In the intricate landscape of business insurance, distinguishing between professional indemnity and public liability insurance is crucial for every business owner. A lot of people think that these policies essentially cover the same thing but in reality, they are very different. While professional indemnity insurance guards against claims from clients due to negligent services or advice, public liability insurance covers…
Public liability insurance for sole traders isn’t just an option; it’s a necessity. This type of insurance is a safeguard, a protective layer around your business, shielding you from the unforeseen and often substantial costs of legal claims. As a sole trader, particularly in dynamic fields like courier services, understanding the risks and ensuring you’re covered is crucial. Understanding public…
Understanding risk management in the world of insurance is crucial, whether you’re an individual seeking to safeguard your assets or a business owner looking to protect your enterprise. Navigating the complex landscape of risk management and insurance can be challenging. Different types of risks require different insurance products, and understanding the nuances of each policy is essential to ensure you’re…
Tradesmen are often self-employed which means you’re responsible for arranging your own insurance cover. While there may be a number of forms of insurance cover which apply to your work, one of the most important policies for you to consider is public liability insurance. Today, we take a closer look at which tradesmen should consider public liability insurance and what…
The digital age has opened a lot of doors for businesses and as technology has evolved, businesses have embraced the fact the once complex tasks are now simple and a wider customer base can be reached. However, there are also a number of risks which come of an increasingly digital landscape and many businesses are falling victim to cyber-crime. Luckily,…
Public liability insurance is a common form of cover among businesses and business owners. It offers peace of mind against the cost of third party allegations relating to loss, damage to property, and injury. Legal action taken against a business can be financially crippling, and public liability insurance is an important aspect of mitigating the risk of potential allegations. …
If you run a business, chances are that you’ve heard of public liability insurance. Liability insurance protects you financially if you cause damage or injury to a third party as a result of your actions at work, and is an essential form of cover. Despite it being one of the most well-known forms of cover, there are still quite a…
If you’re running a business, you’ve probably heard of public liability insurance and this is one of the most common forms of cover for Australian businesses. Public liability insurance protects your business from legal liability if a third party claims property damage or personal injury. Unfortunately, liability claims can be common which is why you need to make sure that…