This Policy is designed to cater for members of a particular profession which usually have a code of practice and minimum educational requirements. It is only recently the Insurers have accepted Project Management as it's own risk category, previously it was considered similar to Engineers and architects. The Insurance focuses on the qualifications and experience of Technical staff employed when making this assessment.

The standard insurance indemnity policy would cover the following:

• Employees
• Loss arising from conduct of consultants, agents and sub contractors if under the Insured's direction although they would not be covered themselves
• Incoming principals arising from activities from a prior business within the same profession
• Prior corporate entities
• Merged entities
• The estate, Heirs, Legal representatives or assignees of the Insured who dies or becomes insolvent

What is the Insured Covered for?
Breach of professional duty which may arise from common law, statute law or contractual law.

Some examples are:

• Breach of Duty
• Libel, slander and defamation providing it is unintentional– may be excluded from some occupations
• Unintentional infringement of copyright, trade marks, designs, patents or plagiarism
• Loss, damage or destruction of any documents or records
• Unintentional breaches of trade practices act
• Extensions available include
• Dishonest acts of employees– Fidelity Insurance
• Employment practices liability cover covering unfair dismissal, discrimination and harassment
• Outgoing partners– run off protection for a senior staff member who has left the business

Workers compensation provides protection to workers and their employers in the event of a work related injury or disease. The premiums are rated based on the business description which varies in cost depending on the risk involved. E.g. Building and Construction Trade - much higher risk and costlier than an office based employment.

For NSW employers they must have a workers compensation policy to insure themselves against compensation claims for workplace injuries if they pay more than $7,500 in wages, employ an apprentice or trainee, or are part of a group for premium purposes.

Tradesmen Personal Accident & Sickness protection Insurance provides protection for you and up to another nine workers.

What the Personal Accident & Sickness Insurance Protection covers:

• Up to 26 weeks cover benefit period
• Cover is eligible for persons between the ages of 18 to 60 years old
• Covers up to 75% of the wage or salary; up to a maximum of $500 per week
• Capital Benefit by - Death, Paraplegic and Quadriplegic accidents with a lump sum of $20,000 per person
• Protection for up to 10 workers including the Owner Builder
• There is a 7 day waiting period prior to making a claim

It is highly advisable to take out Personal Accident & Sickness Insurance, to provide some insurance protection, if you are injured or incapacitated and cannot attend your employed work. The insurance policy also provides up to 10 workers also working with you.

A building site can be a very dangerous place. If you are planning to build and are injured or incapacitated so that if any of you cannot return to your employed job, you or they will be significantly financially compromised.

This range of insurance protection is vital for Professional Consultants, if not mandatory, as well as providing peace of mind. This protects you for their legal liability against injury or damage to third party property.

The quality of the protection needs to be looked at equally carefully as the price of the premium.

Our Insurance Service Provider offers Professional Tradesmen a quality, if not superior, package at a competitive price for insurance needs associated with Public Liability.

The Building Centre Network can help provide Office or Business insurance solutions for the following types of risks:

• Dometic and Commercial Strata
• Office Occupiers
• Porperty Owners

Below are additional benefits that you can obtain through Office and Business Insurance cover:

• Accidental Damage Cover
• Customer Goods
• $10,000 Professional Fees
• Removal of Debris
• Temporary Repair
• Exploratory Costs
• Seasonal Increase
• Temporary Removal
• Alterations and Additions
• Fire Extinguishing Costs
• Costs of Restoring Records
• Directors & Employees Personal Property

Commercial Motor Vehicle Insurance (Utes & 5-10 Tonne Trucks)

This insurance covers Tradesmen for the use of their motor vehicle through their trade.

Workers compensation provides protection to workers and their employers in the event of a work related injury or disease. The premiums are rated based on the business description which varies in cost depending on the risk involved. E.g. Building and Construction Trade - much higher risk and costlier than an office based employment.

