Do I need insurance for an online store?

Whilst an online store doesn’t have a physical premise to insure, there are still other types of insurance to consider.  Public and products liability is still required for the products being sold online.  Stock insurance still applies if stock is kept at a warehouse or residential premises ready for delivery to customers.  Workers compensation is still a legal requirement for any business with employees, regardless of whether they operate from a physical location or online.

If you're managing an online store, it's important you're fully protected, with an integrated business insurance solution.

For the right advice, call the friendly professionals at Westralian Insurance today, on (08) 9302 1388, or visit www.westralianinsurance.com.au

Do I need insurance for my small business?

Small businesses require most of the same kinds of insurance that larger businesses require.  The most important are stock, contents, glass, machinery and public liability amongst others.  A small business with employees, is also required to have a valid Workers Compensation policy in place.

Navigating insurance for your small business can be challenging - Westralian Insurance is here to help.  Call our friendly, knowledgeable staff today on (08) 9302 1388, or visit www.westralianinsurance.com.au

What is a Certificate of Currency?

A Certificate of Currency is issued by your Insurer as proof that you have an active policy in place.  It is a document on Insurer letterhead, which outlines your cover and your policy period. In order to obtain a Certificate of Currency from your Insurer, the policy must be either paid in full or paid via monthly instalments.

A Certificate of Currency can only be issued once an insurance policy has been bound and paid for in full.  An insurance broker with the required binding authority can issue a Certificate of Currency on behalf of an insurer (called a Certificate of Insurance) as soon as payment for the policy has been received. Some brokers also offer Certificates of Insurance to their clients for a non-refundable deposit payment, typically around $100.

If you need a fast Certificate of Currency, Westralian Insurance can help.  Call our knowledgeable, fully qualified team today on (08) 9302 1388 or visit www.westralianinsurance.com.au

Does my business need terrorism insurance?

Terrorism, like cyber crime, can affect businesses of all sizes.  Many insurance policies automatically include Terrorism Insurance and include a levy for this. However, stand-alone Terrorism policies are also available and are particularly important for companies that operate globally.

If you're interested in learning more about terrorism insurance and whether it's right for your business, call the friendly, knowledgeable staff at Westralian Insurance today, on (08) 9302 1388, or visit www.westralianinsurance.com.au

 

 

Does my online business need insurance?

Online businesses require Public Liability, just like physical retail and wholesale businesses.  Claims for third party property damage and personal injury can still be sustained by an online business.  Public Liability can also include Products Liability, which is vital for any retail business, whether they sell from a store or online.

This covers third party property damage or personal injury caused by products.  As long as the insurer is aware that the business is an online one, then Products Liability cover can be provided for any goods sold via the internet.  Stock and Business Contents stored at home or in a warehouse can also be covered under a Business Package policy.

If you're running an online business or considering starting up a side hustle, talk to the business insurance experts today!  Call the friendly team at Westralian Insurance today, on (08) 9302 1388 or visit www.westralianinsurance.com.au

What insurance do I need as a sole trader?

The type of insurance you will require as a sole trader will vary, and depend on your occupation.  For example, are you a mobile tradesman, a salesperson or do you own a business premise?  Are you a property owner, importer/exporter or a professional providing specialist advice? 

The list of potential insurance policies you may require, based on your individual circumstances, is exhaustive.  It is best that you speak with an expert insurance broker to ascertain which policies you should consider, when protecting yourself and your business. 

 

Westralian Insurance would love to help!  Call one of our professional and friendly, full qualified insurance brokers on (08) 9302 1388 or visit www.westralianinsurance.com.au today!

Does my business insurance cover insurance contractors?

Business Package insurance policies often include Public Liability cover.  However, it’s common for the Public Liability cover to exclude claims by subcontractors. Independent contractors should take out their own Public Liability policies in order to avoid having a claim declined by a Principal’s Public Liability insurer. 

It’s possible to obtain cover for subcontractors under some policies but it usually requires referral to the insurer and often requires the subcontractors to be named on the policy by endorsement.

Westralian Insurance are your small business insurance brokers.  We take the time to fully understand your business and will provide a complete insurance solution.

To speak with one of our fully qualified insurance brokers today, call (08) 9302 1388 or visit www.westralianinsurance.com.au