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Yes, you can typically include multiple business activities under a single insurance policy by disclosing all your services to your insurer. This ensures you are protected for all aspects of your work without needing separate policies for each profession listed in the directory.
No. Workers' compensation is a separate legal requirement. In states like WA, TAS, NT, and ACT, you purchase this through private authorised insurers. In VIC, NSW, QLD, and SA, it is managed through state-based authorities. It is mandatory in every state if you employ staff, though specific payroll thresholds for exemptions may apply in some jurisdictions.
Yes, most professional indemnity and public liability policies cover you regardless of whether you work from a commercial office or a home-based setting. You should still notify your insurer of your work location to ensure your business equipment is covered and that you are not breaching any residential policy exclusions.
Generally, yes. Insurance requirements are determined by the risk of your work, not your business structure. While companies and sole traders both need liability cover, the obligation for Workers' Compensation is identical for both: it is mandatory only if you employ staff (or deemed workers). If you are a sole trader with no employees, you are generally exempt from this requirement.
No, tool and equipment cover is usually an optional add-on to a public liability policy rather than an automatic inclusion. You should specifically request 'General Property' or 'Tools of Trade' cover to ensure your equipment is protected against theft, fire and accidental damage while on-site or in transit.
Yes, most Australian insurers and brokers offer the option to pay premiums monthly to help with business cash flow. You should check if the provider charges a small interest fee or administrative cost for splitting your annual premium into monthly payments.
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Hi,
I am going to open up an online shop in Melbourne , selling fashion Jewellery (mainly earrings and necklace) all imported from Korea, I expect the annual sales will be around A$40,000. The company is just myself, no other employee, I wonder if I need to buy any insurance for my online shop pls?
Hi Nelson,
Thanks for getting in touch and congratulations on your new venture!
Getting business insurance is always ideal especially if this business is your bread and butter. Given you are an online business, the type of insurance you need is a product liability insurance. If you submit your details via the form on the public liability insurance page, a business insurance broker will be in touch to discuss the different options available and provide you with a quote. This service is provided free of charge and there is absolutely no obligation to sign up for a policy.
Hope this was helpful. Don’t hesitate to message us back if you have more questions.
Cheers,
Nikki
Hi, I have a small on the side pool cleaning business. The turnover is around $6000 per year.
The realestate I work for requires public liability. I currently have to pay $600 a year for this. Can I get a better rate?
Hi Paul,
Thank you for your inquiry.
You may want to fill out our public liability form, submit it, and then have someone call you to explore your options offered by different brands. Moreover, on the same page, you’ll learn more about what public liability insurance is, what it covers, and how it can help you.
I hope this helps.
Cheers,
May
Do you cover occupational therapists
Hi Kim,
Thank you for your question.
finder.com.au is a comparison and information service and not an insurer and we are not permitted to provide our users with personalised financial advice or product recommendations.
Terms and conditions vary among different providers. You would be best to reach out to an advisor who will take all your circumstances into account and offer you a range of insurance options through insurers in our panel. Further, you may find our professional indemnity insurance for physiotherapists guide helpful.
All the best,
Zubair