Clover building insurance: what each policy covers, and who underwrites it
1 building policy from Clover. For each: whether flood and accidental damage are covered, and what happens once the building is left empty, with the sentence from its own documents. Underwritten by Allied World Assurance Company, Ltd (Australia Branch).
- Website
- insurance.com.au/business-insurance
- What it is
- Underwriting agency
- Listed on
- Business premises and property owners
- Underwriter
- Allied World Assurance Company, Ltd (Australia Branch)
- APRA
- Authorised by APRA to write new general insurance (listed as Allied World Assurance Company Limited)
- Sold by
- insurance.com.au Pty Ltd · AFSL 233750 · authorised representative no. 443422
Building policies
Clover OneBusiness Pack - Business Building and Contents
- Type
- Business property · Commercial
- Sold
- Not stated
- Flood
- Optional extra
- Left empty
- No cover after 60 days. Unoccupied means not used for business purposes for at least 2 consecutive days in the previous 60. Unless the insurer agreed in writing.
- Documents
- OneBusiness Pack Combined PDS and FSG (Allied World Assurance) (28 November 2024) · OneBusiness Pack Combined PDS and FSG (RAC Insurance, v10-23) (1 October 2023)
- You will only be covered under the Business Building and Contents section where it is shown as 'Insured' in the Policy Schedule, so buildings cover is optional.
- The policy excludes flood unless shown as insured in the policy schedule.
- Designed to cover the buildings, contents and stock that a business owns or leases.
The policy
“Business Building and Contents insurance, also known as Commercial Property insurance, provides financial protection against unexpected insured events that may cause damage to or destroy physical assets.”
Source: insurance.com.au/business-insurance/commercial-property-insurance-building-contents · Confirmed on the insurer's page on 13 November 2026.
Flood
“Flood and theft coverage is only included in the insurance policy upon selection.”
Source: insurance.com.au/business-insurance/commercial-property-insurance-building-contents · Confirmed on the insurer's page on 13 November 2026.
Left empty
“We do not cover any loss, damage or liability if You have not used Your Location for Business purposes for at least 2 consecutive days in the previous sixty (60) consecutive days, unless We agreed in writing to cover Your unoccupied Location.”
Source: insurance.com.au/getContentAsset/a1420e42-8b4f-47b5-8113-6499a99f4ab1/dfc3d011-8f63-43f6-9ed8-4b444333a1d0/Clover-OneBusiness-Insurance-PDS-and-FSG-Allied-World-Assurance.pdf · Confirmed on the insurer's page on 13 November 2026.
Who underwrites and sells it
Underwriter
“This insurance is underwritten by Allied World Assurance Company, Ltd (Australia Branch) ABN 54 163 304 907, AFSL 548668”
Source: insurance.com.au/getContentAsset/a1420e42-8b4f-47b5-8113-6499a99f4ab1/dfc3d011-8f63-43f6-9ed8-4b444333a1d0/Clover-OneBusiness-Insurance-PDS-and-FSG-Allied-World-Assurance.pdf · Confirmed on the insurer's page on 13 November 2026.
Who sells it
“insurance.com.au Pty Ltd is an Authorised Representative AFSRN 443422 of Community Broker Network Pty Ltd ABN 60 096 916 184 AFSL 233750.”
Source: insurance.com.au/business-insurance/commercial-property-insurance-building-contents · Confirmed on the insurer's page on 13 November 2026.
Allied World Assurance Company, Ltd (Australia Branch): licence
- AFS licence
- 548668 · ALLIED WORLD ASSURANCE COMPANY, LTD
- ABN
- 54163304907
- Licensed since
- 14 September 2023
- Principal business
- Sydney NSW 2000
- General insurance
- Licensed to deal in general insurance products
From ASIC's AFS Licensee dataset, release of 11 November 2026, Creative Commons Attribution 3.0 Australia.
Distributor's licence
- AFS licence
- 233750 · COMMUNITY BROKER NETWORK PTY LTD
- ABN
- 60096916184
- Licensed since
- 1 November 2003
- Principal business
- Melbourne VIC 3000
From ASIC's AFS Licensee dataset, release of 11 November 2026, Creative Commons Attribution 3.0 Australia.
Deep Almanac is a secondary source and this page is provided for general information and reference. It is not financial, investment, legal, valuation, educational or other professional advice, and it is not a substitute for checking the original source. What each policy covers and who underwrites it are read from each insurer's own documents by hand and re-checked daily, so a change can take a day to appear, and the policy wording you are issued is what applies to you. You are responsible for any decision you or your software makes in reliance on this page. See our terms of use.