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What’s the secret to stress-free insurance claims?
What’s the secret to stress-free insurance claims? Insurance claims are often accompanied by considerable amounts of stress. Not so much due to claim itself, but rather the events that have preceded the need to actually make it. Whether it’s the result of an accident,...
Why a disaster needn’t be a financial catastrophe – Understanding business interruption insurance
Why a disaster needn’t be a financial catastrophe - Understanding business interruption insurance. What would you rather after a disaster hits? Close down temporarily with the peace of mind that everything will be back to normal as soon as the business has been fixed...
Australia’s Biggest Insurance Claims and What You Can Do After A Disaster
Australia’s Biggest Insurance Claims and What You Can Do After A Disaster Everyday people use insurance as a safety net for their personal domestic possessions, something to fall back on when the impossible occurs. Today, insurance is used as a protection of your...
Keeping Covered on Land and Sea: Do You Have the Right Marine Insurance Policy Coverage?
Keeping Covered on Land and Sea: Do You Have the Right Marine Insurance Policy Coverage? In the prestigious Royal Motor Yacht Club marina in Rose Bay NSW, the yacht of Anthony Bell, probably the world’s only celebrity accountant, sunk in the early morning hours. In...
Asbestos – Commonplace yet Deadly Hazardous. When to be Wary of Asbestos
Asbestos – Commonplace yet Deadly Hazardous. When to be Wary of Asbestos Be Wary of Asbestos After Natural Disasters Did you know that the negative effects of asbestos can be a serious danger after natural disasters like floods and storms? Asbestos is a group of...
Marine Professional Negligence Insurance – Key Points
Marine Professional Negligence Insurance – Key Points By Ray Park – Marine Insure Marine Professional Negligence Insurance is a specialty line targeted at occupations within the Marine Industry such as Naval Architects, Marine Surveyors and Consultants, Marine...
Commercial Marine Hull and Protection & Indemnity (P&I) Insurance – What does it all mean?
Commercial Marine Hull and Protection & Indemnity (P&I) Insurance – What does it all mean? By Ray Park – Marine Insure Commercial Hull Insurance, together with Protection & Indemnity (P&I) is essential for any commercial vessel owner for the protection...
Marine Cargo Insurance – What are the options?
Marine Cargo Insurance – What are the options? By Ray Park – Marine Insure Marine Cargo Insurance has its roots in very early trade times, where traders would spread their commodities over several vessels to ‘spread the risk’. Then came the Lloyds Coffee Houses in...
Marine Industry Liability – What to look out for
Marine Industry Liability - What to look out for By Ray Park – Marine Insure Marine Liabilities in many ways, are no different from other Liabilities. Put simply, when a company or business is involved in the Boat & Marine Industry, whether it be Boat Building,...
Travel insurance: Common mistakes and pitfalls to look out for
Travel insurance: Common mistakes and pitfalls to look out for Ensuring that you have adequate insurance when travelling is paramount, with every policy being different in the coverage provided and exclusions they include. Following is an article from Traveller, with...
Spring clean your insurance policies
Tip of the month Spring clean your insurance policies Is it time you did a spring clean of your insurance policies? After a long winter, now might be the time to do a review of your insurance cover to make sure you are properly insured to enjoy all the pleasures the...
Are you Environmentally Friendly?
Are you Environmentally Friendly? Environmental Insurance, formerly known as Environmental Impairment Liability, covers businesses against a range of environmental liabilities and exposures. Designed to respond to all types of pollution, whether it be sudden,...
Protect Yourself Against Cyber Bullies
Protect Yourself Against Cyber Bullies Our previous newsletter talked about the growing need for businesses to implement safeguards to mitigate cyber-attacks in the work place. We want to follow on from that and discuss further how business’ can help protect...
Prepare, Act and Survive
Prepare, Act and Survive You do not need to live in the bush to be affected by bushfires. Burning material, embers and smoke can still cause damage to your home and business if you are in close enough reach of a bushfire. The most loss of life and property damage...
Protect yourself against terrorist acts
Protect yourself against terrorist acts Commercial markets have matured and become much more innovative in their underwriting approach to terrorism. The Terrorism Insurance Act 2003 (TI Act) was enacted by the Commonwealth Government following the withdrawal of...
Underinsurance reaches $1.8 trillion
Underinsurance reaches $1.8 trillion According to a new report from Rice Warner, the amount of life underinsurance in Australia is estimated at $1.8 trillion. The average cover accounts for just 60% of basic life needs for life policies, dropping to 13% for total and...
Live long and prosper
Live long and prosper A study by HR and recruitment specialists Randstad, has found almost one in five (18%) Aussie workers expect to retire in their 70s and believe their children will live to over 100. Randstad’s Employment Market Analyst, Steve Shepherd, believes...
Tip of the month
Tip of the month Insure yourself at home As working practices have changed and more and more people work at home, it is vital to ensure that you have all of your insurances in order. Ask yourself what tools you use for work. It could be a computer or hard drive. Where...
Super offers property investment opportunity
Super offers property investment opportunity Superannuation doesn’t have an exciting reputation, but a self-managed superannuation fund (SMSF) may provide an alternative pathway to property investment that appeals to savvy investors. With substantial sums of money...
Safety in cyber insurance
Safety in cyber insurance In an era in which technology is pervasive and security can be easily compromised, it is important for businesses to put security measures and safeguards in place to mitigate any breaches that may occur. There is a growing threat of cyber...
Did you know?
Did you know? One in six drivers have confessed that they would not leave their details if they hit your car in your absence. This is a significant figure when you consider that there are 13,000,021 cars on Australian roads, To find out how you can protect yourself...