If you’re a sole trader or small business owner, protecting your business and your customers with Public Liability insurance is one of the most important aspects. It offers protection should a customer, supplier, or even member of the public, sue your business for damage to their property. And whilst you probably take every care not to damage their property, it doesn’t mean you won’t be found negligent should an unwanted accident occur, or someone attempts to make a claim against you. As cliché as it sounds, accidents happen. If you don’t have Public Liability insurance you face the risk of being out of pocket for hefty legal and compensation costs that can potentially cripple your business.

Public Liability insurance covers legal fees and compensation costs if a customer, member of the public, or a supplier claims against you for injury or damage to their property as a result of your alleged negligent business activity. Having Public Liability insurance gives you peace of mind against potentially stressful, time-consuming and costly legal claims.

It’s important to understand the difference between Professional Indemnity and Public Liability insurance as the two types of cover can often cause confusion. Whilst both covers protect your business against legal action they offer different forms of protection.

There’s a great deal of responsibility that goes into being an accountant, getting the numbers right and helping your client’s balance their books. Not only do you have the responsibility to deliver the goods, but you also have a professional responsibility when it comes to ensuring you have the appropriate types of insurances in place, like Public Liability insurance*.

Chances are you’ve probably heard of both Public Liability insurance* and Professional Indemnity insurance*, and while both provide a form of cover for your business, they are very different in what they protect your businesses from.

Public Liability insurance* is something you’re probably familiar with as a tradie and it was more than likely one of the first types of insurances you may have taken out. The last thing you want to be faced with is a Public Liability claim, so we’ve created a guide on how to manage your risks as a tradie.

Management consultancy is an exciting and growing industry, where your expertise are required to assist businesses with their management needs. As a small business owner you also have a lot of your own demands that you need to manage and take care of. One of these is Professional Indemnity insurance*, there to help to protect your management consultancy business.

Being your own boss and managing your own contracting business takes a lot of time, planning and responsibility. There are plenty of aspects of your business to think about, from accounting to marketing, staffing, keeping your customers happy and protecting your contracting business.

Management consultancy is an exciting and growing industry, where your expertise are required to assist businesses with their management needs. As a small business owner you also have a lot of your own demands that you need to manage and take care of. One of these is Professional Indemnity insurance*, there to help to protect your management consultancy business.

Your clients rely on you for your marketing expertise and advice to help increase their leads and increase their profits. But when things don’t go to plan and accusations fly, you need to have protection in place to look after your business’s finances and reputation. This is where investing in the right business insurances can save your business when unexpected incidents occur.