Employers Liability Insurance Australia
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How much does Public Liability Insurance Cost?
... will apply. Get a hassle-free quote for your business here. Given the various industries and occupations Public Liability insurance can cover, also means the cost of it can vary greatly. This is due to a number of ...
read moreWhat does Public Liability Insurance cover?
... very expensive (the example above could easily cost well over $ 50 , 000 ) , and not having Public Liability insurance means you could well end up paying for the claim straight from your back pocket . Bear in mind that ...
read moreHow much Public Liability insurance do I need?
... up to you. Many business contracts will include a minimum amount of Public Liability insurance to be in place -stipulating the amount of Public Liability insurance you are required to have to comply with the terms of the ...
read morePublic Liability Insurance In Rockhampton
... to provide the financial protection your business deserves. W hat does P ublic L iability insurance cover ? Public Liability insurance covers claims for personal injury suffered by a third party (such as a customer ...
read morePublic Liability Insurance In Port Macquarie
... in Port Macquarie pay $26.30 **per month for a Public Liability insurance policy. Public Liability insurance is one of the most popular types of insurance for businesses. In fact, it is likely to be very important ...
read morePublic Liability Insurance In Perth
... businesses in Perth pay $33.80 **per month for a Public Liability insurance policy. Public Liability insurance is one of the most popular types of insurance for businesses. In fact, it is likely to be very important ...
read morePublic Liability Insurance In Mandurah
... businesses in Mandurah pay $28 **per month for a Public Liability insurance policy. Public Liability insurance is one of the most popular types of insurance for businesses. In fact, it is likely to be very important ...
read morePublic Liability Insurance In Hobart
... businesses in Hobart around $29.30 **per month for a Public Liability insurance policy. Public Liability insurance is one of the most popular types of insurance for businesses. In fact, it is likely to be very important ...
read morePublic Liability Insurance In Darwin
... in Darwin pay around $30.80 **per month for a Public Liability insurance policy. Public Liability insurance is one of the most popular types of insurance for businesses. In fact, it is likely to be very important ...
read morePublic Liability Insurance In Brisbane
... to provide the financial protection your business deserves. W hat does P ublic L iability insurance cover ? Public Liability insurance covers claims for personal injury suffered by a third party (such as a customer ...
read morePublic Liability Insurance In Adelaide
... in Adelaide pay around $37.50 **per month for a Public Liability insurance policy. Public Liability insurance is one of the most popular types of insurance for businesses. In fact, it is likely to be very important ...
read morePublic Liability Insurance Explained
... result of a claim. For some types of businesses, it may also be a legal requirement to have Public Liability insurance in place before starting on the job. Sometimes a specific minimum level of cover may be specified, so ...
read morePublic Liability
... and members of the public on a regular basis, then you may need to consider Public Liability insurance. The chance of Public Liability insurance claim can be hard to predict, but if it were to occur, the costs to your ...
read moreWhat is Management Liability Insurance and Who Needs It?
... that are relevant to your business and industry. 3. Employment Practices Liability Employment Practices Liability (EPL) Insurance helps employers reduce the risk and potential cost of claims taken against them by ...
read moreTop tips for buying Management Liability Insurance
... claims being made against the directors or officers). 3. Employment Practices Liability: Employment Practices Liability (EPL) Insurance helps employers reduce the risk and potential cost of claims taken against them by ...
read moreInsurance for Victorian Plumbers
... , tax audit, employment practices and statutory liability risks. Employers Practices Liability* Employment Practices Liability (EPL) Insurance * is designed to help employers minimize the risk and potential cost of ...
read moreHome Based Business Insurance
... been in place before you contracted the disease. Employment Practices Liability Employment Practices Liability (EPL) Insurance is designed to help employers minimise the risk and potential cost of claims taken against ...
read moreInsurance for Martial Art Teachers
... employers, including gyms and studios, require you to have your own insurance in place, and insurance ... dojo or somewhere else. Either way, Public Liability insurance is important for martial arts trainers by providing ...
read moreWhy do welders need insurance?
