General Liability Insurance
Often referred to Public & Products Liability or Combined Liability, it's the insurance that protects you as the insured against claims for compensation resulting from Personal Injury or Property Damage for which you are found legally liable. Every registered business entity should have General Liability cover.Many business owners don't believe they need Product Liability cover. Let's have a quick look at a sample definition of 'Product'; 'Anything after it has ceased to be in your possession manufactured, constructed, erected, installed, repaired, serviced, treated, sold, supplied or distributed...'As can be seen, this is very broad with cover subsequently limited by exclusions. If your uncertain about your cover, contact us and let's review your requirements.
Management Liability Insurance
- Directors & Officers Liability
- Employment Practices Liability
- Company Expenses and
- Statutory Liability
Professional Indemnity Insurance
- Breach of Duty
- Loss of or Damage to Documents
- Breaches of the Competition and Consumer Act and The Fair Trading Act
- Claims Investigation Costs
- Court Attendance Costs
Directors & Officers Insurance
Workers Compensation Insurance
Firstly it is important to know that Workers Compensation is different for each State of Australia. There are similarities but they are not the same. There are a number of States where Inspired Insurance Services can assist. For larger clients we manage National policies.
Workers Compensation can be the largest insurance premium component for a business. This is one reason why a lot of attention should be given to all aspects of your cover.
Priority needs to be given to preventing workplace incidents from occurring. When they do happen, the immediate priority is to assist the injured worker return to work and manage the claim appropriately.
The outcome of a claim will generally have a direct impact on future insurance premiums. A poorly managed claim by either an insurer or you as the employer will severely impact your business in future years.
There are many legal requirements from a human resource and also from a safety aspect. Your obligation is to comply with these requirements and not simply be unaware. Inspired Insurance Services is appropriately qualified to assist with Workers Compensation policy arrangement and claim management. Don't delay. Contact us and have your policy reviewed. We'll also review your claims position and assist with getting them back on track.