Rideshare services such as Uber are growing in popularity in Australia, and many people are using their cars to earn themselves some cash. However, using a private vehicle for hire…
Category: Business Knowledge
4 Ways to Reduce Bad Debts in Business
Bad debts can seriously impact cashflow and profitability. Here are some tips for avoiding and dealing with them. 1. Improve invoicing and debt management This might involve tightening up payment…
COVID-19 Making it Harder to Get Business Interruption Cover
With the pandemic leading to income losses for many businesses, some owners have turned to their business interruption (BI) insurance to provide compensation, only to find pandemics are generally excluded.…
How Will COVID-19 Affect Your Insurance Premiums and Claims?
Many SMEs in Australia have been hit hard by COVID-19 – especially hospitality businesses. Some businesses have scaled back their services (e.g. takeaway or online orders only) while others have…
What is Legal Expenses Insurance and Who Needs it?
Legal expenses insurance provides financial protection for the costs associated with a legal dispute. A policy will cover you for such things as the cost of legal advice, court or…
WHS Penalty Insurance Now Unlawful in NSW
Significant reforms to NSW Work, Health and Safety laws mean insurers can no longer offer cover for WHS-related fines and penalties. Previously, these fines and penalties could be covered under…