As a tradesperson, insurance protection is essential. Working in the construction industry can be hazardous and it is important to take into consideration the specific risks of your occupation when deciding what insurance cover you need.
Public liability insurance is designed to cover costs related to liability for damage or injury sustained by someone else as a result of your activities. As construction can be dangerous work, and the duties tradespeople perform often have the potential to cause danger to others, public liability insurance is vitally important to help minimise the financial risk to you, if you were to be sued and found liable.
As a tradesperson you probably depend on your tools to make your living. Safeguard your livelihood by making sure they are adequately protected against damage or theft with tool insurance. Tools are often extremely costly to replace, so it is a good idea to make sure you have enough insurance to fully meet replacement costs, so that you could go on working in the event that your tools were stolen.
While we don’t like to think about the possibility of sustaining a serious injury or debilitating illness, it happens to people every day of the week. When a family is unprepared financially for such an event, the financial impact can be almost as devastating. Income protection insurance is designed to provide policyholders with a payment that replaces a large portion of their regular income under these types of circumstances.