About Landcover

Simply put, Landcover is “sleep easy” Public Liability Insurance protection, for owners of Vacant Land. The Policy protects the landowner from claims made against them by others, who are holding the owner legally liable to pay compensation , either for personal injury to them or for damage to their property caused by or arising out of an occurrence on the land.

When you buy that little piece of Australia, be it residential (including Community Title common land), commercial, industrial or rural with or without certain structures, you deservedly have the right to feel proud.

Now as owner of that land, imposed on you, is a Duty of Care requirement, a legal responsibility to make sure no harm comes to other people or their property. Known as ‘Common Law’, the responsibility rulings change as cases are determined by the courts and tend to favour consumers. This is the same legal liability you have when you own a home, a car, boat, caravan or business.

Accidents DO happen! The law can be complex when it comes to deciding if you are legally liable or not …and expensive if you are sued and have to defend a legal action brought against you.

Not being insured puts all your own assets at risk so transferring the risk to an insurer makes sense and starting at just over $200, the cost of Landcover insurance is an affordable solution. Landcover has been specifically designed for owners of vacant land protecting you from having to pay the cost of Damages and your legal Defence Costs negotiated or awarded against you.

The Policy provides you with cover up to $20,000,000 and as well pays your Legal Defence Costs. For each claim, accepted by your insurer, you only pay an excess of $500.

The CGU Insurance Policy states what is and what is not covered, as well as the Terms and Conditions that apply. Because various types of land and structures are insured, Landcover is classed as a “Wholesale Insurance Product” which means that the Policy Wording is the insurance document required to be provided to you.

The Insuring Clauses, Definitions, Endorsements, Conditions and Exclusions stated in the Policy Document , as in any Insurance Contract, are very important to understand. The “Exclusions” in all Public Liability Insurance policies are particularly important and whilst many of these do not apply to you as a property owner of land there are some that you need to be aware of;

• Wilful acts by you that cause Injury or damage to others, or their property Is
  excluded.
• Damage to your property or structures is excluded.
• Any Construction work, renovations, erecting of structures are not insured (separate insurance is needed by you or your Contractors)
• Any Business, (other than as Property Owner of the land) profession, trade or manufacturing operations are not insured.

The most current Policy Wording and Landcover additional Endorsements and Exclusions can be viewed in our Document Library. Click here.

Please take the time to read all the following items in this menu as they help explain more about the Landcover insurance product and the terms and conditions required to be disclosed to you.