If you take a second to reflect and think about how important your tools of trade are to help you get the job done. The field of contracting branches off into many different areas, from tradies to architects, management consultants, photographers and many more.

In part three of our guide to understanding insurance, we take a look at Business Insurance, the different kinds of cover available and how it can help protect your business.

Professional Indemnity insurance* is an important form of protection for businesses that provide specialist services or professional advice. It is designed to respond to claims against your business for losses as a result of actual or alleged negligent acts or omissions in the provision of your professional service or advice. PI Insurance could also assist with the legal costs associated with responding to or managing claims which are covered by the policy.

We’ll give you a hint, it’s not fish and chips! A Business Insurance* pack offers a variety of different insurance options for the unique needs of small business owners out there. To help you get a better understanding of the types of business insurance options that may be offered, we take you for a tour of the ins and outs of a Business Insurance pack.

Professional Indemnity insurance* is something that you may have heard of as an engineer. We’re going to break down the basics, without the jargon and explain the ins and outs of what this kind of insurance provides cover for, what it doesn’t cover and some interesting things you may not be aware of with this kind of policy.

Engineers are responsible for designing and implementing complex systems, infrastructure and machinery that can significantly impact public safety across New Zealand.

In Part 4 of our Understanding Insurance series we explore how Cyber Liability insurance can protect your business from online threats and attacks.

Your employees are essential to the running of your business, so it makes sense to have all the right measures and insurances in place to help keep them safe and protected. While there are many different types of insurances available to cover aspects of your business, Employers Liability insurance* is one which you may need to consider when you have a team of staff working for you.