Protecting business investment with insurance is a critical part of every sensible business owner's business plan.
Insurance protects businesses from unexpected financial risks due to natural disasters, accidents, liabilities and losses, which may run in to thousands.
Public liability insuranceBusiness Insurance Renewal Due?If you are in the process of renewing your business, public liability or professional indemnity insurance ... whether it be a professional, trade, manufacturing or retail business ... we can show you a quick way through the maze of offers and options available on the market. Our Australia-wide broker panel will ensure that you get the best cover for your specific needs - and at the right price to suit your budget.Public liability insurance protects your business against financial risk of being found liable for death, injury, loss or damage of property caused to the third party due to your negligence.For example, if a customer slips and falls due to wet floor at your business premises and gets injured, he may sue you and claim for compensation.Public liability insurance helps you during this kind of situations by taking care of legal and medical costs.
Product liability insuranceIf your business involves in manufacturing, selling, or supplying goods, you should consider product liability insurance.It protects your business against financial loss as result of defective product that causes injury or bodily harm to the customer.
Employers' liability insuranceAs a business owner, you are responsible for the health and safety of your employees while they are at work.An employee being injured while on the job, can file a compensation claiming that he should be given medical help and wage replacement while in recovery.This insurance protects you from the liabilities arising from disease, fatality, or injury to employees resulting from workplace conditions or practices.