Plant, Equipment and Contents: The forgotten assets when it comes to Insurance Say your property has a fire and suffers a significant loss. You know the building is adequately insured for $15,000,000, but what about the estimated $10,000,000 of plant, equipment, and contents within the building? ...
NSW Fair Trading has issued important information about safety in the home The advice from NSW Fair Trading reminds occupants or lot owners to report any "tingle" or "shock" when touching anything electrical, to a strata manager, strata committee or landlord immediately. They then shift the...
End of Financial Year insurance checkup for your business The end of the financial year is more than just a time for stocktake sales, it's the perfect opportunity to take stock of your insurance and risk-management program. The Australian Government's Business.gov.au website highlights reviewing your insurance as...
What is efficacy all about? Here Glenn Eason - National Liability Manager at Solution Underwriting discusses product efficacy in relation to general liability. What is efficacy all about? I’m regularly asked about product efficacy…. What is it? Why is it being excluded? Efficacy or inefficacy are not commonly used...
The Importance of Product Liability Insurance Here we take a look at the importance of product liability insurance, and how to make sure you've got appropriate cover. What is product liability insurance Product liability insurance is designed to protect your business if you’re sued depending how a product...
Frequently Asked Questions [vc_accordion active_tab="false" collapsible="yes" style="accordion" title="FAQ"][vc_accordion_tab title="How would an insurer know I am a small business so I am not charged duty on my policy?"][vc_column_text]An insurer will require the insured to provide a small business declaration. This is a declaration by the insured, in...
NSW Stamp Duty Exemptions In the 2017/2018 State Budget, the NSW Government announced that from 1st of January 2018 there would be an exemption for Stamp Duty on certain insurance products for small business. From 1 January 2018 small businesses are not liable to duty on certain...