For NSW employers they must have a workers compensation policy to insure themselves against compensation claims for workplace injuries if they pay more than $7,500 in wages, employ an apprentice or trainee, or are part of a group for premium purposes.

Tradesmen Personal Accident & Sickness protection Insurance provides protection for you and up to another nine workers.

What the Personal Accident & Sickness Insurance Protection covers:

• Up to 26 weeks cover benefit period
• Cover is eligible for persons between the ages of 18 to 60 years old
• Covers up to 75% of the wage or salary; up to a maximum of $500 per week
• Capital Benefit by - Death, Paraplegic and Quadriplegic accidents with a lump sum of $20,000 per person
• Protection for up to 10 workers including the Owner Builder
• There is a 7 day waiting period prior to making a claim

It is highly advisable to take out Personal Accident & Sickness Insurance, to provide some insurance protection, if you are injured or incapacitated and cannot attend your employed work. The insurance policy also provides up to 10 workers also working with you.

A building site can be a very dangerous place. If you are planning to build and are injured or incapacitated so that if any of you cannot return to your employed job, you or they will be significantly financially compromised.

The Tradesmen undertaking the work is required to obtain Home Warranty Insurance for every project they undertake where the total work costs exceeds $12,000. The Owner of the property is the beneficiary of the Insurance. Any future Home Owner of that property within the statutory period is also protected. The Tradesmen obtains no benefit from this Insurance.

Tradesmen Home Warranty Insurance is set for a period of 12 months and reviewed annually there after.

To aquire this insurance, the applicant will need to complete an eligibility form and provide financials (if a company) or tax returns (if a sole trader) or sometimes just complete the form depending on the applicants assets and previous trading history.

South Australia and Western Australia follow similar regulation whereas Victoria have a model more aligned to NSW, however, NSW is more complex from both a licensing point of view and coverage. All other states and territories are either Government controlled or do not require the product to be compulsory.

The Tradesmen undertaking the work is required to obtain Home Warranty Insurance for every project they undertake where the total work costs exceeds $12,000. The Owner of the property is the beneficiary of the Insurance. Any future Home Owner of that property within the statutory period is also protected. The Tradesmen obtains no benefit from this Insurance.

Tradesmen Home Warranty Insurance is set for a period of 12 months and reviewed annually there after.

To aquire this insurance, the applicant will need to complete an eligibility form and provide financials (if a company) or tax returns (if a sole trader) or sometimes just complete the form depending on the applicants assets and previous trading history.

South Australia and Western Australia follow similar regulation whereas Victoria have a model more aligned to NSW, however, NSW is more complex from both a licensing point of view and coverage. All other states and territories are either Government controlled or do not require the product to be compulsory.

Liability + Accident + Sickness + Tools Insurance Protection

This range of insurance protection is vital for tradesmen, if not mandatory, as well as providing peace of mind. This protects the Tradesmen during construction from fire, weather related perils, theft/burglary ,malicious damage ,workmanship issues and more. Most importantly it protects the Tradesmen for their legal liability against injury or damage to third party property.

As with builders where you pay for what you get, from a range of quality of workmanship and reliability available, the same applies for insurance policies and protection. The quality of the protection needs to be looked at equally carefully as the price of the premium.

What the Personal Accident & Sickness Insurance Protection covers:

• Up to 26 weeks cover benefit period
• Cover is eligible for persons between the ages of 18 to 60 years old
• Covers up to 75% of the wage or salary; up to a maximum of $500 per week
• Capital Benefit by - Death, Paraplegic and Quadriplegic accidents with a lump sum of $20,000 per person
• Protection for up to 10 workers including the Owner Builder
• There is a 7 day waiting period prior to making a claim

Our Insurance Service Provider offers tradesmen a quality, if not superior, package at a competitive price for insurance needs associated with Public Liability & Tools of trade. These packages cover the following: Legal Liability and specific Tools for tradesman.