If you are a tradesman and are looking for suitable tradesman insurance for your business than we are able to provide you with expert advice and assistance with a range of covers specifically designed for Trades.
Providing cover for your business activities Australia wide including public liability (third party personal injury or property damage)
Products liability for any items you make, alter or sell etc. This may include altering a hinge/bracket to fit etc.
Are you totally sure that your apprentices and employees are following your procedures for delivery, installation, commissioning and testing of your products fitted?
Construction All Risks Insurance
Depending on your trade, you may be picked up under the principal contractors Construction policy or need to arrange your own cover. This will also provide you with extended cover in regards to maintenance periods etc in delivering your services (other than relying on your Liability policy to possibly cover the loss)
Employment Practices Liability Insurance
If you have any employees than this cover is an essential consideration. Unfair dismissal, sexual harassment or old fashioned initiations will all open you up to litigation.
Tools of Trade
A high risk to most tradespeople is the protection of their tools of trade whilst out and about and on job sites.
Due to the high premium rate and excesses on this type of exposure, we look for additional ways to cover the critical tools of trade (specialised equipment) to ensure that you can replace or repair it quickly and continue earning income.
Ensuring that your tools that provide you with your cash-flow and billable jobs are covered correctly is a key risk management strategy using Tradesman Insurance.
Goods in Transit
Goods in transit cover is often overlooked and as a tradesperson you may have a new kitchen in your van etc on your way to a delivery when the worst case happens.
There is a financial loss as well as a delay to your client and reworking of the job.
Different tradespeople have different exposures and should be addressed separately by our Brokers to ensure the correct Tradesman Insurance package.
Tradesman Motor Vehicle Insurance
Using your Ute or Van for business needs careful consideration when insuring to ensure that you have declared the business use, check the limits applicable for sign-writing, toolboxes and accessories as well as what rules apply when other employees or apprentices drive the vehicle.
At the very least ensure that you have Third Party Property Damage (TPPD) cover to protect you against gaps in cover from your Legal Liability and CTP in your registration.
Personal Accident & Illness Insurance
As an independent contractor you are responsible for insuring your own loss of income. Depending on your business structure this may be arranged in a number of different ways including your own Personal Accident & Illness Insurance.
Cover is agreed upon to provide you with a set weekly income for a time period (1 year, 2 years etc) to allow you to continue meeting your financial obligations.
As this is a comprehensive area this may also be passed onto a Financial Planner to provide a better quality non-cancellable policy with longer claim payment periods.
If you are severely injured on site yesterday, would you be calm and relaxed in hospital today knowing your family has continuing income?
Nothing can replace professional expertise advice from an experienced Specialist Insurance Broker.
To arrange a consultation with our Tradesman Insurance specialists either contact us today direct on 07 5313 7871 or complete the short form below.