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If you are planning on new construction in the near future, you are not alone. While the construction industry has taken some hits from the pandemic and its fallout, an estimated 111,500 new residences are set to be in the works in Australia between 2020-2021. While traditional construction companies will build many of these homes, a number will originate with an owner-builder. If you are considering being one of these individuals, you need a wealth of knowledge. This includes knowledge...
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As a business owner, you work hard to make sure all facets of your company are operating safely. Regardless of how diligent you are, accidents happen. In fact, in an average year, Australian workers file more than 100,000 workers compensation claims. That points to a tremendous number of employers who believed all was well and found out otherwise.   What is Workers Compensation Insurance? Workers compensation insurance is cover that protects your employees if they suffer injury, sickness, or death...
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You need excellent organisational skills and an ability to flawlessly multitask if you are running a company that specialises in transport and logistics. Making things move like clockwork is a monumental task. The last thing you need to be concerned about is your insurance cover. In simplest terms, transport and logistics insurance is cover for owners of businesses that focus on the movement of goods, raw materials, machinery, and other items essential to the supply chain. Transport and logistics insurance...
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What’s in Your Policy? There is no doubt about the fact that if you are the owner and operator of a small or medium-sized business, you have plenty on your plate. You have many facets of business demanding your attention, and it is simple for some things to slip through the cracks. It is exceptionally easy when it comes to details that do not require your attention on a regular basis. Your company’s business insurance is something that you likely...
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As a businessperson, you know how crucial the correct insurance cover is for you, your employees, and those who happen to be in your place of business. Most people are familiar with the types of compulsory insurance for Australian businesses: Worker’s Compensation Insurance – A policy is necessary to protect those you employ from injury or death while at work. Public Liability Insurance – Your policy will take care of third parties who experience injury, death, or another type of...
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As Australia continues to react and respond to the Coronavirus (COVID-19) pandemic, many businesses are suffering extensively. Government mandates, along with an overall dip in business, are greatly reducing profits to the point where some companies risk permanent damage or closure. Business owners are understandably reeling from the impact of the pandemic. As a result, Connect Business Insurance receives numerous questions regarding ways a business insurance policy can help those insured. To help you sort out different types of insurance...
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  Dear Valued Client, As you know, this is a difficult and uncertain time as the COVID-19 virus continues to spread and impact our communities. Like most organisations, Connect Business Insurance has been reviewing its working processes. To ensure the safety and well being of our clients, staff and partners, we have made some adjustments to our business operations to ensure we minimise any potential risks in this current environment.   Our Response In response to COVID-19, we have introduced...
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Note: for the purpose of this article, we’re going to focus on businesses in the finance industry. However, the points discussed can apply to a number of different industries. The advances brought to us by continually evolving and improving technology have created a well- connected world where thing once unimaginable are now routine. Unfortunately, these advances come with a price. Our security and the security of our assets are at risk from unforeseen threats. This begs the question, what threats...
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If you have ever spent time researching and comparing insurance policies, then you know it can be challenging and frustrating. The jargon is enough to send many people running. Also, you have to remember to consider specific details and other factors that can change quotes and terms. There is a much easier way to get the insurance cover you need at a price you can afford; work with an insurance broker.   What is an Insurance Broker? An insurance broker...
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