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

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