5 Modern Risks to your Organisation – No 2. Corporate Travel Insurance
Travel is often a necessary part of conducting business in today's global economy. Unfortunately, on the odd occasion, it doesn't always go smoothly...
With the festive season in full swing, and 2019 steadily approaching, it’s fair to say we are all looking forward to a well-deserved break with plenty of fun and frivolity during the holiday season.
To help keep you, your home and your business safe, we’ve compiled our ‘12 Tips of Christmas’ – to ensure you enjoy a fiasco-free holiday!
Ensure you’ve turned off water taps to your dishwasher and washing machine just in case a washer or hose breaks while you’re away. Similarly, unplug any non-essential electrical items to ensure they don’t become damaged in the event of a power surge.
Consider converting old incandescent Christmas lights to LED bulbs. LEDs can help you save electricity, but more importantly, they expel little to no heat when in use. This can significantly reduce the fire risk.
Across the summer months in Melbourne, there is a serious gas BBQ fire on average once per day. This is often accompanied by property loss and injury. Know the drill before you grill! Before using your BBQ, check for any gas leaks and ensure that the fittings and hoses are in perfect working order before you fire up the grill.
It’s very important to keep your broker and / or insurance company updated with any changes to your insurable items. After Christmas it would be wise to take stock and update your contents insurance policy to account for any new and valuable items you may have received as a gift e.g. jewellery, electronics, artwork etc.
TIP: Insure valuable Christmas presents before they’re opened!
Should you purchase any valuable items as Christmas presents, make sure they’re added to your Contents Insurance policy the moment you get them home. This will help ensure they are protected against unexpected events like fire or theft.
Summer months can be the perfect time to renovate your property, or organise some long overdue maintenance. If hiring tradespeople, ensure they have a current Public Liability insurance policy with adequate limits in place – it is best practice to ask for their Certificate of Currency.
Likewise, if you live at a Strata property and are volunteering for works, check that the OC’s Strata Insurance policy includes Personal Accident Cover for Voluntary workers.
Ensure your business’ alarms and monitoring systems are up to date before you close for the Christmas period. If using an external security provider, ensure they’re aware of the dates your business will not be in operation.
Ensure you’ve purchased a Travel Insurance policy to provide you and your family with financial protection and peace of mind should anything go wrong while away. To obtain a travel Insurance quote, or to find out more information, please click here.
An exciting holiday can be marred with the loss of or damage to personal items such as jewellery, phones, handbags and wallets, sunglasses, cameras and laptops. It's good practice to ensure your Home and Contents policy includes cover for the theft, loss or damage of personal items while away from your residence. Travel Insurance can also cover these items.
With many parts of Australia experiencing a very dry start to summer, everyone needs to remain vigilant when it comes to the risk and danger bushfires pose - particularly in rural areas. Whitbread have published several articles on the importance of preparing for the bushfire season and staying informed during an emergency. Click here to read more.
Although Australia can encounter powerful winter storms, summer storms can often be just as severe if not worse. Many summer storms have caused significant and widespread damage over the last decade. Ensure your property insurance is comprehensive, and includes cover for storm damage and natural disasters.
For tips on what to do if your property suffers severe storm damage, click here to read our article.
Whitbread's office will be closed over the Christmas period from 2pm on Monday 24th December, reopening on Wednesday 2nd January.
For after hours emergency claims assistance, click here to view a list of emergency contact details for a range of major Australian insurers.
This insight article is not intended to be personal advice and you should not rely on it as a substitute for any form of personal advice. Please contact Whitbread Associates Pty Ltd ABN 69 005 490 228 Licence Number: 229092 trading as Whitbread Insurance Brokers for further information or refer to our website.
This Media release from the 10 March, 2018 outlining the latest from the Victorian Cladding Taskforce has been supplied by Minister for Planning, Richard Wynne.
This article outlines several common forms of cyber attacks to watch out for, as well as key strategic measures your business can implement to minimise exposures and associated losses.