Individuals Insurance (other than Business)
Commercial Landlords: A packaged policy offering cover for Property (including fixtures and fittings), Loss of Rent, Rent Default, Money, Glass, Machinery, Taxation Audit, legal Costs for OH&S Breaches and Liability. The policy can be designed for each type of owner and according to the occupation/s.
Commercial Strata: Similar to a commercial landlord but this is a packaged policy specifically for Strata Properties, offering cover for Property (including fixtures and fittings), Loss of Rent, Voluntary Workers, Fidelity Guarantee, Glass, Machinery, Office Bearers Legal Liability, legal Government Audit Costs and Legal Expenses, Lot Owners Improvement and Liability. The policy can be designed for each type of owner and according to the occupation/s.
Construction Works Insurance: All builders who are the principal contractor should carry contract works insurance. It covers material damage to all jobs whilst under construction and the associated Public Liability at that site. The policy can be arranged annually for all jobs or contract specific.
Cyber and Privacy: Cyber Crime can affect every business and you need to be adequately protected in case it happens.
General Property: Covers portable or valuable items that You usually carry around with You in the course of your business within Australia and can be extended to world -wide. Any individual item worth more than $2,500 must always be specified.
Motor CTP: All registered vehicles must be insured for third party injury liability via their registration in most states and by a registered panel of Insurer’s in NSW only (green slip).
Personal Accident and Illness or Disability: covers loss of income due to inability to work. Unless you are a Proprietary Limited company, Principals will not usually be covered by Workers’ Compensation and should arrange alternate disablement cover. This is also appropriate for voluntary workers who are not covered by Workers Compensation.
Professional Indemnity: Businesses that provide advice or tender professional services of any kind can be sued for financial loss due to errors or omissions and you may need this protection. Professional indemnity claims can arise from a number of areas including- Advice, Consulting, Design Services, Professional opinion, Treatment, Testing and Analysing.
Public Liability: Protects you for claims by third parties who may suffer personal injury or property damage arising out of negligent or unlawful acts committed in the course of your business.
Taxation Investigation/Audit: Tax Audit Insurance covers a business for specified costs in the event that it is selected by the Australian Tax Office for auditing. The policy covers the costs of accountants and other professional fees incurred in the course of an audit. Being audited can be time consuming, complicated and can potentially result in a significant financial detriment. You will almost certainly want the services of an external accountant or similar professional and their fees can be substantial. With the right Tax Audit insurance in place, you can at least minimise the cost of an audit to your business, even if you can’t reduce all of the stress.