Summary of the Government of South Australia's Catastrophe Reinsurance Program 2021-22

Industrial Special Risks (Property and Business Interruption)

 

Level of cover

$2000m

Each and every event deductible

$40m

No aggregate annual deductible

Public and Products Liability

Level of cover

$597m

Each and every event deductible - local government claims

$3m

Each and every event deductible - other claims

$1m

Aggregate annual deductible for losses in excess of $1m/$3m each and every event

$20m

Professional Indemnity

 

Level of cover

$300m

Each and every event deductible - local government claims

$3m

Each and every event deductible - other claims

$1m

Aggregate annual deductible for losses in excess of $1m/$3m each and every event

$20m

Directors and Officers Liability

 

Level of cover

$50m

Each and every event deductible - local government claims

$3m

Each and every event deductible - other claims

$1m

Aggregate annual deductible for losses in excess of $1m/$3m each and every event

$20m

Medical Malpractice

 

Level of cover

$100m

Each and every event deductible

$20m

No aggregate annual deductible

 

Airport Liability

 

Level of cover

$500m

Each and every event deductible

$5,000

General Aviation Liability

 

Level of cover

$250m

Each and every event deductible

$Nil

UAV (Drone) Liability

 
Level of cover$50m

Each and every event deductible

$1m

Terrorism Liability

 

Level of cover

$500m

Each and every event deductible

$25m

Network Security and Privacy Liability

 

Level of cover

$20m

Each and every event deductible

$20m

No aggregate annual deductible

 

m = million