... lost, damaged, or stolen, which makes welding liability insurance critical. After all, a welder is only ... Workers compensation Workers compensation insurance provides financial reimbursement to employers for payments made ...
read moreTradies urged to review insurance heading into 'tougher months'
... while 87% of small businesses admit that a business liability claim could put them out of business, make them lose ... a few bucks. “Rather than cutting your insurance, consider switching insurers and saving money on your ...
read moreInsurance for Recruitment Consultants
... While selecting the right candidate for the right job with an employer, you may be left open to a negligence claim if ... if it were to be compromised. Cyber Liability insurance helps to protect you from claims and supports ...
read moreBizCover expands into New Zealand and launches BizCover.co.nz
... to add in Public Liability, Statutory Liability, Employers Liability, Employment Dispute Liability and other associated insurance products. To obtain a quote for professional indemnity insurance , and get instant ...
read morePublic Liability Insurance for Cabinet Makers
... not only gives you peace of mind knowing that there is protection in place for when disaster strikes, Public Liability insurance may also be a requirement if you are working under a contract or as a condition of entry to ...
read moreWhat’s the difference between Public and Product Liability insurance?
... when it comes to protecting your small business with Public and Product Liability insurance. What is Public Liability insurance*? Public Liability insurance is designed to provide protection for you and your business in ...
read moreA sole traders guide to understanding Public Liability Insurance
... a requirement. If you are renting your business premises, you may need to have a minimum level of Public Liability insurance in place as part of your rental agreement It may be a requirement to become a member of certain ...
read moreLegal Requirement for Public Liability Insurance
... your business and as such is advisable to have public liability insurance. Legal Requirement for Public Liability Insurance Although public liability insurance is not a statutory requirement, most small to medium sized ...
read morePublic Liability Insurance in QLD
... size of your business (annual revenue), and the amount of cover you require. When you compare Public Liability insurance from different insurers, you can get a clearer idea of how much cover will cost for your business ...
read moreDoes Public Liability insurance cover employees?
... covered for? If you didn't, then you may have made some assumptions about what your Public Liability insurance covers. Some small business owners may believe that PL covers their employees if their injuries are caused ...
read moreWhat tradies need to know about Public Liability Insurance
... a minimum level may be needed as part of the process. Make sure you also have proof of your Public Liability insurance policy ready to show too. Some of the not so typical work sites which you may also still be required ...
read morePublic Liability Insurance NSW
... ! The last thing you want to think about is paying for unexpected accidents - they do happen! Public Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a ...
read morePublic Liability Insurance WA
... last thing you want to think about is paying for unexpected accidents - but they do happen. Public Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a ...
read moreDo I Need Public Liability insurance?
... price to pay for big peace of mind. What if I don't have Public Liability insurance? If you don't have Public Liability insurance, you may be exposed to different types of risks that could, in some circumstances, leave ...
read moreCyber Liability Insurance
... & what's not? Get the right cover Could this happen to you? What is Cyber Liability Insurance? Cyber Liability insurance* is designed to help protect you from claims and support your profitability in the event of a ...
read moreInformation Technology Liability Insurance
... is a combined policy that offers the protection of both Professional Indemnity and Public and Products Liability insurances*. It's designed to give you peace of mind, addressing the potential overlap of the professional ...
read morePublic Liability Insurance NSW
... exposure to potential risks, so there isn't a standard price for Public Liability insurance. The most accurate way to find out how much Public Liability insurance is going to cost your NSW business is by having a chat to ...
read more5 reasons to consider cyber liability insurance for your business
... must follow, having a plan for what to do if there is a data breach, and having a Cyber Liability insurance policy to cover claims if required. 3. The cloud isn't completely secure Cloud technology is now essential to ...
read morePublic Liability Insurance Scenario
... story might have been avoided altogether in just a few minutes online. What Janine needed was public liability insurance or insurance that protects you and your business from being found liable to a third party for loss ...
read morePublic Liability Insurance QLD
... ! The last thing you want to think about is for unexpected accidents - but they do happen. Public Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a ...
read moreHow much does Public Liability Insurance cost for Tradesmen?
... business turning over up to $100,000 can expect to pay around $50 or less per month for Public Liability insurance. However, increase the turnover to $250,000 or more, and the premium increases to >$133 per month. *Data ...
read moreAllied Health Combined Liability Insurance
... . For many allied health professionals, holding a Professional Indemnity policy is a registration requirement Public Liability Insurance Regardless of whether you work from your own practice or out and about, when you're ...
read moreHow much does Public Liability Insurance Cost for Restaurants & Cafe?
