Trades & Services Insurance
As a busy tradesperson you have plenty to think about, without having to worry about insurance. That's why we've partnered with one of Australia's leading general insurance providers, Allianz, to bring you the Trades and Services Pack – an insurance package specifically designed for trades and services businesses with a turnover of up to $1 million, and up to five employees.
The Allianz Trades and Services Pack can provide insurance cover for trade or service businesses in a single, convenient package with the following cover options to choose from – public and products liability, personal accident and sickness, and general property and commercial motor.
Trades and Services Pack in brief*
The Allianz Trades and Services Pack is a flexible policy designed for trade businesses. It provides cover for the most common risks in a single package, giving you peace of mind without the hassle of dealing with multiple insurance providers.
Public and Products Liability insurance is one of the most common covers taken out by trades businesses, because the potential costs of a product or public liability claim could be substantial. The Allianz Trades and Service Pack can provide up to $20 million cover for your legal liability to pay compensation for personal injury, property damage and/or advertising liability as a result of your business activities.
Personal accident and sickness cover provides either a lump sum or a weekly benefit in the event that an insured person dies as a result of an accident, suffers a specified injury by accident or suffers temporary total disablement by sickness. Please read the PDS which sets out the standard terms, conditions, limits and exclusions of the cover.
As a trade business, your vehicles may be crucial to your operations. With the Allianz Trades and Services Pack you can insure up to 10 business-related vehicles in one policy, with a choice of covers – Comprehensive, Third Party, Fire and Theft or Third Party Property Damage only.
When you buy an Allianz Trades and Services Pack through 1300 Insurance, you can spread the cost of your premiums without paying extra. Whether you opt for annual or monthly instalments, you'll pay the same total premium to protect your business. 1
*Eligibility criteria apply. For the standard terms, conditions, limits and exclusions of cover, please refer to the relevant PDS.
As a tradesperson you often enter properties to provide services in unknown conditions. There is always a danger that an insured person, a customer or a member of the public could get injured in the course of your work, so it's vital that you have protection for public liability as well as cover for an insured person for personal accident.
Meanwhile, your vehicles and tools may be the lifeblood of your business, so it may be important for you to cover your vehicles and tools so you can afford to repair or replace them quickly if something happens.
There are four key types of cover under the Allianz Trades and Services Pack – public and products liability, personal accident and sickness, general property and commercial motor insurance – in a single, convenient insurance package.
The Allianz Trades and Services Pack can provide protection for a wide range of trades businesses, including:
- Builders (Residential & light Commercial)
- Landscape Gardeners
- Lawn Mowing
- Mobile Mechanics
- Plumbers/Gasfitters (excluding Victoria)
- Tilers/Carpet layers
To obtain cover under the Trades and Services Pack, applicants will need to meet the relevant underwriting and eligibility criteria.
The Allianz Trades and Services Pack offers cover against the main risks faced by most trade-based businesses, in a flexible policy you can tailor to suit your needs. The product has been designed specifically for trades and services businesses with up to five employees and turnover of up to $1 million and can save you the time and hassle of dealing with multiple insurance providers.
Here is a summary of the covers available under the Allianz Trades and Services Pack. For the standard terms, conditions, limits and exclusions of cover, please refer to the Product Disclosure Statement. Eligibility requirements apply.
- Public and products liability - Up to $20 million cover for amounts that you are legally liable to pay as compensation for personal injury, property damage and/or advertising liability caused as a result of your business activities.
- Personal accident and sickness - Provides either a lump sum or a weekly benefit in the event that an insured person dies as a result of an accident, suffers a specified injury by accident or suffers temporary total disablement by sickness.
- General property - Covers you for the cost of repairing or replacing property insured, such as the tools of your trade, that is accidentally damaged anywhere in the world. You have the option to select cover for Accidental Damage or cover for specified events.
- Commercial motor - Get comprehensive, third party, fire and theft, or third-party property damage only cover for your business vehicles.
How to apply for cover
Applying for cover under the Allianz Trades and Services Pack is easy. Simply call 1300 467 872 and speak to a friendly service consultant.
Need to claim?
If something does happen to your business, you need an insurance company who will act fast to help you get up and running again as quickly as possible. That's why we've partnered with one of Australia's leading general insurers for business insurance.
Click here for information on how to claim.
Business insurance transfers many of the risks you face as a business owner from you to the insurer. However, it is important to understand that business insurance does not cover every circumstance or expense that you incur and there are some exclusions to the cover. For the standard terms, conditions, limits and exclusions of cover, please refer to the relevant Product Disclosure Statement.
1300 Insurance Pty Ltd ABN 50 124 845 727 AR Number 327609 is authorised to refer you to the insurer Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL No. 234708 (Allianz) and to provide written general advice on this insurance as the insurer’s agent. We do not provide any advice based on any consideration of your objectives, financial situation or needs. Terms, conditions, limits and exclusions apply. Before making a decision, please consider the Product Disclosure Statement available here.
