..

Insurance

  • Written by News Feature Team

Public liability insurance is an important part of any business, particularly those which interact with members of the public. If you're running a business, no matter how large or small, and you're coming into contact with the public or inviting them into a space which you own, it is highly recommended that you take out insurance. It isn't a legal requirement to have this form of insurance, but it can certainly help you if anything happens to a customer and they decide to sue you or your business. 





Health professionals and therapists

 

There are many therapists and health professionals who work from home rather than from a hospital or other base. Psychologists, health and beauty therapists and hairdressers are regularly seen setting up their own self-employed business from home. As a result, they don't have insurance already in place like a hospital, clinic or salon would. If someone walks into your property and trips, resulting in an accident, they are within their right to take legal action against you. 

 

Children's entertainers and teachers 

 

Children's entertainers, such as clowns, princess impersonators and party hosts, should have public liability insurance. Not only do they take their business to the homes of other people, but they are also working with children and young people where an accident is likely to happen. Entertainers often use equipment such as large speakers and radios and may engage in activities such as games and crafts where an unfortunate incident could occur. Unless you are working solely in venues where public liability insurance is already in place for visiting businesses, you should take out your own policy. 

While the risk is a lot lower, teachers should also take out insurance if they are tutoring people from home or travelling to their students' houses to carry out the lessons. You can get a public liability insurance quote before starting your business to factor it into your monthly budget.

 

Hotels and guest houses

 

Running a small hotel or guest house can be a great way of earning some extra income. If you have spare rooms in your home, you might rent them out to people who are looking for short-term accommodation. However, it's important to have insurance in place to protect your finances from being damaged in the case of legal action, and it's a good idea to make sure that any customers who get injured can easily get compensation from your insurance company. 

 

Pubs, cafes and shops

 

One of the most popular small businesses to set up, you should get public liability insurance if you’re running a café or any other place where food is present and/or the public are visiting. If you are serving food in your business, you should get a policy which covers you if people are ill after eating food from your establishment. Make sure you check the rules of your policy, since you still have to adhere to certain rules, such as allergy warnings and signs to prevent people from coming into danger, e.g. tripping over an expected step at the entrance.

Politics

Central and North Queenslanders overwhelmingly back coal sector

More than 80 per cent of young people in Central and North Queensland believe the coal sector and the jobs it creates are critical to the state’s economy, particularly regional Queensland.   Mi...

Senator Canavan - avatar Senator Canavan

AWU National Secretary Daniel Walton on steel industry

Ambitious expansion plans make mockery of those who wrote off Australian steel industry GFG Alliance's planned rejuvenation of the Whyalla steelworks, and the Australian steel industry more generall...

Media Release - avatar Media Release

George Neophytou supports roads funding and more

Independent candidate for Gippsland East George Neophytou has pledged to support completion of duplication of the Princes Highway between Traralgon and Sale and to upgrading of the Sale alternative ...

George Neophytou Media Release - avatar George Neophytou Media Release

Business News

10 Excellent Business Ideas for Young Entrepreneurs in 2019-2020

Top 10 Low-Budget Business Ideas for Students in 2019 Whoever said that you should wait for 10 or even more years after your graduation to launch your own business? 69% of US citizens start their ...

Elsa Avendano - avatar Elsa Avendano

The 1-Page Marketing Plan

SKIP BUSINESS SCHOOL. READ THIS NEW BOOK INSTEAD. Named as one of the “10 best marketing books for small business owners” by The Huffington Post.   MEDIA RELEASE: MELBOURNE, DECEMBER 13, 2018 —...

Claire Marshall - avatar Claire Marshall

How to Empower Your Employees in 2019

Employee empowerment is the focus of many employers in this present day. The reality is that although you may hire competent and qualified professionals, you still need to invest in building them up...

News Company - avatar News Company

Travel

Road Trip On Your Mind? Keep These Aspects In Mind As Well

Take a Road Trip! The great road trip. Movies are made of this type of freedom. The roads are calling and you are feeling the need for a road trip. Join millions of other people who enjoy the great o...

News Company - avatar News Company

Best Short Term Accommodation in Brisbane

Brisbane, the capital city of Queensland in Australia is known for its museum and Science center. With a lot of creative spaces and gardens on the riverside, it is a magnificent and popular destinat...

News Company - avatar News Company

Best Short-term Accommodations in Sydney

If you are looking to spend a night or two in the sprawling city of Sydney, you might be in need of a lodging place or hotel to stay. We would like to give you here a list of the best short term acc...

News Company - avatar News Company