The Risky Business of Insurance

... clients, cash flow, staff, stock and future planning. Managing business risk ... and ensuring that a business can ... businesses are uninsured ... and 'nice to have' insurance. Examples of “must have” insurance: Public Liability– protects against legal and ... them. Every business should have PL Professional Indemnity - protects against losses for ...

read more

5 Questions to ask yourself before buying Insurance for your Small Business

Know you need business insurance but aren't sure how to ... business for a while and looking to buy insurance for the first ... ... client information Management Liability insurance covers businesses and their directors personal assets ... have a minimum level of Public Liability or Professional Indemnity insurance however, you may decide ...

read more

Insurance prices remain steady despite market predictions of higher premiums

... , the latest BizCover Small Business Insurance Index is showing little change ... stricter underwriting criteria and higher prices, excess capacity ... highly profitable small business sector.” Public Liability and Professional Indemnity prices have seen no significant ... of competition in the market and insurance profitability remains strong, so I ...

read more

7 Types of Insurance Your Small Business Should Consider

... is Small Business Insurance. But what kind of insurance do you actually ... ... , and your liabilities. Public Liability Insurance Every business should consider Public Liability Insurance - ... out of business! Public Liability Insurance explained. Professional Indemnity Insurance If your business ...

read more

The Remaining Risk: What Isn't Covered and Why it Matters

... most common issues with Business Insurance is that policy owners often ... it does protect you against, and the risks that still remain. ... ... type of your insurance. Read the below carefully: Public Liability – This protects against ... For example, if you purchase Professional Indemnity (PI) insurance you should know that you're ...

read more

Keep calm and stretch on with Yoga Teacher insurance

Breathe in, breathe out, and let a wave of calm ... of arranging your yoga teacher insurance go. As a yogi or ... business. Let us centre your insurance ... up to chance and consider Professional Indemnity insurance to protect you and your business. What ... of insurance cover for their yoga teacher members: $10m Public Liability $5m Professional Indemnity (malpractice ...

read more

Insurance Considerations for Personal Trainers

... your clients achieve their goals and transform their lifestyles, but it's ... consider how to protect yourself and your business from the [… ... capacity. Find Out More About Professional Indemnity Insurance Luckily many insurers have realised ... for $1,000,000 Professional Indemnity and $10,000,000 Public Liability. A combined policy ...

read more

Insurance for architects- the blueprint to success

... the challenge of crafting plans and working on demanding projects where ... ... Architects Act and registration boards. And with that comes varying Professional Indemnity insurance requirements. It's ... go awry and the chance of a claim occurring. Public Liability insurance is an ...

read more

Beauty to go! What Mobile make-up artists need to know about insurance

... a wide range of clientele, and you can build your own ... of. But making people look and feel amazing is just […] ... should consider for their business… Professional Indemnity Insurance You're an expert when it ... damage Fraud and dishonesty Known claims and circumstances Property damage Public Liability Insurance Working closely ...

read more

5 Tips for an Insurance Health Check

If your insurance is due for renewal or ... of your insurance to ensure that if the unthinkable happens and your ... ... insurance available for small businesses and the risk areas that they cover. Professional Indemnity ... upping the level of your Public Liability insurance. Similarly, take into account any ...

read more

Small Business Insurance Index

... price increases in the business insurance market, SMEs are continuing to ... the cost of business insurance, the BizCover SME Insurance Price ... , and both sectors saw no changes to the cost of their Public Liability insurance. ... the increases were minimal. SME Professional Indemnity insurance prices have also remained flat ...

read more

Small Business Insurance: Why you might want to ensure you're covered!

... control of your earning potential and the upside can be great ... of outlays to make initially and deciding what you spend your ... limited resources ... types of insurance is required. For example you'll find Professional Indemnity is comp ... setting up and establishing itself. If you rent your premises, public liability may ...

read more

Insurance Premiums for Retailers Continue to Climb

Insurance Premiums for Retailers Continue to ... Small Business Insurance Price Index has been released (Graph 1), and similar ... an increase ... not universal. Graph 1 – BizCover Insurance Price Index (Financial Year 2017 ... change in the Professional Indemnity sector, but the index for Public Liability and Business Packs ...

read more

Things you didn't know about small business insurance

Getting the insurance sorted for your small business ... , jump online, compare quotes and buy the insurance that suits your business. ... not ... put this in perspective, a public liability policy for an SME working ... to have Professional Indemnity cover. Make sure your policy stays relevant and on ...

