DEPARTMENT OF BIODIVERSITY, CONSERVATION AND
ATTRACTIONS — INSURANCE POLICIES
255. Hon KEN BASTON to the Minister for Environment:
(1) Do the
agencies responsible for managing Cape Range National Park and Ningaloo Marine
Park hold insurance policies in regard to —
(a) public liability;
(b) storm and flood;
(c) business interruption;
(d) vehicle insurance; and
(e) workers' compensation?
(2) If so, what are the policy values and associated premiums
for these policies?
Hon STEPHEN DAWSON
I thank the honourable member for some notice of the
(1) (a)–(e) Yes.
and premiums apply to the Department of Biodiversity, Conservation and
Attractions' lands, waters and operations across the state. No
breakdown is available for individual parks. The policy values and associated
premiums are as follows.
(a) A policy
value of $600 million in any one occurrence, and an associated premium of $2 698
(b) A policy
value for replacement value, excluding erosion in some circumstances, and an
associated premium of $924 503. The premium is for general property insurance
that includes storm and flood.
(c) A policy
value for replacement value, and an associated premium of $924 503. The premium
is for general property insurance, as for (2)(b), which also includes business
(d) A policy
value of vehicles to current market value and $300 million third party damages
in any one event, and an associated premium of $615 748.
(e) A policy
value for prescribed amounts in common law to $300 million, and an associated
premium of $2 006 077.