Tradesman Insurance
There are many types of insurance that are vital for tradesmen. Common covers include public liability insurance and income protection, but there are many more.
Here at Tradesman Insurance we specialist in exactly that, and can help you to find the right cover for your needs at a price that suits your budget.
As a tradesman you will have some insurance requirements that are the same as everyone else, however you will also have unique requirements for your business as well as your personal protection.
For example public liability insurance is fairly standard for most people, but when it comes to income protection there are a range of different options which can have a dramatic effect on the level of cover provided.
We have access to a network of insurance brokers and financial advisers who specialise in tradesman insurance and can help you via phone or email wherever you are located around Australia.
We all know that tradesmen need a variety of different insurances for their business, but what exactly are these policies and what do they achieve?
Public Liability & Tool Insurance
These two types of insurance are very popular with tradesmen, and are often bundled into a single policy.
Public liability insurance is designed to protect you and your business from the financial consequences of personal injury or property damage suffered by others because of your actions. If you are sued for damages, the insurance company will take care of the claim.
Tool insurance simply covers your tools against loss or damage. Although the policy may seem basic, there are some major differences between the different insurers in terms of theft coverage, so you need to check these details before taking out a policy.
Public liability is often mandatory to enter a worksite, but tool insurance is completely optional.
Income Protection Insurance
Income protection is another form of insurance that is mandatory to enter many worksites.
This insurance is designed to replace a large percentage of your income is cannot work for a period of time due to illness or injury.
Proper income protection is often confused with covers such as injury and illness or sickness and accident insurance. Although the covers are very similar, only income protection provides the full level of protection.
Life, TPD & Trauma Insurance
These types of insurance are not as popular as some of the other forms of tradesman insurance, however they are very important, especially for tradies with mortgages or families to support.
TPD insurance is probably the most popular of the three with tradesmen, and it provides them with a lump sum if they suffer a serious injury or illness that leaves them unable to work ever again.
Trauma insurance also pays a lump sum amount, however this pays out when you suffer a critical illness or condition such as cancer, heart attack or stroke. This insurance is important for all tradies, but is especially important for older tradesmen.
Most of us already know what life insurance is. It simply pays out a lump sum if you die or are diagnosed with a terminal illness. Life insurance is vital for any tradesman with a mortgage or family to support.
Tradesman Insurance Pack
A tradesman insurance pack can be as simple as a combined public liability and tool insurance policy, or can be a much more comprehensive package which incorporates all of the covers listed above as well as some additional forms of cover.
Whatever level of protection you require, and whatever you budget is, the network of insurance professionals available via Tradesman Insurance will be able to fully assist with the process from quotes through to application.
Tradesman Insurance Quotes
You could go direct to the insurance companies to obtain quotes on your tradesman insurance needs, however we believe it is much easier to use an expert who knows the insurance industry as well as the trades and construction industry.
Here are Tradesman Insurance we can assist with quotes on a wide range of different insurance policies and packages.
To obtain your quotes simply complete our online quote request along with your preferred method of contact, and we will call or email with your quotes as soon as possible.
