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There are many things you should know about professional indemnity insurance Sydney, but don't worry – we have summarised these in a straightforward and accessible manner in this article.    Professional indemnity (PI) is a compulsory part of running your business and is meant to protect you from future claims made against your work or services. However, if you don't have it and a claim arises, it can cost you a lot of money, take some time to sort out and even limit the case against you.   You've all experienced confusion when buying insurance, especially when it comes to professional indemnity insurance. Most small businesses feel lost regarding this type of insurance and are unsure whether they need professional indemnity insurance in the first place!    Below we are going to discuss ten important things about professional indemnity insurance, so keep reading!     Is It Just For Doctors?   Professional indemnity insurance is often thought of ...

Construction is a risky and challenging business. Everyone who works on a project or owns the property has a financial stake in the project's success. Various types of construction insurance in Sydney are available to cover construction businesses, property owners, and other stakeholders from losses caused during a building project or in the usual course of business to limit the risk of loss. While some types of insurance are popular in other industries, many policies are designed to offset construction-specific hazards.   What Is Construction Insurance?   Construction insurance is a type of insurance policy that protects contractors, property owners, and construction projects. Policies of various forms are used to safeguard enterprises and owners from certain risks or losses.     Types Of Construction Insurance In Sydney   On the one hand, advances in technology and machines reduce some of the risks associated with running a business, but on the other hand, th...