... be relied upon as advice. Does the level of cover affect the premium? Generally, yes. But the cost of Public Liability insurance does not increase at the same rate as the level of cover. For example, in 2021/22 in NSW ...
read moreManagement Liability Insurance
... *: What's included & what's not? Get the right cover Could this happen to you? What is Management Liability Insurance?* Everyone loves a surprise, except when you are a company director. If you own or are involved in the ...
read moreHow much does Combined Liability Insurance Cost for Allied Health Professionals?
... million of cover are only paying around $36.13 per month. Average monthly cost of Allied Health combined liability insurance by level of cover Coverage level Average monthly premium $1 million $28.05 $1.5 million $26.49 ...
read moreDon’t let your business be an online target – what you need to know about Cyber Liability Insurance
... laptop or a USB in a taxi is an example of how easily a breach can happen. Cyber Liability insurance can provide financial protection by covering: Forensic investigation costs to find the issue Data r ecovery costs Ex ...
read moreTop 5 reasons for having Professional Indemnity and Public Liability insurance
... accidentally injure someone or cause property damage, you face the risk of legal action. Public Liability insurance protects you against claims from customers or other third parties by covering any compensation awarded ...
read more5 tips for getting the best Public Liability insurance for your business
... to make a claim against you. As cliché as it sounds, accidents happen. If you don't have Public Liability insurance you face the risk of being out of pocket for hefty legal and compensation costs that can potentially ...
read moreCyber Liability Insurance: the safety net small businesses need
... damage to your business by covering the expenses and legal costs that are associated with breaches. Cyber Liability insurance won't prevent an attack, but it will help businesses to manage the event effectively and be ...
read more5 Things to Consider When Buying Public Liability Insurance
... saving if the policy does not provide your business the sufficient coverage it needs. 3. Am I required to have Public Liability insurance cover ? Each S tate and T erritory ha s its own set of laws when it comes to legal ...
read moreProduct Liability Insurance
... injury or property damage as a result of a product defect can be expensive, and without the right Product Liability insurance you could find yourself in hot water. If you operate as a sole trader, you will potentially be ...
read moreProfessional Indemnity Insurance And Public Liability Insurance
... and dishonesty Accidental injury and property damage ( these kind of claims would typically be covered by Public Liability insurance ) How Much Cover Should I have ? With BizCover you can choose policies with levels of ...
read moreHow to Reduce Product Liability Risks
... Consumer Law (ACL). And this is where Product Liability insurance can help. Product Liability insurance provides financial protection if a Product Liability litigation case is bought against your business. This ...
read moreBusiness Insurance Guide for the Self-Employed – Part 1
... your busines s, even if it is a home-based operation. Market stall-holders – A minimum level of Public Liability insurance is often required when having a stall at a market. I f you are selling products you have made at ...
read moreA Mumpreneurs Guide to Understanding Business Insurance
... . If you sell products that you make, you may need to consider Product Liability insurance. Product Liability insurance protects your businesses against claims by third parties relating to property damage or personal ...
read moreInsurance for pharmacy and pharmacists
... or tripping over a poorly placed box of medications, resulting in injury. Public Liability Insurance* Do you need Public Liability insurance? The short answer is probably yes. Chances are you'll have regular contact ...
read moreInsurance for Pet Professionals
... cause injury to a member of the public and trigger a claim. That's where Public Liability insurance comes into play. Public Liability insurance * is designed to provide protection for you and your business in the event a ...
read moreA guide to plasterer’s insurance that won't leave you, board
... cover with the right limits in advance. Some industry bodies will require you to have your own Public Liability insurance policy before being able to join Cover your bits Your tools of trade are vital to getting the job ...
read moreInsurance for Lawn Mowing Services
... you accidentally causing damage to the neighbouring property for a claim to happen. Your Public Liability insurance policy provides financial protection by covering the legal and defence costs, court attendance costs and ...
read moreTop seven tips for comparing business insurance quotes
... business owners include: Public Liability insurance Professional Indemnity insurance Cyber Liability insurance Business insurance pack Commercial Property insurance When comparing business insurance quotes, don't assume ...
