Insurance Q&A

uProfile
Jane Jones added an answer to this question
Jane Jones

Jane Jones, Manager at SavvySME

Thanks everyone. @Kate Fairley - can I get your opinion on this one?

https://www.savvysme.com.au/article/1190-importance-of-having-public-liability-insurance

Melanie Gray added an answer to this question
Top voted answer
Melanie Gray

Melanie Gray, Managing Owner at

Top 10%

Find an insurance broker. They will be able to help you find the best deal. Ask for references from people in the same industry as you. Brokers tend to specialise in certain industries.

Steven Freeman added an answer to this question
Steven Freeman

Steven Freeman at

Top 10%
I see the value in a broker more than just the best price. If they can deeply understand / compare different policy specifics beyond what you could do (or are prepared to) then the broker idea is a fantastic one.
Unfortunately many brokers are skewed to preferred networks and better commission, so it ...  Continue Reading
Cathal Uniacke added an answer to this question
Cathal Uniacke

Cathal Uniacke, Principal OHS Consultant at

The answer to this question based on the WorkCover claims statistics across all industries as per a number of Victoria's largest Insurers is  - the Aged Care Industry.

Does this come as a surprise?

Lisa Ormenyessy

, Business Coach and Marketing Specialist at

Cathal, hmm initially yes, however not when I think about it, my guess is that they are constantly lifting people in awkward situations. Also with all the death around them I'd say stress as a claim would be high.

Mark Mellish

, Senior Account Manager - Commercial and Niche at Richard Mellish Insurance Services

What is the workcover premium rate in Victoria for Aged Care as opposed to say, shearing contractors? Are you relating this to claims frequency or severity?