Traditionally, professional indemnity was thought to really only apply to professionals giving advice such as medical professionals, lawyers and financial advisers. These days, we understand this protection can be relevant to any professional that provides advice or a service to their customers.
There can be a lot of confusing terms, jargon and language when it comes to the fine print of insurance. And none more than claims made and occurrence based claims!
And if you don't have a good understanding of the difference between the two, it could have a crucial impact on your insurance solution.
Following on our social media post a couple weeks ago, there has been further intensity and media headlines around the insurance 'crisis' for the building and construction industry.
Tis the season to be prepared for house fire risks. As we briefly mentioned in our autumn insurance reviews blog, there are over 1,000 house fires each year (mostly in winter), so it really pays to spend the time to review your risk management and insurance.
Over just a few years (ok, more than 30!) our business has accrued some helpful hints about insurance that might save you some money, time or heartache. Check out some of the tips we've pulled together below, and remember if you have questions you can always give us a call on (03) 5278 6808 - we love to help!