read more

Small Business Insurance Index Q2: 5 point increase, largest in 10 quarters

The Quarterly BizCover Small Business Insurance Index has shown that Australian ... enjoyed the end of declining insurance premiums with an increase of ... the non professional sector with Public Liability and Business Packs (predominately covering perils ... saw premium rates increase 10%. Professional Indemnity have just normalised back to ...

read more

5 Common Beauty Insurance Claims

... we take to prevent them - and the simplest of setbacks can ... ... hold a Public Liability policy. I've always enforced strict health and safety procedures ... which were paid under her Professional Indemnity policy. Back in business Have ...

read more

6 Areas You May Not Have Thought Business Insurance Covers

... to protect your business assets and revenue against potential risks that ... , such as fire, storms, theft and accidental damage. When insuring your ... BizCover offers a range of insurance solutions to protect your business. ... other essential covers such as Public Liability and Professional Indemnity insurance to ensure you are not ...

read more

Small Business Index July 2015

... insurance rates but is the tide turning? An oversupply of capacity and ... competition in the insurance market over the last ... down the ... of Professional Indemnity, Combined Professional Indemnity & Public Liability and Public Liability /Business ... and low interest rates, and those with capital chasing returns in insurance.” The Professional Indemnity ...

read more

SMEs continue to benefit from low premiums; despite talk of price rises.

... seems to be hardening for insurance for larger businesses, the latest ... BizCover Small Business Insurance Price Index is showing no ... ... , the latest BizCover Small Business Insurance Price Index is showing no ... which is keeping prices down. Professional Indemnity and Public Liability, including multiple section business packs ...

read more

The Risks of Growing Your Small Business

... it all on the line, and take a giant leap forward. ... ... themselves, but the primary insurances - public liability and professional indemnity - are crucial. Ignore them ... product. This cover is essential. Professional Indemnity ('PI') is different in that it ...

read more

Who is Covered Under an IT Liability Policy?

Information Technology Insurance Professionals in the information technology ... face potential liabilities from clients and third parties everyday. Clients ... policies combine Professional Indemnity (PI), Public Liability and Products Liability ... insurances in addition to professional indemnity. The benefit of having professional indemnity, products liability and public liability ...

read more

How to hire quality tradesmen for your small business with Oneflare

... counts. It can be daunting and time-consuming sorting through the hoards ... ... for. Public Liability Insurance This is the most common and essential form of insurance for ... the damage they have caused. Professional Indemnity Insurance Professional Indemnity insurance is not commonly required for ...

read more

The Art of Being a Creative Small Business

... many diverse paths to channel and sell creative skills, the industry ... from poets to photographers, screenwriters and many more. Any small business ... and tools, for others it may be a requirement to hold Public Liability insurance ... , they may need to consider Professional Indemnity insurance due to the risk of ...

read more

Professional Indemnity Claims: when should I notify my insurer?

Your Professional Indemnity (PI) insurance is no doubt one of ... needed financial assistance for legal and compensation costs in the event ... against Your Professional Indemnity (PI) insurance is no doubt one of ... you, including lawyers and investigators, and without your insurance your could find yourself ...

read more

How the cost of Professional Indemnity insurance is calculated

... the cost of a Professional Indemnity (PI) insurance policy is calculated and why one profession ... of Professional Indemnity insurance. Insurance ... the cost of a Professional Indemnity (PI) insurance policy is calculated and why one profession ... of Professional Indemnity insurance. Insurance policy pricing is generally calculated on risk factors and put ...

read more

Legal Requirement for Public Liability Insurance

Public liability insurance covers your business for losses ... business' activities. Failure in obtaining public liability insurance policy can expose ... and as such is advisable to have public liability insurance. Legal Requirement for Public Liability Insurance Although public liability insurance ... business did not have public liability insurance and are found at fault, ...

read more

Professional Indemnity for Real Estate Agents

... the Real Estate Industry Professional Indemnity Insurance provides essential financial protection ... out of acts, errors and omissions from professional In the Real Estate Industry Professional Indemnity Insurance provides essential financial protection against ... and Business Agents Act 2002 hold a minimum of $1 million Professional Indemnity Insurance ...

read more

Public Liability Insurance

... is hurt - badly - and you're responsible. You hang up. ... ... Janine needed was public liability insurance or insurance that protects you and your business from ... simple process. Purchasing public liability insurance online, where quotes are instant and transparent, is ...

read more

Personal Accident and Illness Insurance for Tradies

... exposed to lots of risks, and if something does go wrong ... ... illness. That's where Personal Accident and Illness Insurance comes in to play. ... fortunately had Personal Accident and Illness insurance and was able to claim $600 ...

read more

Public Liability Insurance in Perth

Public Liability Insurance* for Perth businesses Public Liability insurance is designed to provide protection for you and ... Consultant What does Public Liability insurance cover? Public Liability insurance covers claims ...

