During the COVID-19 pandemic, all insurers we deal with placed embargoes on taking the “Rent Default” option under Landlord policies. They perceived their potential exposure to claims to be too great and declined to take on new risks with this option included. This exposure was compounded when the government placed an embargo on tenant evictions....
With the existence of COVID-19 Insurance companies have an increased risk exposure to claims for tenants being unable to meet their rental obligations whether your investment property is in Geelong, the Surfcoast ,Werribee or Melbourne. Most Landlord Insurance Policies have an option for Rent Default which can cover the landlord for rent if the tenants...
With our state facing its biggest challenge and the most uncertainty we have ever seen in our lifetimes, we just wanted to reassure you that we are here for you and ready to help if you need us. Our Werribee Office is under Stage 4 Restrictions and our Geelong Office is subject to Stage 3...
If you are no longer working or operating your business, you might think it is okay to just cancel your Professional Indemnity Insurance. This couldn’t be further from the truth and you could be opening yourself up to a huge risk. Professional Indemnity Insurance works on a “claims made” basis. This means that in order...
In these uncertain times when businesses are not operating or operating on a smaller scale, owners might be tempted to drop their Liability Insurance. They might think that they do not have any risk exposure however they most probably still do. Anyone considering cancelling their Liability Insurance policy should read this. Our Geelong Commercial Insurance...
If you have either temporarily closed your business or have moved to remote working operations there are some things you need to consider. Zurich have prepared the general advice checklist below on how to protect your vacant premises which will assist all business owners. If you are in this situation please contact us, it is...
Like all Victorian businesses, we have now moved our staff to working remotely from their homes as from yesterday. We are committed to protecting the health and well being of our staff as well as using social distancing to lessen the potential spread of the coronavirus Covid-19. We will continue to operate our business and provide uninterrupted service...
It is now very clear that we will face many challenges in light of the continuing developments around the COVID-19 coronavirus. We have a plan in place to enable our business to continue to operate during this challenging time. We have the ability to have our staff work remotely with very little disruption to the...
