W
Woolong/Insurance Tracker1 arrears3 pending5 facilities · $1,655,131.70
Insurance Tracker
Insurance programme administered by Destination (Mansfield) Pty Ltd via Marsh Australia. All cabins enrolled upon settlement. Insurance Levy ($11,760/cabin/year) is a mandatory condition — non-payment is an Event of Default. Woolong Capital Pte Ltd is noted loss payee on all covers.
Annual Levy Collected
$23,520.00
Monthly Levy / Cabin
$980.00
Cabins Enrolled
2
Park Insurance Programme — Covers A–E
| Cover | Type | Sum Insured | Named Insured | Loss Payee | Status |
|---|---|---|---|---|---|
| Cover A | Commercial Property Reinstatement | $500,000 per cabin | Destination (Mansfield) Pty Ltd | Woolong Capital Pte Ltd | ●Active |
| Cover B | Business Interruption | 12 months gross revenue / cabin | Destination (Mansfield) Pty Ltd | Woolong Capital Pte Ltd | ●Active |
| Cover C | Contents | $50,000 per cabin | Destination (Mansfield) Pty Ltd | Woolong Capital Pte Ltd | ●Active |
| Cover D | Public Liability (park-wide) | $20,000,000 | Destination (Mansfield) Pty Ltd | Woolong Capital Pte Ltd | ●Active |
| Cover E | Parametric Occupancy Cover | Up to $5,500,000 | Destination (Mansfield) Pty Ltd | Woolong Capital Pte Ltd — via Deed of Assignment | ●Active |
Insurance Levy — Per Cabin
| Loan | Cabin | Annual Levy | Monthly | Status |
|---|---|---|---|---|
| WC-001 | CABIN 136B | $11,760.00 | $980.00 | ●Current |
| WC-002 | CABIN 125B | $11,760.00 | $980.00 | ●Review |
Cover E — Parametric Trigger Thresholds
Level 1: ≤ 45% park occupancy
$500,00012-month rolling
Level 2: ≤ 40% park occupancy
$1,500,00012-month rolling
Level 3: ≤ 35% park occupancy
$3,000,00012-month rolling
Level 4: ≤ 25% park occupancy
$5,500,00012-month rolling
Basis risk: Cover E triggers on park-wide occupancy only. Individual cabin underperformance does not trigger. Underwriter acknowledgement (Lloyd's/Swiss Re/Beazley) required — Marsh to instruct.