read more

Public Liability Insurance in Rockhampton

Public Liability Insurance* for Rockhampton businesses Public Liability insurance is designed to provide protection for you and ... What does Public Liability insurance cover? Public Liability insurance covers claims for ...

read more

Public Liability Insurance in Mandurah

... helpful and happy.” Mishelle O. Retail What does Public Liability insurance cover? Public Liability insurance covers ... $28**per month for a Public Liability insurance policy. Public Liability insurance is one of the ...

read more

Public Liability Insurance in Hobart

Public Liability Insurance* for Hobart businesses Public Liability insurance is designed to provide protection for you and ... deserves. What does Public Liability insurance cover? Public Liability insurance covers claims ...

read more

Public Liability Insurance in Darwin

... appreciation and gratitude.” Kelly K. Homeopath What does Public Liability insurance cover? Public Liability insurance covers ... **per month for a Public Liability insurance policy. Public Liability insurance is one of the ...

read more

Public Liability Insurance in Brisbane

Public Liability Insurance* for Brisbane businesses Public Liability insurance is designed to provide protection for you and ... What does Public Liability insurance cover? Public Liability insurance covers claims ...

read more

Public Liability Insurance in Adelaide

Public Liability Insurance* for Adelaide businesses Public Liability insurance is designed to provide protection for you and ... What does Public Liability insurance cover? Public Liability insurance covers claims ...

read more

Public Liability Insurance in Port Macquarie

... quick and smooth. ” Mark T., Moulding manufacturer What does Public Liability insurance cover? Public Liability insurance ... **per month for a Public Liability insurance policy. Public Liability insurance is one of the ...

read more

What is Public Liability Insurance?

Do I need public liability insurance?Claim Example What is Public Liability Insurance?* Public Liability insurance protects your business ... the assessor and lawyer) of $30,000. Without the public liability insurance, the ...

read more

Public Liability

... your customers, suppliers, community and their property. Public Liability Insurance is designed to provide ... protection for you and your business ...

read more

Common Small Business Insurance Claims and How to Prevent them.

... are out of your control and have a big impact on ... your business and your bottom line. Whilst you've got the insurance to ... ... most common BizCover Business Insurance customer claims, and tips on how to ... forecast, simply turning off computers and equipment at the power point ...

read more

Insurance for Furniture Manufacturers

... This is where business insurance comes into play and should be one ... The process of arranging your insurance can feel overwhelming at times ... cover available in the insurance marketplace. From Public Liability cover to a variety ... your business. Public Liability insurance is intended to provide protection for you and your ...

read more

BizCover SME Insurance Price Index Q1 FY20

... retailers and professionals have seen material price reductions on their Public Liability insurance, ... while prices have remained steady across SME retailers and professionals have seen material price reductions on their Public Liability insurance, while ... increases we have seen for Public Liability insurance in the broader market. To ...

read more

PI Index: Premiums Decline 10 Straight Quarters

Business Insurance Premiums Decline 10 Straight Quarters, ... and healthy competition in the business insurance market. The BizCover Small Business ... groups, Combined Professional Indemnity/Public Liability and Public Liability/Business Packs are not ... an example, the cost of Professional indemnity insurance for some Allied Health professionals ...

read more

Dishing up the facts on food business insurance

... you have the right business insurance. When it comes to insuring ... an overwhelming choice of policies and policy options […] ... food businesses consider? Public Liability Insurance Dishing up food and beverages to the public ... and café owners pay approximately $75 per month for their Public Liability insurance policy. ...

read more

Do I need insurance for my market stall?

... treats to clothing, arts, crafts, and bric-a-brac, Australia has become spoiled ... when it comes to markets. And with the festive season fast . ... wide range of potential risks. Insurance for market stall holders is ... types of cover - Public Liability and Product Liability. Public Liability Public Liability covers you for the ...

read more

5 Surprising Things Business Insurance Can Cover

When looking for Business Insurance, most small business owners typically ... such as their legal liabilities and top of mind assets such ... as their ... to ensure you have your Public Liability cover in case a customer ... , lawyers and other associated costs. Every business has different insurance needs depending ...

read more

The Easter Bunny's Guide to Business Insurance

... kilograms of chocolate are purchased and consumed around the world. In ... ... , it could also represent a public liability risk, for which the Easter ... Insurance pack the Easter Bunny would have cover for machinery breakdown and ...

read more

Small Business Insurance Price Index Q3

Insurers hold on to SME Insurance Premium Price Increases! Despite a ... BizCover Small Business Insurance Price Index has shown insurance rates ... BizCover Small Business Insurance Price Index has shown insurance rates dropping back ... non professional sector, primarily around Public Liability and Business Packs (predominately covering perils ...

