Who Needs Business Pack Insurance?
Business insurance is important for all SMEs across Australia. There are some types of insurance that are mandatory for all Australian businesses to have in place under certain situations. PSC Direct brokers know these necessities and can ensure you are meeting all Australian business insurance requirements. For example, in the case that you have employees, you must take out workers compensation insurance to protect your employees in the event of an accident or sickness. In addition, in the case that you have a business motor vehicle, you must pay for minimum third party personal injury insurance (please note that depending on your state, this may be included in your vehicle registration fee). Certain types of companies are also required to take out public liability insurance.
Even if it’s not compulsory for your business, you should consider insuring your assets, revenue, and liabilities to protect your company against potential risks. Our brokers can talk you through all these complex policies and neatly package them for your business.