When it comes to public liability insurance, there is no straightforward answer, whether it is mandatory in Australia or not. For some businesses, it can be compulsory, whilst for others, it is merely one of the ways of protecting themselves, their business and their assets. It all depends on your trade and in what line of work you are involved.…
Whether you are a carpenter, plumber, electrician or are self-employed in any other trade, it is vital to consider obtaining tradesman insurance. Unexpected events and accidents happen to all of us, so having insurance to back you up will not only protect you financially but will also maintain your peace of mind while at work. But what insurance is right…
Public liability insurance is a cover that protects businesses from external claims against them. This may be where a person or party insists that the business may be responsible for injury to a person or damage to property while providing their services. When a third party makes a claim against you or your business it is crucial to have public…
In many cases, if you work as a contractor, Public Liability and Professional Indemnity Insurance are a requirement from companies and clients. It is important to understand the difference between the two to identify which insurance is needed for your business. What is Business Liability Insurance? Business Liability Insurance covers your business when it’s found to be liable, and you…
According to the Australian Bureau of Statistics, more than 2.3 million businesses actively traded in the country’s economy as of 30 June 2019. For some time now, about 61% of Australian businesses are sole traders without employees, comprising the majority of businesses in the country.
Tools insurance, otherwise known as general property insurance, is a cover that protects your work equipment in the case of accidental damage or theft. It is a tradies worst nightmare to realise that they have been a victim of tool theft. Tool theft is incredibly interruptive to business. Not only is it inconvenient to deal with, but it can fully…