read moreBizCover SME Insurance Price Index Q1 FY21
... , there were some clear winners and some losers. The Full Report can be viewed here: SME Insurance Price Index Public Liability insurance is an essential cover for SME's and one that most can't afford to operate without ...
read moreWorkers Compensation Insurance
... .aspx TAS http://www.workcover.tas.gov.au/insurance/licensed_insurers/forms_for_licensed_insurers SA Workers Compensation claims are handled by two claims agents- Employers Mutual and Gallagher Bassett, https://www.rtwsa ...
read moreBizCover recognised as a 2022 IB Top Insurance Employer
From offering flexible working conditions to championing cultural and diversity initiatives, BizCover has been named a Top Insurance Employer by Insurance Business ( IB ) for the second year in a row. The business ...
read moreWho is Covered Under an IT Liability Policy?
... arise out of the services performed for a client. Who is covered under an IT Liability Policy? An IT Liability insurance policy typically will cover the following: The entity, including any subsidiaries (held or acquired ...
read moreBusiness Insurance
... main difference is the type of duty of care that each cover seeks to provide protection for. Public Liability insurance* is designed to provide protection for you and your business in the event a customer, supplier or a ...
read moreStatutory Liability*
What’s covered & what’s not Things to consider Back to Business Insurance Statutory Liability* Statutory Liability insurance covers the company, senior management and employees for allegations of wrongful breaches of key ...
read morePublic Liability PPC
... you can protect your business against claims that are made for personal injury or property damage. Public Liability Insurance does just that. It covers the expense of legal and defence costs; court attendance costs; and ...
read moreManaging Risk and Liability as a Sole Trader
... It is available as an additional cover option when you buy a Business Insurance Pack . Cyber liability insurance* Cyber liability insurance * helps protect sole traders from claims and support their profitability in the ...
read more4 essential tips for buying cyber insurance
... 're covered only to discover you are not when you make a claim. 4. Take steps to reduce risk Cyber Liability insurance can help your business get back to work after an attack but avoiding them in the first place is even ...
read moreWhy personal trainers should think about an Allied Health Combined Liability policy
... advice, your business is exposed to the risk of a claim every time your business provides a service. Public Liability (PL) insurance Every day you work closely with your clients and members of the public, making Public ...
read moreProtect your business with Statutory Liability Cover
... – not one that many small businesses' want to or can afford to make. This is where Statutory Liability insurance comes into play – designed to help cover the costs and expenses which can be incurred from an official ...
read more5 ways to protect your business from liability risks
... platform. Looking for Public Liability insurance quotes ? Choose BizCover and compare competitive Public Liability insurance quotes from leading insurers online, purchase your Public Liability insurance online in only 10 ...
read morePublic Liability vs. Professional Indemnity insurance: What’s the difference?
... two different forms of cover and how they can protect your business. What is Public Liability insurance*? Public Liability Insurance is designed to provide protection for you and your business in the event a customer ...
read moreNew Public Liability-1b
... and members of the public on a regular basis, then you may need to consider Public Liability insurance. The chance of Public Liability insurance claim can be hard to predict, but if it were to occur, the costs to your ...
read moreNew Public Liability-1a
... and members of the public on a regular basis, then you may need to consider Public Liability insurance. The chance of Public Liability insurance claim can be hard to predict, but if it were to occur, the costs to your ...
read moreNew Public Liability-1c
... and members of the public on a regular basis, then you may need to consider Public Liability insurance. The chance of Public Liability insurance claim can be hard to predict, but if it were to occur, the costs to your ...
read moreA sole traders and freelancers guide to business insurance
... space like a park to train and exercise with your clients you may need to have a certain level of Public Liability insurance in place. It is always wise to keep a copy of your certificate of currency with you too in case ...
read moreInsurance for Manufacturers
... senior manager, you don't want any unwanted surprises that may leave you personally liable. Management Liability insurance * is designed to provide protection to both the business and its directors or officers for claims ...
read moreInsurance for Carpenters
... to Bourke!Each business is unique and different, so there isn't a one-size fits all Public Liability insurance policy. Things to consider when looking at the amount of coverage include things like: Is there a minimum ...
