Making an insurance claim, whether for stolen or damaged personal property, can be stressful. This article steps you through the process, so you’ll know how to claim. Understanding your policy You may have contents insurance for possessions you keep in your home and yard if you have one. This policy usually covers you for theft of goods […]
Owning a construction business means you have your hands full. Whether you’re a builder or a sub-contractor there’s a lot to oversee, do and manage. And then there’s the risk of a third-party being injured or their property damaged due to your work. That’s where public liability insurance comes in to protect your business. It’s […]
The past three years have been a whirlwind for hospitality businesses. While the pandemic seems to be on the wane, your business should still do everything reasonably practicable to reduce the risks of COVID-19’s spread, like keeping up to date on employers’ responsibilities via this Safe Work Australia website. Other, more inherent risks remain, though. A global […]
As of September last year, there were 251,000 short-term rentals registered across Australia, down from 400,000 pre-pandemic. However, not all short-term stays are registered. If you rent out your main residence, this article is for you. We’re sharing a swag of tips to help you manage your risks. Understanding property insurance To help protect your home from […]
Cyber security is a top risk management concern for Australian businesses, with eight in 10 organisations hit by ransomware. And research shows small businesses are likely to have poor security practices due to common misconceptions about the threat. It is such a hot issue that the Federal Government appointed the first Minister for Cyber Security in a G20 […]
Many areas of Australia have increased vegetative growth at the tail end of the third La Niña wet-weather pattern in a row. This has raised the risk of bushfires. You’ll need a plan of action and a home preparation strategy should a bushfire happen nearby. Preparing your house before a fire happens If you don’t have […]
How can you determine the essential insurance you need for your unique business? Your aim is to balance minimising risks with maximising profit. Insurance helps small and medium-sized enterprises by mitigating threats, offering financial support and paving the way to sustainability. Having the right insurance also builds business credibility in the eyes of your customers, contractors, suppliers […]
The value of farm animals can reach astronomical heights – last year, a 13-month-old Wagyu heifer sold for $400,000 at an auction in Melbourne. While your stock might not fetch that kind of price, your investment in breeding and care can go to waste if you don’t minimise the risks of theft. Livestock theft happens more than […]
Only about four in 10 Australian small and medium-sized businesses (SMBs) surveyed in 2022 had confidence they were fully covered for insurance risks in their operations. Meanwhile, about a third had no plan to minimise risks. This article tackles three insurance myths that persist among SMBs. Myth 1: Your business is too small to need […]
t’s easy to assume all coverage is equal when it comes to finding your best-fit insurance. But choosing opting for a low level of cover may end up costing you more in the long run. It’s also important to consider: The responses will help you work out if you’re receiving the level of coverage you […]
