Top 5 Insurance Tips - in 60 seconds
1. If customer or supplies information including credit card or bank account details are stored on your system, if hacked your responsible.
2. Insure for the full value of property as most polices contain big penalties for under-Insurance.
3. Liability policies only provide cover the business activities detailed in your policy. Not included not covered.
4. Workers Compensation is compulsory if you have employees. Large fines apply.
5. Save money by minimising risk to your business before purchasing Insurance.
The information supplied is of factual or general advice only and is provided to assist you to determine if this product is right for you. It does not constitute personal advice as it does not consider your personal objectives, financial situation or needs. You should consider these before acting on this information. Prior to making a financial decision you should read the relevant Policy, Product Disclosure Statement or seek professional advice.
The information in this document is provided by Business Insurance for Woman, a trading name of Lido 34 Financial Services Pty Ltd a Corporate Authorised Representative (CAR No.000325541) of General Insurance Brokers of Australia Pty Ltd ABN 94 135 132 455 AFSL342546. Business Insurance for Woman is part of GIBA, which is part of the Steadfast broker network.
