If you are the resident unit manager of, for example, a strata property or another residential building, then you should consider getting resident unit manager insurance. Here are some examples of scenarios in which this type of insurance could be useful.
You have made a mistake that has resulted in a resident's belongings being damaged
As a resident unit manager, you may be expected to perform maintenance work on various parts of the building.
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Small Business Insurance: Are Your Coverage Needs More Intricate than You Think?
Every financially-conscious business owner understands the need for adequate insurance. Simple mistakes and unforeseen events in the course of business can cost you thousands of dollars or even send your enterprise packing. While most entrepreneurs obtain small business insurance, not many get an adequate cover. It is easy to underestimate your insurance needs, especially if you don't understand the risks that your company is exposed to. This article will address some types of business insurance that your small business may need but which you never considered.
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Compulsory Insurance All Entrepreneurs Need to Know About
In Australia, there are many types of insurance policy that business owners need to be aware of. These include policies which cover all of the usual business activities, such as public liability, theft, product liability, professional indemnities and policies designed to cover you in the event of employee fraud. In addition, there are some insurance policies which are compulsory if you belong to certain professional bodies or operate in certain areas of business.
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Insurance Principles: What They Mean for Your Truck's Insurance Policy
If you own a truck that makes frequent delivery trips, it is important to cover it using an insurance policy. Technically, the term cover means that the insurance policy protects you against incurring huge losses in case the truck is damaged, stolen, or involved in an accident. When going for an insurance cover, you have the option of taking a limited cover that protects against a specified peril. On the other hand, you can also opt for a comprehensive cover that will protect you from losses resulting from many hazards.
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