Friday 4th August
We had a good turn out of members and visitors this morning at Bobby's Cafe, Ettalong Beach for our Peninsula Breakfast Meeting. Our special presentation was given by Mark Hanslow who covered off on some key points regarding two important insurance policies.
In brief, Professional Indemnity Insurance is a policy that any profession providing services or treatment for a fee should take out, and it covers you for financial losses incurred as a result of an error or omission by your business or a breach of your professional duty. Some key terms to look out for on the policy are Claims Made and Retroactive Date as these both impact the effectiveness of the cover.
Public Liability covers you against accidents which occur in your business, causing personal injury or property damage, such as slips/falls on your premises; damage to third party property; injury or damage caused by you or one of your employee's negligence and so on.
Mark shared several examples and there was some lively discussion on the topic.
For more information on insurance for your business contact
HANSLOW INSURANCE GROUP PTY LTD
PO Box 4102, Wagstaffe NSW 2257