read more

Cyber Liability Insurance: the safety net small businesses need

... the globe, particularly in Australia and especially to small businesses. The ... , no small business is immune and […] ... hijacking are still widely used and becoming increasingly sophisticated. The consequences ... few basic preventative measures and robust Cyber Liability insurance, small business' are ...

read more

Comparethemarket.com.au and BizCover Announce White Label Partnership

... Australia's leading FinTech providers, BizCover and comparethemarket.com.au have joined forces, ... online provider of small business insurance, having ... Australian small businesses compare and buy their insurance online. Their White Label ... be in charge of their insurance and this partnership makes this increasingly ...

read more

7 Steps for Your Business to Survive and Thrive

... your ticket to a freer and more relaxed lifestyle, right? By ... ... effectiveness of your marketing activity and explore no/low cost strategies to ... increase could recoup inflated expenses and noticeably boost your annual income. ...

read more

What is Product Liability Insurance?

... Product Liability insurance usually forms part of a Public Liability policy and the word ... fees, experts fees and court costs). Product Liability insurance is there to ...

read more

Small Business Continues to Win on Insurance Prices!

... ; however the BizCover Small Business Insurance Price Index for the first ... ... ; however the BizCover Small Business Insurance Price Index for the first ... across all insurance classes were stable across the quarter, and this was ...

read more

Getting the Best Value on Your Business Insurance

... is now in full swing, and if you're like some of ... with your money in 2016 and perhaps even save more! Whilst ... ... at your business as risky and price your policy premium accordingly ... making a claim having enough insurance could mean the difference between ...

read more

How to survive the silly season: a guide for small businesses

... their last-minute gifts and service providers, like hairdressers and beauty therapists, booked ... the many cafes and restaurants hosting ... you have an active Public Liability insurance in place. Public Liability insurance is designed to protect ... required to the owner and if your Public Liability policy includes this. Batten ...

read more

5 Reasons to love Personal Accident Cover

Personal Accident and Illness Insurance (IPA Cover)offers financial protection ... Personal Accident and Illness Insurance (IPA Cover)offers financial protection ... Health Checks Unlike some other insurance policies, a personal accident policy ...

read more

Mum's the Word: Wise Words of Advice From Business Savvy Mums

... by their mums for life and business. Linda Reed-Enever, Co-Founder of ... 't say anything at all and that is the founding motto ... and guideline ... , Owner of Waster.com.au Providing waste and recycling services to small businesses ... you have the right business insurances to protect it. We can ...

read more

8 Lessons for Small Businesses from your Footy Finals Teams

... , cars are adorned with streamers and there's an air of excitement ... and anticipation as to just who ... silver wear. It's finals fever, and ... periods are pivotal for managing and measuring the success of your ... want to instil a positive and productive attitude. Regardless if you ...

read more

BizCover Customers' Top Tips To Grow A Business

... take the plunge and start a business? Also, and perhaps most importantly ... secret to sustaining that motivation and passion in order to ... take the plunge and start a business? Also, and perhaps most importantly ... business's continued success in 2019 and says their confidence is bolstered ...

read more

Help Protect your small business' reputation

... a small business, your brand and its reputation are priceless. No ... strong relationships with your customers and clients, and it can take ... are a few to consider: Professional Indemnity Insurance If your business provides a ... are all human and mistakes do happen. Fortunately, Professional Indemnity insurance is designed to ...

read more

Preparing your store for the holiday season ahead

... mean an increase in safety and security risks. Here are a ... protect your customers, your business, and your assets. Take safety […] ... payment for compensation and legal expenses. Ensure your Public Liability insurance policy has adequate ... cover to protect you and your ...

read more

A roadmap to staying in business for the long haul: Part 2

... is one of twists, turns and the occasional speed bump. In ... the long run. Strap in and come along for the ride ... ... ways business insurance can help keep your business alive: Public Liability is an ... the same way over and over again, and if it's not broken ...

read more

5 Ways To Prepare Your Business Premises For The Cooler Seasons

... to those sunny summer days and hello to fresh, frosty mornings ... is prepared for the wetter and cooler weather ahead. Following these ... ... is prepared for the wetter and cooler weather ahead. Following these ... walking in these areas. Having Public Liability insurance is one of the vital ...

read more

Managing Risk for Tradesmen

... commercial building sites, undertake maintenance and repair […] ... having the right business insurance. Protect your livelihood Public Liability insurance is undoubtedly one ... property Use the appropriate tools and equipment, and wear the right protective ...

