Call it an insurance misconception, but many business owners have a fixed idea of what they believe is an appropriate amount to pay for insurance. If they paid $2000 last year, they think $2000 will do for this year. But when every other aspect of your business could have changed, why would the same amount still be valid to protect you into the future?
A recent NSW Supreme Court case has highlighted that directors should not rely solely on the advice of insurance brokers when choosing appropriate insurance cover for their organisations.
Australians are more stressed about losing their job than they are about getting divorced, according to results of a survey conducted by Newspoll on behalf of Suncorp Life. Losing a job ranked third on a list of seven events Australians found most stressful.
When it comes to travel insurance, the devil is in the detail! Here are some expert tips and common traps when looking for a policy that will cover your business trips and honour your claims.
Mark Bouris, the Dynamic Business cover star from August last year, believes the Queensland floods show that Australian business and home owners are not adequately protected with regards to insurance.
National statistics show that most of these sufferers of the ‘It will never happen to me’ and ‘She’ll be right, mate’ syndromes will experience an insurable event in their lives. More than three in four Australians will be diagnosed with a serious illness in their working life.
I recently met with a client who had been ripped off without even knowing it.
None of us would fly on a plane that didn’t have any emergency procedures or oxygen masks in place. Yet when you are the owner of a small business it is easy to put-off installing ‘in-case-of-emergency’ measures.
Registered tax agents and BAS agents will be forced to hold professional indemnity insurance from 1 July 2011 under a draft proposal from The Tax Practitioners Board (TPB) released today.
Virgin Money will offer life insurance in Australia, expanding on its superannuation and credit card offers early next year. Virgin Money will deliver life insurance through a freshly minted alliance with TOWER Australia.
