It’s human nature to crave familiarity and ‘go with what we know’. Unfortunately, in many parts of life this doesn’t always give you the best possible outcome – including insurance. Continue reading Better the devil you know?
After a series of false starts, the senate has finally passed new data breach laws that force Australian businesses to notify the Australian Information Commissioner of any cyber attacks. The Notifiable Data Breaches Bill, which passed the Senate on 22nd February 2017 will be enacted into law on 22nd February 2018 and includes any business or organisation that is accountable under the Privacy Act.
Continue reading What do the new data breach laws mean for your business?
Insurances are an accepted part of doing business, but many small companies in Australia are essentially putting their businesses at risk, simply because they don’t have the right type of insurances.
If you are a small business owner, then you are most probably aware that ‘off-the-shelf’ insurance policies don’t always suit your business’s needs. In fact, most small business insurance policies need to be expertly crafted to suit the individual needs of each business. Continue reading Have you reviewed your small business insurances lately?
Imagine something serious happens at your business. You need to make an insurance claim. You contact your insurer. But the news isn’t good. In fact, it turns out the policy you’ve been paying for – the one you thought was protecting you – actually doesn’t because of an exclusion you hadn’t even realised was in your policy. Your mind races. Your heart sinks. And, suddenly, your blood pressure rises. A lot. Continue reading What would happen if you weren’t fully covered?
Okay, okay. Not many people look forward to renewing their insurance each year. After all, when you’re busy running a business the last thing you probably want is to spend time reviewing policy schedules and Product Disclosure Statements. But as tempting as it can be to get your renewals over and done with simply by sticking with what you already have, be careful. Continue reading TO RENEW? OR REVIEW? Making sure your insurance keeps pace with your changing business needs
So it’s a scary world out there – not just on the streets, but even more so online. We hear about huge corporate hacks every other day, that the Russians hacked the US elections, China hacks everyone all the time and, most recently, that a massive ransomware attack hit hundreds of thousands of people around the globe. So, what does the average person need to do to protect themselves from these events??? Read on. Continue reading Basic Cyber Protection
Working for yourself as a sole trader can have plenty going for it. Work/life flexibility. Lower overheads. Zero internal politics. But when the buck starts and ends with you, it also comes with a unique set of challenges – especially in the event you were to become sick or injured. Continue reading Flying Solo – Insurance for the Self-Employed
Is your building cover actually enough to cover you?
Like most things in life the cost of construction is rising. Building materials, fittings and labour can all be affected. This means each year it becomes more and more expensive to repair or replace the same buildings in the event of major damage, be they part of your home or your business. Continue reading Rising construction costs
Will your business still be around if you’re not?
Tens of thousands of Australians devote their entire lives to operating a successful business, toiling their heart and soul into setting up and running their company. But none of us are here forever. Just as you need to discuss important issues such as organ donation and your estate with loved ones, it’s important – but often overlooked – to have similar discussions about your business needs in the event of your sudden death or disablement. And then take steps to secure the future you’d want, whatever that happens to be. Continue reading Understanding the importance of Personal Insurance in your business plans
Flooding affects thousands of Australian home and business owners every year. But some rebound much faster than others once the danger has passed and waters have receded.
Rising floodwaters and inundated communities provide exactly the type of human drama the media loves. But what receives far less attention, and is often overlooked entirely, is just how difficult it can be for local home owners and businesses to recover long after the cameras have stopped rolling. Continue reading Head above water – Recovering from Flood Damage