read more

Tips for making a Stress-Free Claim

Making an insurance claim can be stressful - but ... get your business back up and running as quickly as possible. ... make potential claims a stress ... make potential claims a stress-free and time-saving process. Be Prepared There ... out more about Business Interruption insurance here. When Disaster Strikes Call ...

read more

Comparing Portable Equipment & Electronic Equipment Cover

Business insurance isn't always straightforward, and sometimes you need to get ... nitty-gritty to understand what insurance is being offered ... nitty-gritty to understand what insurance is being offered and which one is ... case with Business Insurance options like Portable Equipment and Electronic Equipment cover ...

read more

A Close Shave with Underinsurance

... growing and changing it's important to make sure that your Insurance ... grows with your business and you're not left ... businesses in Australia ... sure that your Insurance grows with your business and you're not left ... and like any good business owner, covered her business with Business Insurance. ...

read more

Toolbox of Tips for Tradies National Health Month

... raise awareness around the health and safety of tradies. According to ... one-third of the Australian workforce and represent over half of the . ... , that's where Personal Accident and Illness (PA) insurance comes into play. Personal ... any insurance, cover will be subject to the terms, conditions and exclusions ...

read more

Don't be a pork chop - insure your butcher shop

... to building up your name and opening your own store. Many ... hours and dollars have gone into making ... your dream a reality, and all it ... may be exposed to and how business insurance can help prevent an ... is available under a Business Insurance pack and provides cover for the ...

read more

Customer Spotlight: Being Brands

... their clients, from logo designs and websites to fully realised creative ... ... of growth, and their high-level clients, that makes their insurance a must. ... care of all our insurance, saving us time and making the process ...

read more

Customer Spotlight: Cheaper Buy The Dozen

... jump to the wine industry and started the online wine delivery ... its first four years, Mansel and his team have grown the ... ... their focus on customer service, and insistence on high-quality products. “We ... the importance of a comprehensive and robust insurance plan for his business. ...

read more

Preparing your small business for a Tax Audit

... , audits are generally time consuming and quite stressful. Here are 4 ... ... you, but keeping your personal and business finances separate, including bank ... as part of your business insurance or as a standalone policy. ...

read more

Marketing Basics for Cabinet Manufacturers

Seek Feedback and Testimonials from Customers In order ... ... service, make high-quality cabinets and woodworking projects, and do so at affordable ... , scalable, and easy for anyone to implement. Cabinet making insurance options should ...

read more

Digital Marketing Tips for Cabinet Makers

... best cabinetmaker needs new business and customers. While several professional woodworkers ... ... (with your contact information and website) and prepare a 30-second elevator pitch ... making business should also consider insurance options.

read more

What is a Cabinet Maker?

... woodworkers that specialize in designing and making built-in or customized cabinets. ... They also design and manufacture fine wood furniture that ... of interior designers, advanced machinery and prefabricated household treatments. Today's cabinet ... well lit, and ventilated for health and safety concerns. Insurance for cabinet makers ...

read more

Aussie Entrepreneurs Share the Top 3 Lessons They've Learned

Today, and every day, we're celebrating Australia's ... stuck it to the man and gone out on their own ... to start their own business and carve ... entrepreneurs in the BizCover community and beyond and ask them what some ... status quo and creating the first online only small business insurance platform. ...

read more

10 small businesses share what they love about their small business

... from a variety of industries and asked them what they love ... the challenges to the flexibility, and everything in between, read on ... ... be constantly learning and growing both personally and professionally and I am constantly ... , and if you're looking to fall in love with a business insurance ...

read more

Reviews related to pi and pl insurance

  • product knowledge and advice are excellent

    Frank F
    Other

  • Easy to read understand and follow

    Tui d
    Other

  • Easy As!! Thank you

    Casey W
    Entertainment

  • EASY CONVENIENT!

    HONGWEI Z
    Travel

  • Excellent Customer Service

    Trevor C
    Other

Get instant quotes

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.

 

Public Liability explained further…

Product Liability explained further…



Independent feedback from our customers rated our service at excellent.

What is typically included?**

Compensation for:

  • personal injury suffered by a third party (e.g. a customer, supplier or member of the public)
  • damage to property owned by a third party due to your negligent business activities
  • legal and defence costs associated with a covered claim
**Many public liability policies also provide cover for product liability.

 

What is typically not covered?* 

  • Injuries to your employees
  • Damage to your own property
  • Costs of rectifying faulty workmanship
  • Professional negligence
  • Contractual liability
  • Events occurring before or after the policy period

 

*As with any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy wording. The information contained on this web page is general only and should not be relied upon as advice.

Download Public Liability Fact Sheet

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: