A lack of understanding around what insurance jargon refers to could cost you dearly. Here are some industry terms and concepts you should be clear about before signing anything. Insurance is a contract (i.e. a legally enforceable agreement) between two or more parties. It typically involves an individual or business paying premiums to transfer specific […]
Read MoreRunning a small business is challenging in the best of times, so it’s not surprising that many small business owners put risk protection in the “too hard and too expensive” basket. But they do so at their peril. A survey by the Insurance Council of Australia found that almost 13% of small businesses – and […]
Read MoreThe reality is that all companies, large or small are targets for cyber criminals. Unfortunately many businesses operate under the belief that their existing insurance policies are enough to cover their data security and privacy exposures. This is not the case. Australian insurance companies however are at the forefront in making good the damage of […]
Read MoreIf you have employees who are required to travel for work within Australia or abroad you should ensure that you and they are not exposed to potentially large financial losses as a result of these travels. Expenses for medical treatment, emergency medical evacuation, flight cancellations,hire car excesses or lost luggage are several common losses that […]
Read MoreThere is nothing worse than paying a premium for insurance, then, when you lodge a claim following an insured event, find that you get the runaround from the insurance company and, eventually, a settlement that leaves you well out of pocket. Buying your business and many personal insurances through a qualified insurance broker has many […]
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