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Showing posts from July, 2021

Public liability – Explained

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Public liability refers to a claim made by the public who comes in contact with business activities. Public liability insurance covers legal expenses and compensation for claims brought against your business by customers, clients, or any member of the public. It covers personal injuries, losses, damage, death and other incidents that occur on a business property only. It has to be borne in mind that public liability Penrith does not cover any claims made by employees made in the workplace. How does public liability insurance work? Businesses that frequently have customers visiting their premises tend to be at a higher risk of litigation. This is because there is a possibility that a customer might slip and fall or that their property, for instance, bags, might get harmed as a result of business services. While you may have signs put up for some imminent dangers, such as wet floors, you still might end up getting sued.  Litigation means hefty legal fees, even when you eventually wi...

How To Choose The Right Insurance Broker For Your Business

Every business needs to be insured. It doesn’t matter whether the business is a startup or an established one. If it is a business with some risk (and believe it when we say every business does), it needs an insurance broker backing it up.  Choosing the right broker for your business can be a struggle sometimes though. Considering how many insurance brokers are around today, it can often get a bit tricky choosing that proverbial needle in the haystack. Wondering how to choose the best brokers out of the multitude available? Here are some things to consider before choosing an insurance broker in Blacktown or any other part of the world. Carriers And Coverage They Offer A quick look at the carrier and coverage a broker can offer would give you an insight into how good of an insurance broker they are. Brokers that offer more growth and coverage policies are more likely to have more experience and have better advantages than brokers who do not. You should also look out for brokers who...