Public Liability Insurance

When you’ve worked hard to establish your business and encourage its growth, it makes good sense to ensure that it is protected. However, some business owners overlook the importance of public liability insurance. Perth business owners unsure about whether they need it, need to check out these four important reasons. Protection Against Malpractice, Negligence, and Professional Misconduct Claims: Business services carry an expectation for professionalism, and if something does go wrong, you could find yourself being held liable. If you have provided ineffective or incorrect advice, there is the possibility of a claim being lodged against you for negligence or misconduct. Many public liability insurance packages can be tailored to include professional indemnity protection to cover your financial loss for any legal action or damages awarded against you. Protection From Property Damage and 3rd Party Injury: If you have people around your business activities or you w

Life can be unpredictable, and while many property owners ensure that their home is protected, they overlook the need for investment property insurance. Perth property owners can easily find their asset compromised by something as simple as a burst pipe or other property damage. Even a minor incident could leave you with a frustrating problem that impacts your finances. What is Covered by Investment Property Insurance? While home insurance is usually quite self explanatory, many property owners remain a little uncertain about the coverage offered by investment property insurance. Typical coverage includes protection against most unexpected events such as fire, flooding, storm damage or theft. Your policy may even be tailored to provide additional coverage for incidents such as malicious damage, damage caused by tenant structural modifications or loss of rent. The Differences Between Investment Property Insurance and Home Insurance: Property owners may be tempted to

Whether you are establishing a new business or your insurance requirements have changed, there are a few questions about business insurance, Perth business owners need to ask before making a purchase decision. This will help you to have confidence that your business has adequate protection without it impacting your bottom line. What Are the Business Risks? In order to ensure that you have the right level of business insurance, Australia business owners need to assess their business activities and the associated risks. You need to think about whether you have physical premises, if customers visit you and what people you rely on such as contractors, suppliers or staff. It is also worth considering what resources are vital for running your business. This information will help you to obtain a clear picture for your business. You can then get a little pessimistic and think about worst case scenarios and what could go wrong. Think about if something happens to your business p

For small business owners, when things don’t go to plan, it can have a devastating impact on your bottom line. Although you may have planned out protection with your insurance agents, the disruption from a claim can still affect your business. Fortunately, here is some professional advice you can use to avoid common claims. Theft: This is one of the most common issues according to insurance brokers. Perth small business owners can struggle with the devastating effects of theft. The easiest access can be through a glass window or door, but it is also possible for thieves to access your business premises through the ceiling. Although many small business owners can’t afford the high security measures employed by a bug company, there are some steps to minimise theft. Firstly, you should make sure that you have adequate lighting in and around your building, particularly after business hours. This can be an excellent deterrent against break ins. Additionally, using suitabl