Why you should use the services of an Insurance Broker when such sites exist, purportedly to give you the best bargains? What’s wrong with a comparison site? Doesn’t it show the cheapest premiums? Aren’t all policies the same? – The pitfalls of the Cheap and Generic policy – No those sites aren’t showing you the policies that you need.
Currently the underwriters in the Australian property market are very competitive, however there is a problem when the property becomes unoccupied. Often the insurer will allow a grace period of between 30 – 90 days, however after this period the property is generally not looked on with favourable terms, with the policy benefits being significantly reduced or the policy being cancelled.
Cyber-attacks are no longer something you read online, they are now targeting the small to medium sized companies too. Have you thought about what might happen if you were attacked? Stay Smart Online and IBA have partnered to provide our clients guides that will help protect your company.
Looking back on the last few years, there have been quite a few terrible storms that have caused significant damage. Whilst you may have a home insurance policy, not all of them are the same. Often a “TV Policy” is cheap as it’s covers have been drastically paired back.