read moreInsurance for Car Wash and Auto Detailers
... trip over a piece of your equipment to trigger a claim. That's where Public Liability insurance comes into play. Public Liability insurance is designed to protect your business in the event a customer, supplier or a ...
read moreInsurance for Nurses
... to disciplinary action as a result of your nursing activities. Public Liability Insurance* Considering how closely you have with your patients; Public Liability insurance is an easy choice for nurses. It is designed to ...
read moreInsurance for Massage & Alternative Therapies
... (think of that puddle of oil on the floor you forgot to clean up). Having the right Public Liability insurance gives you peace of mind and financial protection for when your business needs it most. Remember, if you ...
read moreInsurance for Consultants
... the client data you may storing and the consequences if your systems were compromised. A cyber liability insurance policy is designed to help protect you from claims and support your profitability in the event of ...
read moreInsurance for Cabinet Makers
... on your business. As a cabinet maker, one of the first insurances you may need to consider is Public Liability insurance. Public Liability insurance is designed to provide protection for you and your cabinet making ...
read moreInsurance for Butcher Shops
... , without the bull. Did you know? If you are a tenant it is usually a requirement to hold Public Liability insurance and Glass cover before signing a lease. Your landlord may also need to be noted as an interested party ...
read moreInsurance for Bakers
... Accidents can easily occur in a bakery which makes Public Liability an important type of insurance to consider. Public Liability insurance is designed to provide protection for you and your bakery business in the ...
read moreInsurance for Allied Health Professionals
... together with your defence costs (which can include legal costs, investigator costs and expert fees). Public Liability Insurance* Whether you work from your own practice, make home visits or attend to your clients in ...
read moreInsurance for Gift Shops
... for a data breach, something your business can do without. This is where Cyber Liability insurance* can help. Cyber Liability insurance is designed to help protect your gift shop business from claims and support your ...
read moreInsurance for Tradesmen
... pile of rubble, you're not going to be able to talk your way out of a Public Liability claim. Public Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a ...
read moreInsurance for Social Workers
... legal costs associated with responding to or managing claims which are covered by the policy. Public Liability* Public Liability insurance * is an easy choice for social workers. Whether you are out visiting clients in ...
read moreInsurance for Psychologists
... or personal information you may be storing and the consequences if it were to be compromised. Cyber Liability insurance helps to protect you from claims and supports your profitability in the event of a cyber breach or ...
read moreInsurance for Project Managers
... you may be storing and the severe consequences if it were compromised. Cyber liability insurance is a type of business insurance product which protects your business against both the legal costs and expenses (including ...
read moreInsurance for Plumbers
... . Did you know? In Victoria a Ministerial Order requires plumbers to hold minimum levels of public liability insurance before they can operate. Further details can be found on the Victorian Building Authority website . ...
read moreBusiness Insurance FAQs
... What is Public Liability Insurance? What does public liability insurance cover? Do I need public liability insurance? How much public liability insurance do I need? How much does public liability insurance cost? How much ...
read moreSole Trader Insurance
... a result of your negligent business activities. Commercial landlords typically require that their tenants have Public Liability insurance. If you rent an office or other workspace, you'll probably be asked to show proof ...
read more7 Common Types of Small Business Insurance
... business as a result from interruption caused by material damage events. 5. Management Liability Insurance Management Liability Insurance protects the company and the people who manage the company, such as the Company ...
read moreReviews related to Employers Liability Insurance Australia
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So quick and easy to purchase liability insurance from a range of insurers. Very happy customer!!
Shirley M McIntosh
Trades & Services -
Great Price on my Liability insurance
James M
Trades & Services -
Easy very fast and efficient, 1st timer on public liability insurance
Les K
Door Or Window Wholesaling -
I have never purchased public liability insurance so I had no idea about anything. I rang Biz cover and spoke to Patrick who was super helpful and explained everything to me in a simple way that was easy to understand, I believe that I have also received
Simona F
Kitchen / Bedroom / Bathroom Furniture Manufacture & Installation -
So quick and easy to purchase liability insurance from a range of insurers. Very happy customer!!
Shirley M
Food wholesaling nec -
very easy to get my public liability insurance done within minutes!! Thanks.
Troy M
Landscape Construction
Public Liability insurance
Public Liability insurance is one of the most common types of business insurances that a variety of different small businesses choose to take out. It is there to provide protection if someone makes a claim against the insured, the business or its employees. Claims from a third-party can be for personal injury or damage caused to their property caused by your business activities.
Here’s the lowdown on Public Liability insurance*
As a small business owner you already have lots to worry about. From paying your employees to getting stock delivered on time to generating new work opportunities – the list is endless! But have you taken the time to think about what an accident involving a third party could mean for your business?
As a small business owner, you have a legal responsibility to take reasonable steps for the safety of your customers, suppliers, community and their property. Public Liability Insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public are injured or sustain property damage as a result of your negligent business activities.
Public Liability Insurance also provides assistance with the legal costs associated with managing claims that are covered by the policy.
What kind of businesses need Public Liability insurance?
In a nutshell, if your business is interacting with any third parties like customers, suppliers and members of the public on a regular basis, then you may need to consider Public Liability insurance. The chance of Public Liability insurance claim can be hard to predict, but if it were to occur, the costs to your business could be extremely costly and potentially enough to send you out of business.
An example of some of the typical types of businesses that may take a Public Liability insurance policy include:
- Trades
- Professionals
- Wholesalers
- Manufacturers
- Travel and tourism
- Office based
What is typically included?**
Compensation for:
- Compensation costs for the personal injury suffered by a third party (e.g. a customer, supplier or member of the public)
- Compensation for damage to property owned by a third party due to your negligent business activities
- The legal and defence costs associated with a covered claim
- Compensation for damage of third-party goods not owned by you which are in your care, custody or control
What is typically not covered?*
- Injuries to your employees
- Damage to your own property
- Costs of rectifying faulty workmanship or product recall
- Professional negligence
- Contractual liability
- Events occurring before or after the policy period
- Aircraft products
- Asbestos
- Liquidated damages
- Gradual pollution
- Punitive damages- where the insured acted so badly that extra damages were awarded
- Liabilities assumed under contract which the insured would not be liable for at common law
Get the right cover
Your Cover Options
With BizCover you can choose from 3 limits of liability (levels of cover): $5million, $10 million or $20 million.
Policies are tailored to the unique needs of individual businesses. One business may require a different amount of cover compared to another.
When deciding on how much cover you should have a think about factors like:
- Do any of your contracts require a minimum level of public liability cover?
- Has your industry body set a minimum level of public liability cover for membership?
- Does your business or trade licence require a minimum amount of public liability cover?
- What kind of accidents could occur due to your business operations and what could be the potential cost of a claim?
Why choose BizCover for your Public Liability insurance?
Built for small business
We know insurance and what makes small businesses tick
Clear and competitive pricing
You can compare and choose from a range of highly competitive prices right there on your screen. Seriously.
Cover to match your needs
You can tailor policies from selected Australian insurers to suit the needs of your business, and we are there to help!
Real people adding real value
Our friendly service team is on hand and on a mission to make you smile!
Frequently Asked Questions on Public Liability Insurance
Small business owners on average in the 2018/19 Financial Year paid around $63.53 per month^ for Public Liability insurance through BizCover. Public Liability Insurance is one of the most common types of insurance for businesses.
When it comes to the pricing of Public Liability insurance, there isn’t a one price fits all. There are a variety of industries and occupations, each with different risk factors that can impact the pricing greatly. Some of these key factors include:
- The type and nature of your business
- Your business turnover and size
- The amount of insurance cover your business needs
Additional factors that determine the cost of your Public Liability insurance policy include:
- The location of your business
- What is included and excluded in your policy
- The insurance provider you choose
The most accurate way to find out the cost for your business is to simply get an instant online quote.
| *We know, sometimes you just want a quick idea of how much your insurance is actually going to cost. However, it’s important to note that the data included within this article was sourced from BizCover’s Australia wide customer data for all “pay by the month” public liability policies purchased through BizCover during 2018/19 Financial Year and is intended as a guide only. It may not reflect pricing for your particular business as individual underwriting criteria will apply. Get a hassle-free quote for your business here. |
Public Liability insurance is designed to provide protection* for you and your business in the event a customer, supplier or a member of the public are injured or sustain property damage as a result of your negligent business activities.
