If you’re a sole trader, have ever worked on-site or had a major contract, you’ll probably be well aware of commonly seen ‘contractual’ requirements to hold Public Liability insurance. but have you ever wondered ‘why the big deal?’
Put simply, Public Liability insurance is designed to protect you in the event a customer, supplier or a member of the public is injured or sustain property damage as a result of your negligent business activities.
This covers legal fees and compensation costs if a customer, member of the public, or a supplier brings a claim against you for injury or damage to their property as a result of your alleged negligent business activity. We offer cover options of $5 million, $10 million, and $20 million.
Own your own tools? Then Portable Equipment cover something to seriously consider.
Without your tools you probably can’t work, and that means not earning an income. Business Insurance* is an insurance package designed to provide cover for your business contents, stock, tools and commercial premises when an insured event occurs (such as fire, storm, theft or even accidental damage). A Business Insurance package can also cover your portable equipment, glass and for loss of revenue due to business interruption in specified circumstances. In addition, cover is available for public liability, tax audit, employment practices and statutory liability risks.
Portal Equipment insurance (also known as General Property insurance) covers you for loss and damage to items of portable equipment associated with your business. These can include tools of trade and items of stock
Loss or damage to portable equipment that is caused by:
Specified portable equipment can include items such as:
Loss or damage to your portable equipment that is caused by:
If you’re running your own show, consider insuring the one thing that brings in the dough and your most important asset, you.
Take the time to think, if you were to fall ill or have an accident and had to be off work for a few weeks, months or longer, would you still be able to pay the rent, mortgage, and feed your family?
If this is a risk you don’t want to take, then consider Personal Accident and Illness insurance. It can provide levels of cover for loss of income if you are unable to work, permanently disabled or even pass away as a result of an unexpected injury or illness (even if it occurs outside of your employment).
Optional Extensions can include:
An injury or illness that is the result of:
*As with any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy wording. The information contained on this web page is general only and should not be relied upon as advice