Marine Asset Schedule Help Guide

The Marine Asset Schedule is completed each year by you, the insured Agency and provides QGIF with detailed information about your Agency’s insurable assets.

It is important that you provide accurate and complete information as the data is used by QGIF to assess the level of risk and calculate an appropriate premium commensurate with that risk.  In addition, the information contained in the Marine Asset Schedule is collated by QGIF into a Whole-of-Government Asset Schedule and forwarded to reinsurers in accordance with our reinsurance reporting obligations.

When completing your Marine Asset Schedule, please declare all marine assets including non-motorised and motorised watercraft owned by or in the care, custody or control of the Agency.

The following help guide provides additional information to assist you in completing your Agency’s Marine Asset Schedule.

Provide the total number and replacement value of your non-motorised watercraft under 8 metres. Examples include, but are not limited to:

  • canoes,
  • kayaks and
  • dinghies.

The replacement value represents the total cost to purchase a new replacement watercraft of similar design and specifications including on-board equipment and trailer etc.

Please include the current Replacement Value (Gross Value) as QGIF settles marine claims on a reinstatement or replacement basis.

Provide the total number and replacement value of your motorised watercraft under 8 metres. This includes, but is not limited to:

  • jet skis,
  • power boats,
  • aquascooters,
  • patrol boats,
  • jet bikes and
  • tinnies.

The replacement value represents the total cost to purchase a new replacement watercraft of similar design and specifications including on-board equipment, trailers etc.

Please include the current Replacement Value (Gross Value), as QGIF settles marine claims on a reinstatement or replacement basis.

Asset ID

The Asset ID is the unique identifier code used internally to identify the asset. It may be either the SAP ID, Location Code, UI Number.

Name of Watercraft

The name of the watercraft.

Year of Manufacture

The year of manufacture of the watercraft over 8 metres.

Watercraft Details

  • Type eg: catamaran, sailing, etc
  • Make
  • Model

 Length of Watercraft (Metres)

This is the physical length of the watercraft over 8 metres. The length is to be provided in metres eg: 20.9

Location

The details of where the watercraft over 8 metres is moored or docked.

Geographical Limit of Operation

The maximum ‘nautical’ distance the watercraft will be from the shore line at any time during the course of its use. If used in bay, harbours or estuaries, please note this in place of nautical distance.

Purpose of Watercraft

This is the purpose for which the watercraft is being used eg marine pilotage, rescue and recovery, surveillance, etc.

Details of Dangerous Goods Carried as Cargo

Details of whether any dangerous or hazardous goods are carried as cargo on the watercraft over 8 metres eg explosives, hazardous chemicals, etc.

Replacement Value ($)

The replacement value represents the total cost to purchase a replacement watercraft over 8 metres of similar design and specifications including onboard equipment, trailer, in-built surveillance devices, etc.  Please include a current Replacement Value (Gross Value) as QGIF settles marine claims on a reinstatement or replacement basis.

Feedback