If you purchase this insurance, we will receive a commission that is a percentage of the premium. We will also receive a percentage of the profit which exceeds the profit threshold on Home (excluding flood), Landlord (excluding flood), Motor and Caravan and Trailer policies arranged or referred by us (or renewed with Allianz) in each calendar year, provided that the relevant premium threshold is met for those policies and the Business insurance policies that we refer to Allianz. From 1 September 2018, we will also receive an annual marketing allowance from Allianz for promoting its products. This is calculated as a percentage of the premium on Home, Landlord, Motor, Caravan and Trailer and Business insurance policies arranged or referred by us to Allianz in the previous 12-month period. Ask us for more details before we provide you with services.
1 Premiums payable by instalments may be subject to minor adjustments (upwards or downwards) due to rounding and financial institution transaction fees may apply.
Trades & Services Insurance
For many companies, insurance is a fundamental part of doing business. Public liability cover, for example, may be a basic requirement of your operating licence. In many cases your potential clients, suppliers or investors will want to know that the financial stability of your business is protected. You may need to provide evidence of your insurance arrangements as part of the tender process for contracts, or during negotiations for credit lines or funding.
Even if you aren’t required to take out business insurance, it’s prudent to do so. You’ve worked hard to build up your business and without protection you could lose everything you’ve achieved to a single event, like a storm or fire.
Business insurance can cover you for many types of risk, from theft and damage to lost income or liability claims.
Your business is unique, and so are the opportunities and risks you face. Your insurance needs may depend on a wide range of factors, including
- The nature of the work you do
- The type, value and location of your assets
- Whether you manufacture products or carry high volumes of stock
- Whether you provide advice which may be relied upon by your customers
- Whether you work in public spaces or on customers' premises
- The legal and management structure of your company
- Whether you have employees, and the size of your team
- The physical, financial or reputational risks which threaten your company
The most popular types of business insurance include:
- Public or product liability
- Asset or property insurance
Both these essential insurances are options within our Small Business Advantage insurance, available online.
Other common business insurances include professional indemnity and management liability insurance, which can also be incorporated into your Small Business Advantage policy.
There are also specialised insurances available to mitigate more specific threats, such as transit insurance, machinery breakdown and electronic equipment. If you’re looking for more specialised policy, simply contact our friendly team on 1300 467 872 for information.
You could have immediate cover for all your major risks, without waiting for quotes from brokers. Our Small Business Advantage insurance package gives you the option to take out comprehensive protection against loss or damage to your property, interruption to your business and public or product liability claims plus a wide range of other threats.
If you need more specialised business insurance cover, 1300 Insurance is still the smart choice. We work with every major provider of business insurance in Australia and have close relationships throughout the global insurance marketplace. Our advisors have extensive risk management expertise and detailed knowledge of all the diverse business insurance products available in the market.
We'll also guide you through the underwriting process and support you throughout the lifetime of your insurance policy with a dedicated account manager, claims support and ongoing information.
Our small business insurance package is brought to you in partnership with leading Australian insurance provider Allianz. It enables you to tailor your business cover to suit your needs, all in a single, affordable policy. It’s designed to suit more than 2,000 professions and offer protection against all the major risks faced by most businesses, including theft, damage or business interruption due to natural disasters, and public or product liability insurance.
We also offer packages designed for office-based professionals and for tradespeople and service providers.
The cost of your small business insurance policy is your monthly premium. The amount you pay may depend a number of factors, including
- The type of work your business does
- How many employees you have
- Where your business is located
- How much stock you carry, if any
- The nature and value of your business property
- The size of your business and your annual profits
- Which types of cover you choose to take out.
All these things can determine the type of risks you face and the likelihood you will need to make a claim, which is the information used to calculate your premium.
You can find out what your premium amount will be by clicking on the "Get a Quote" button below.
Our small business online insurance has a 14-day cooling off period. So if you have second thoughts after buying your cover you can cancel it within two weeks and get a full refund, provided that you have not made a claim.
As long as you pay your premiums when they are due, your small business online insurance policy will remain in place for the period shown on your policy document.
If you do not pay your premiums on time we may be entitled to reduce or refuse to pay a claim and cancel your policy.
You can cancel your policy at any time. The cancellation will be effective on the date we receive your request and an administration fee will apply.
If you decide to cancel your policy, we will refund the proportion of your premium relating to the unused period of insurance, less the administration fee and any non-refundable government charges. However, we will not refund any premium if you have made a claim.
When you buy your small business insurance through 1300 Insurance in partnership with Allianz, you can spread the cost of your premiums without paying extra. Whether you opt for annual or monthly instalments, you’ll pay the same total premium to protect your business.
Premiums payable by instalments may be subject to minor adjustments (upwards or downwards) due to rounding, and financial institution transaction fees may apply.
It’s really important that you keep up to date with your premium payments. If you do not pay your premiums on time we may be entitled to reduce or refuse to pay a claim and cancel your policy. This means you will not be covered for loss, damage or interruption to your business due to theft or natural disasters, or for public or product liability claims or any other type of cover you have taken out.
Generally, you can claim a tax deduction for the premiums your business pays on most types of business insurance. However, this is not always the case for all types of insurance, so it’s important that you contact your tax advisor for advice on the individual circumstances of your business.
Thanks for your question.
We try very hard to respond to every question we get in a timely manner, but if your question is urgent you might want to call us on 1300 467 872.