Does my business need Professional Indemnity insurance?

Any business that designs or provides advice, has a Professional Indemnity exposure.  Wrongful advice and design errors are claims that would be excluded by a Public Liability policy, but covered by Professional Indemnity. 

Examples of professions that would need Professional Indemnity insurance are solicitors, architects, management consultants and building surveyors.

If you're considering Professional Indemnity cover, or just have some questions which need answering, call the friendly professionals at Westralian Insurance.  Call (08) 9302 1388 today, or visit www.westralianinsurance.com.au

 

Do I have to cover sub-contractors for Workers Compensation?

In many cases, subcontractors have to be covered for Workers Compensation in exactly the same way as direct employees.  Although some subcontractors may be large businesses with all of their own insurance policies in place, some contractors may be sole traders who are ineligible for Workers Compensation. These types of subcontractors would have to be included on your Workers Compensation policy every year.

If you have Workers Compensation queries or would like a quote for your small business, call the team at Westralian Insurance today on (08) 9302 1388, or visit www.westralianinsurance.com.au

What insurance does a builder need?

The most important policy for a builder to carry is Public Liability.  This covers third party property damage and personal injury. 

Builders always come into contact with the public and are often on third party property, so Public Liability claims are frequent.

Tools are also important to insure for their full replacement value.  Without their tools, builders are unable to work so covering them (especially against theft) is vitally important.

Workers Compensation is a statutory requirement for builders who employ others.  Many construction companies will not allow builders on-site without adequate Public Liability and Workers Compensation insurance.

Finally, Contract Works is another policy that builders should consider.  It covers a building contract during the construction phase and can include all tools and materials on-site.

There's a lot to consider as a builder and Westralian Insurance can help!  Call us today on (08) 9302 1388 or visit www.westralianinsurance.com.au

Does my business need Workers Compensation insurance?

Workers Compensation is vitally important, first and foremost because it is a legal requirement in Australia.  It’s also very important because it provides protection for your company’s employees in the event of a work-related illness or injury.  If your business employs staff or contractors and pays them a wage, then Workers Compensation is mandatory.

If you've got questions, Westralian Insurance can help.  Call our fully qualified, friendly staff today on (08) 9302 1388, or visit www.westralianinsurance.com.au

Does my business need cyber insurance?

Cyber-related crime is one of the fastest growing areas of criminal activity in Australia, so it would be prudent for any business owner to consider Cyber Insurance. 

The costs that can be covered or mitigated by a Cyber Insurance Policy, include data recovery following a hack, extortion and ransom costs and lost funds due to a malware attack or social engineering scam. 

Every business is at risk, so it's worth speaking with an insurance broker about Cyber Insurance for your business.  Call (08) 9302 1388 or visit www.westralianinsurance.com.au

What insurance do I need for my investment property?

An investment property needs Building and Contents cover just like an owner-occupied home.  You can also cover Loss of Rent, Rent Default and Theft By Tenant to add an extra layer of protection for the landlord.

If you own an investment property and have questions about insurance, contact the friendly professionals at Westralian Insurance today.  Call (08) 9302 1388 or visit www.westralianinsurance.com.au

What insurance do I need to deliver takeaway orders?

Commercial motor insurance is vitally important for a takeaway business, with the option of open driving for all delivery drivers.  Public Liability is also important in order to cover any potential claims for third party property damage or personal injury.  It is also a legal requirement for takeaways with employees to have a current Workers Compensation policy in force.

With the current climate, it's never been more important for businesses providing takeaway food and drinks, to ensure they are fully insured.

Westralian Insurance is here to help.  Call our friendly, knowledgeable staff today on (08) 9302 1388, or visit www.westralianinsurance.com.au