Exclusive Insurance Offer for
- Management Liability cover for SME’s
- Instant online cover – no paperwork
- Flexible payment options – monthly or annually
Compare quotes from our trusted insurance partners:
Why BizCover?
Compare and save
It’s completely free to get multiple quotes from leading Aussie insurers.
No paperwork no hassles
No paperwork. Immediate coverage. We know you’re busy.
Trusted
Trusted by over 150,000 Australian businesses.
BizCover is proud to be the official insurance partner of WH & SA
As someone responsible for the employees within your business, you know the importance of creating a safe environment for those in your workplace.
Whilst WH & SA provides you with the necessary training and advice to ensure your business meets its obligations and complies with workplace health and safety (WHS) laws, despite your best efforts accidents and incidents can and still do happen – even to the most diligent businesses.
As a director or manager of a company, you can be held liable for mismanagement that causes a loss to others. In other words, you may be exposed to personal liability which can put your own personal assets on the line.
That’s why Management Liability insurance* is an important form of cover that provides an additional layer of protection to a company and its senior management against the financial exposures that come with operating a business. It’s designed to provide protection against claims arising internally or externally to the company, whether from an employee, customer, competitor, member of the public, regulator or shareholder.
With a host of benefits under the one policy, it’s an efficient way to protect your business, your personal assets, and those of your senior managers.
At BizCover, you can compare Management Liability quotes from some of Australia’s leading insurers and buy online instantly. And as a valued client of WH & SA, we are offering you an exclusive $25 off the cost of a policy– just enter code WHSA in the Partner Code field during checkout.
Key areas of cover
- Directors and Officers Liability insurance* protects your directors and officers for claims alleging wrongful acts such as breach of fiduciary duty, misappropriation of trade secrets, unfair competition and breach of confidentiality.
- Corporate Liability insurance* protects your company against claims of alleged or actual wrongful acts.
- Statutory Liability insurance* provides cover for fines, penalties and legal representation to defend against allegations of legislation breaches, for example, investigations and prosecution by WorkSafe.
- Employment Practices Liability insurance* is designed to cover a company from claims made by employees in relation to their employment conditions or breaches of employment laws. This can include claims arising from unfair dismissal or discrimination.
- Tax Audit *covers accountants’ fees incurred in connection with an audit by the Australian Taxation Office.
- Crime Protection*, also known as Fidelity insurance, is designed to protect your business from loss of money, securities or tangible property resulting from crime. Common Fidelity Insurance claims are a result of employee or third–party dishonesty, embezzlement, forgery, wire transfer fraud, counterfeiting, stock theft and payroll fraud. The loss will need to be discovered and notified to the insurer within the policy period or specified discovery period. Cover for investigation of the crime can also be provided.
What is typically covered*?
- Claims investigation costs where inquiries or official investigations are conducted by a regulatory body
- Legal defence costs incurred in connection with a covered claim
- Damages and claimant costs awarded against you
- Particular statutory fines and penalties payable
- Claims by employees for compensation for wrongful dismissal, bullying, harassment etc
- Fraudulent misappropriation by an employee
What is typically NOT covered*?
- Accidental injury or property damage to third parties
- Breaches of professional duty in relation to the professional services or advice
- Intentional acts
- Fraudulent, dishonest and wilful conduct
- Ordinary wage entitlements or superannuation liabilities
- Claims arising from insolvency, liquidation, bankruptcy, receivership or administration
| *As with any insurance, cover is subject to the terms, conditions and exclusions contained in your policy document. The information contained on this webpage is general only and should not be relied upon as advice. |