While it is not a legal requirement in Australia for most businesses, there are some situations where it may be mandatory for you to have you an active Public Liability policy before you can operate. For example, it may be a contractual requirement to have before you are allowed “on site”.
No matter how much care you may take, if your business interacts with clients, suppliers or members of the public, there is always the potential for a claim to occur.
You may need to consider Public Liability cover if any of the following apply to your business:
- You have customers, suppliers or members of the public who visit your business premises, e.g. diners who visit your cafe, or clients who visit your office, whether in a commercial building or home-based office
- You manufacture and/or sell any kind of products, e.g. food, beauty products, furniture, clothing or household items
- Working at your client’s site, e.g. a tradesperson carrying out repairs or work in other people’s homes
- If your business hosts or participates in public events, like a stand at a tradeshow attended by members of the general public
One of the first things to consider when calculating which level of Public Liability insurance your business may need is to think about the risks your business faces and any industry or contractual requirements involved.
While it would be nice to be told the exact amount of cover you should have, the decision is ultimately up to you.
If you work with contracts, these commonly stipulate the minimum amount of Public Liability cover your business must hold to comply with the contract. Professional bodies and industry associations may also require members to maintain a minimum amount of Public Liability insurance to become a member or to meet licensing requirements.
Take the time to consider the amount of work that you perform and the appropriate amount of financial protection you would need in the event a Public Liability claim is made against you.
With BizCover there are three levels of cover (limits of liability) available to select: $5 million, $10 million or $20 million.
The appeal of having the freedom to be your own boss is why so many Australians operate as a sole trader, but it is not one that comes without its own risks. Unlike working for a company, the reality is when things go wrong and a claim is made, you could be held responsible and it’s your back pocket that could be left financially destroyed.
An unplanned event could not only put your personal finances in havoc, but you could end up shutting up shop for good. Fortunately, with the right insurance in place, not only will you have a solid financial safeguard in place, but protection for your hard-earned reputation too.
Public Liability insurance is a popular type of insurance amongst sole traders. As a small business owner you have a legal responsibility to take the right steps to create a safe environment for third-parties when they interact with your business.
Public Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public become injured or sustain property damage as a result of your negligent business activities.
The short answer? No. Each type of insurance provides specific cover for very different kinds of business risks.
Business insurance* is an insurance package designed to provide cover for your business contents, stock, tools and commercial premises when an insured event occurs (such as fire, storm, theft or even accidental damage). A Business insurance package can also cover your portable equipment, glass and for loss of revenue due to business interruption in specified circumstances. It also offers the option of selecting public liability cover but that is not automatically included.
Public Liability* insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public are injured or sustain property damage as a result of your negligent business .
If your business manufacturers or sells products you may also need to consider Product Liability insurance. Product Liability insurance* protects your businesses against claims by third parties relating to property damage or personal injury caused by your products. It typically forms part of a Public Liability policy.
Public Liability insurance can be purchased as a stand alone product or as part of a Business insurance package.
One of the first steps you need to take in lodging a claim (or to report a circumstance which may lead to a claim) is to complete a claim form – please click here to download.
To assist with the processing of your claim and to avoid delays, please attach all the supporting documents you have, which may include original invoices, receipts, manuals, pictures, reports and replacement quotes.
Once you have completed the form, email it to: claims@bizcover.com.au and we’ll manage the process directly with the insurer.
Public Liability and Professional Indemnity insurance both offer different types of cover, for different kinds of risks your business may be exposed to.
Public Liability insurance is designed to provide coverage for legal fees and compensation costs if a customer, member of the public, or a supplier claims against you for injury or damage to their property as a result of your alleged negligent business activity*.
This differs from the type of coverage Professional Indemnity insurance* provides. Professional Indemnity insurance focuses on protecting you against losses claimed by a third party due to alleged or actual negligence or errors in your professional services or advice. Professional Indemnity insurance will meet the associated compensation payable to a third party together with your defence costs (which can include legal costs, investigator costs and expert fees).
If your business requires having clients visit your premises, or you going to visit them, providing your advice and services, then Public Liability and Professional Indemnity insurance may be two important forms of coverage your business needs to consider.