What are my small business insurance requirements?   

Small businesses with employees are required by law to take out Workers Compensation Insurance to cover those employees.  It is also highly advisable to insure all of the business assets such as stock, contents, glass, buildings etc. against accidental damage, storm and theft as a minimum.  Public Liability is also very important in order to cover any claims for third party property damage or personal injury.

Westralian Insurance is a small business, who understands small business.  If your business insurance is due for renewal, or you simply have insurance questions, call our fully qualified, friendly team today, on (08) 9302 1388 or visit www.westralianinsurance.com.au

What is the best insurance for self-employed?

Income Protection is a very useful policy for self-employed sole traders that don’t qualify for Workers Compensation.  This covers your income in the event of illness or injury preventing you from being able to work.  It often covers up to 80% of your income paid either weekly or monthly, depending on the policy wording.  

The main way that Income Protection differs from Workers Compensation is that it does not have to be a work-related injury or illness in order for you to claim. However, medical expenses are not covered in the same way as Workers Compensation, only your ongoing income or wages are insured.  If you are thinking about taking out Income Protection it’s important to speak to a specialist insurance broker, who has the relevant licence to sell this type of insurance policy.

Westralian Insurance are here to help!  Call (08) 9302 1388 or visit www.westralianinsurance.com.au for more information.

The value of an Insurance Broker

Your insurance questions answered: Where can I buy business insurance?Whilst busines...

Your insurance questions answered: Where can I buy business insurance?
Whilst busines...: Where can I buy business insurance? Whilst business insurance can be purchased directly from an insurance company, it is advisable for m...

Where can I buy business insurance?

Whilst business insurance can be purchased directly from an insurance company, it is advisable for most businesses to utilise the services of an insurance broker. 

Insurance brokers can source multiple quotes for you in order to make sure you are getting the best possible premium.  More importantly, they can make sure that your business is covered correctly and they will also act on your behalf in the event of a claim.

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

What insurance do I need as a consultant?

Any business that consults or advises 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.  All consultants should have Public Liability as well as Professional Indemnity in order to cover both types of claims.

For professional advice or a tailored insurance solution for your business, call Westralian Insurance on (08) 9302 1388, or visit www.westralianinsurance.com.au

Should my small business have cyber insurance?

Cyber attacks and hacking of computer systems is fast becoming one of the most common types of crime in the world. Small businesses are routinely targeted as they are seen as an easier target than larger companies with more robust IT systems. 

It would be highly advisable for any small business to take out cyber liability in order to cover increasingly common cyber claims such as hacking, privacy breaches and social engineering.

For more information on cyber insurance and whether it's right for your small business, call the friendly professionals at Westralian Insurance on (08) 9302 1388, or visit www.westralianinsurance.com.au