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7 things accountants need to consider when applying for Professional Indemnity insurance
Buying any insurance, can be a confusing and time consuming process. And when it comes to getting your Professional Indemnity Insurance, it can be even more so. Here are 7 tips for Accountants to consider when it comes time to get their PI sorted.
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Business Insurance Guide for the Self-Employed – Part 2
Navigating the world of business insurance can be confusing which is why we’ve made it our mission to make it a bit easier. We’ve created a guide to business insurance for the self-employed that profiles the main types of cover to consider and how it can protect you for the long run.
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Professional Indemnity claims: when should I notify my insurer?
Your Professional Indemnity (PI) insurance is no doubt one of the most vital covers you have for your business. If things don’t quite go to plan it can provide much needed financial assistance for legal and compensation costs in the event of action taken against your business.
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What are the potential risks if I cancel my Professional Indemnity cover?
Professional Indemnity insurance* is designed for professionals who provide a specialist service or advice.
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Accountant saved from paying $200K with Professional Indemnity Insurance: A Case Study
An Accounting firm in Western Sydney with 5 staff, has been covered for a $221 000 payment after the Tax Office fined a client.
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The beauty of ensuring your business insurance is Australian Made
For small business owners in the professional beauty industry, ensuring one’s products are Australian made is a sure-fire way of connecting with your client base.
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Small Business Index July 2015
An oversupply of capacity and competition in the insurance market over the last few years has helped drive down the price of professional/business insurance for Australian SMEs. Since the start of FY 2012/13 SMEs have benefited by a drop in rates of 24 basis points.
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How mortgage brokers can avoid the underinsurance trap
Inflation remains a pressing concern for Australia’s mortgage brokers, as the Reserve Bank has not ruled out further increases after leaving the cash rate on hold in February.
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The 5 biggest mistakes tradies make with their insurance
Tradies are extremely knowledgeable when it comes to the services they provide. Whether you’re an electrician, plumber, painter, carpenter or specialise in other skilled labour, your customers know who to call when they need their job done right. You’re the expert after all!
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The risky business of insurance
What are the real costs to Australian small business?
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