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