INSURANCE NEWS

Building Your Home? Beware of This New Risk

Signing a contract for a new home build can be nerve-wracking, and there are solid numbers of Australians on this journey. In numbers: Australians building their homes According to the Australian Bureau of Statistics, there were almost 10,000 approvals to build private-sector dwellings in March, a three percent drop from the previous month. Meanwhile, the Housing Industry […]

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5 Important Facts About Professional Indemnity Cover

There’s much more to professional indemnity insurance (PI) than meets the eye. This type of insurance helps cover the cost of legal action for losses others experience resulting from your services including professional advice. For example, it could cover contract breaches, such as: Not achieving the results of a contract (completing a report on time) […]

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What Can We Learn From Our 1-in-a-1000-Year Floods?

As we’ve seen with the devastating northern NSW and Queensland floods – and costliest ever – earlier this year, a one-in-1,000-year flood doesn’t only occur every millennium. Despite the minuscule 0.1% chance of that type of flood happening in any location any year, it can occur in two consecutive years, says Weatherzone. That’s what the town of Lismore has endured already this […]

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Know your Obligations as a Commercial Property Owner

Whether you’re a hands-on commercial property landlord or delegate the duty to a property manager, it’s always timely to refresh your understanding of responsibilities. This article focuses on non-retail commercial premises, and you can find out more about the distinction here. Building maintenance Your key responsibility is to ensure your property is in a safe, proper […]

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Have you got the right cover to match your business growth?

Businesses are constantly changing and growing, so if your business is enjoying a growth spurt, congratulations. But a changing business climate often means new insurance requirements. Here’s what you need to do about your insurance cover to ensure your business has adequate ongoing protection. This will help reduce your risks of being over or underinsured. […]

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