insurance Market has returned with the ability to source covers for Jumping Pillows®.
However, locations are noticing significant restrictions to their covers within their new policies.
These restrictions come in the shape of:
- limited cover
- significant risk management improvements required
- significant increases applied to excesses for each and every claim (with parks suffering from an excess of up to and over $100k per event) and;
- additional excesses/penalties in the event certain risk controls are not met. Putting additional strain on park owners and operators alike.
These restrictions are being seen across the market as a common solution for insurers to lower their costs to the claims experienced by their customers, by ultimately lowering the covers to their customers, i.e… you.
In addition to this, we are also seeing significant increases across the board to premiums as well, creating a highly undesirable situation for business owners who may require one day the need to use their insurance policy, but will carry the fear of declination of renewal, or the potential further restrictions/increases which may apply in further years.
Our Offices Potential Solution
Due to our stringent compliance controls and strong international relationships, where undesirable terms are only available in the Australian market, or no form of cover is available at all. We can utilise UFI’s (Unauthorised Foreign Insurers) which have met the requirements of our exclusive facilities to potentially quote for locations operating with Jumping Pillows® within Australia.
The UFI’s that we use have already presented powerful solutions to a number of markets across Australia, have assisted other Park locations, and may potentially be able to assist you.
What we require
Our office will require the following information to obtain some potential terms via our partner insurers and exclusive facilities.
We will require:
- A completed Proposal Form – Contact us below to request our Proposal Form
- An up-to-date claims history from your insurer/s for the last 5 years
- Risk control documentation to identify how you manage your exposures
- Confirmation if you are currently insured or if you are not.
Once the above information is received, we will be able to source potential terms for you via our partnered insurers.
If the information required above is not available, we can still potentially assist you. Please contact our office below if you have any further questions.
Benefit to you
Once potential terms are received by the UFI insurer they are stringently reviewed to ensure that they may be substantially favourable to your circumstances.
This can be applied in a manner as follows:
- Ability to cover activities currently excluded
- Significant reductions to your premium ratings (approximately half the current premium structure)
- Significant reductions to your excesses applied (approximately half the current applicable excess structure)
Or a combination of the 3 above
If following our stringent reviews, our UFI facility terms can be confirmed to meet your requirements, we will be able to provide you with our quotation and steps for how to move forward.
If our UFI facility is unable to meet the requirements of being substantially favourable to you, then they will not be able to provide terms, which should provide you with some further confidence with your current insurer.
Hours
Monday
09:00 am – 05:00 pm
Tuesday
09:00 am – 05:00 pm
Wednesday
09:00 am – 05:00 pm
Thursday
09:00 am – 05:00 pm
Friday
09:00 am – 05:00 pm
Saturday
Closed
Sunday
Closed