List of identity Documents produced (see (c) above): Description of identity Documents produced and endorsed E.g. Australian Passport 9.2 Professional indemnity insurance Each Identity Agent must maintain professional indemnity insurance: which specifically names the Identity Agent as being insured; and with an Approved Insurer; and for an insured amount of at least $1.5 million per claim (including legal Costs); and having an excess per claim of no greater than $20,000; and having an annual aggregate amount of not less than $20,000,000; and which includes coverage for verification of identity for the purposes of this Subscriber Identity Verification Standard; and the terms of which do not limit compliance with paragraphs 9.2(a) to (f) of this Subscriber Identity Verification Standard. 9.3 Fidelity insurance Each Identity Agent must maintain fidelity insurance: which specifically names the Identity Agent as being insured; and with an Approved Insurer; and for an insured amount of at least $1.5 million per claim (including legal Costs); and having an excess per claim of no greater than $20,000; and having an annual aggregate amount of not less than $20,000,000; and which provides coverage for third party claims arising from dishonest and fraudulent acts; and which includes coverage for verification of identity for the purposes of this Subscriber Identity Verification Standard; and the terms of which do not limit compliance with paragraphs 9.3(a) to (g) of this Subscriber Identity Verification Standard.
List of identity Documents produced (see (c) above): Description of identity Documents produced and endorsed E.g. Australian Passport 9.2 Professional indemnity insurance Each Identity Agent must maintain professional indemnity insurance: which specifically names the Identity Agent as being insured; and with an Approved Insurer; and for an insured amount of at least $1.5 million per claim (including legal Costs); and having an excess per claim of no greater than $20,000; and having an annual aggregate amount of not less than $20,000,000; and which includes coverage for verification of identity for the purposes of this Subscriber Identity Verification Standard; and the terms of which do not limit compliance with paragraphs 9.2(a) to (f) of this Subscriber Identity Verification Standard. 9.3 Fidelity insurance Each Identity Agent must maintain fidelity insurance: which specifically names the Identity Agent as being insured; and with an Approved Insurer; and for an insured amount of at least $1.5 million per claim (including legal Costs); and having an excess per claim of no greater than $20,000; and having an annual aggregate amount of not less than $20,000,000; and which provides coverage for third party claims arising from dishonest and fraudulent acts; and which includes coverage for verification of identity for the purposes of this Subscriber Identity Verification Standard; and the terms of which do not limit compliance with paragraphs 9.3(a) to (g) of this Subscriber Identity Verification Standard.
Victorian-Operating-Requirements-Version-4-clean.docx