Intertrade Insurance Solutions

11/05/2023

04/07/2022

Are you planning to grow your business?
Changes to your team, location and services can bring extra responsibilities and liabilities. Do you need extra cover?

Whether you serve the best gelato in town, help people reach their health goals through personal training or run a retail shopfront, you need to protect your livelihood and avoid potential setbacks.
Plan ahead to stay safe.

It's a good idea to consider these 8 Types of Insurance Policies for Small Businesses when looking for the right insurance coverage:

✅ General Liability Insurance
✅ Commercial Property Insurance
✅ Business Income Insurance
✅ Professional Liability Insurance
✅ Workers' Compensation Insurance
✅ Data Breach Insurance
✅ Commercial Umbrella Insurance
✅ Commercial Auto Insurance

Minimise the risks of your business and maximise the discounts on your insurance premiums with our expert advice. Give us a call today to chat about your best options.

You're in good hands with Intertrade Insurance Solutions.

Sydney (02) 9477 4949
Melbourne (03) 9046 2830

30/03/2022

𝐖𝐡𝐚𝐭 𝐭𝐲𝐩𝐞 𝐨𝐟 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐢𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 𝐝𝐨 𝐲𝐨𝐮 𝐧𝐞𝐞𝐝?

When it comes to company insurance, it's critical to assess the coverages you require. Employers' liability insurance is a legal necessity for most firms with employees. In contrast, public liability insurance is necessary if you interact with general members, and professional indemnity insurance is essential if your company provides advice.

Here are some questions you can ask yourself when deciding on what's suitable for you:

- Could your business face a compensation claim from a disgruntled client because they believe you've been negligent?
- Is there a chance a public member could be injured by your business and claim compensation?
- Do you have buildings, contents, business equipment, or stock to insure?

Need help with coverage?
Let's talk!
📞 Sydney (02) 9477 4949
📞 Melbourne (03) 9046 2830

29/03/2022

Running a business is a challenge, and it often involves putting your own finances at risk. Business insurance can protect your livelihood, reduce uncertainty and allow you to manage the risks associated with keeping your business afloat.

Business insurance ensures that you, your employees, and any members of the public who interacts with your business are protected from the risks you face as a business owner.

𝐇𝐞𝐫𝐞 𝐚𝐫𝐞 𝟓 𝐫𝐞𝐚𝐬𝐨𝐧𝐬 𝐰𝐡𝐲 𝐲𝐨𝐮𝐫 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐧𝐞𝐞𝐝𝐬 𝐢𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞:

𝟏. 𝐈𝐭 𝐤𝐞𝐞𝐩𝐬 𝐲𝐨𝐮𝐫 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐮𝐩 𝐚𝐧𝐝 𝐫𝐮𝐧𝐧𝐢𝐧𝐠
What happens if your company is affected by a natural disaster such as a fire or unexpected flooding? Property insurance covers the loss of property — including building damage, equipment, etc., and also the money you lose while your business is closed.

𝟐. 𝐈𝐭 𝐩𝐫𝐨𝐭𝐞𝐜𝐭𝐬 𝐲𝐨𝐮𝐫 𝐞𝐦𝐩𝐥𝐨𝐲𝐞𝐞𝐬
Protecting your employees’ interests is also a good way to protect yours — this saves you to have to worry about unexpected lawsuits and liability claims.

𝟑. 𝐈𝐭 𝐫𝐞𝐩𝐥𝐚𝐜𝐞𝐬 𝐥𝐨𝐬𝐬 𝐨𝐟 𝐢𝐧𝐜𝐨𝐦𝐞 𝐰𝐡𝐞𝐧 𝐲𝐨𝐮𝐫 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐜𝐚𝐧’𝐭 𝐨𝐩𝐞𝐫𝐚𝐭𝐞
This will ensure you can keep paying your bills, employees and ride out the temporary suspension of your business. For example, your business may be closed because of a fire, business income insurance can help replace the loss of income while repairs are being made.

𝟒. 𝐃𝐞𝐦𝐨𝐧𝐬𝐭𝐫𝐚𝐭𝐞𝐬 𝐲𝐨𝐮 𝐚𝐫𝐞 𝐚 𝐬𝐚𝐟𝐞 𝐛𝐞𝐭
Business insurance allows potential clients and consumers to know that you are protected if things go wrong

𝟓. 𝐘𝐨𝐮 𝐜𝐚𝐧𝐧𝐨𝐭 𝐩𝐫𝐞𝐝𝐢𝐜𝐭 𝐭𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞
No business owner has a secret crystal ball that can anticipate what will happen in the future. We hope that accidents, workplace injuries, or litigation never occurred, but no one can promise that they will not.

There are also several instances where certain states require business insurance coverage. In most states, businesses with employees will need:

- Workers’ compensation insurance
- Unemployment insurance
- Disability insurance

Small business owners may attain peace of mind and focus their attention on what they do best — running a productive, lucrative, and gratifying business for years to come — with the right business insurance.

📞 Contact us to learn more about having your business covered from unexpected future events.
Sydney (02) 9477 4949
Melbourne (03) 9046 2830

08/03/2022

What types of insurance policies are needed for businesses owners?

There's an array of business insurance options out there, so how do you know which options available are best suited to you?

Whether you have opened your doors for the very first time, or you're a seasoned business owner, depending on the industry you are in, your policy requirements may alter over time.

Which is why we are here to help!

Regardless of whether you are a sole trader or own the majority of shares within a company, insurance protects your business from many dangers that may arise during day-to-day operations.

We know how important it is to be protected and to be covered against unexpected events. Legal claims and unforeseen happenings can be very costly, especially if you have to pay them out-of-pocket, not to mention stressful when having to deal with a range of other things at the same time.

To learn more about what insurance solutions you need, contact us for a personalised consultation today!

04/03/2022

Your home is one of your most important assets. Protecting it is not only smart but also necessary.

Choosing the right home insurance policy will make sure your finances are covered in case of an accident or natural disaster: be it a mishap or even a flood.

No two home insurance policies are exactly the same. So how can you find the best one?

Your insurance policies depend on the kind of cover you choose. Basic coverage typically offers protection against fire, theft, and other disasters as well as personal liability.

However, you may need to update your policy and take out comprehensive coverage for full accidental loss or damage.

There are two levels of coverage in home insurance designed for different needs:

1. Defined Events 🔥

2. Full accidental loss and damage 🛠

We at Intertrade Insurance Solutions want to help you choose the right insurance policy that’s best for you. We will make sure that your assets are protected, and that you can be at ease knowing you have the right cover To learn more about what insurance solutions you need, contact us for a personalised consultation today!

09/01/2022

𝗗𝗼 𝘆𝗼𝘂 𝗵𝗮𝘃𝗲 𝘁𝗵𝗲 𝗿𝗶𝗴𝗵𝘁 𝗶𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲 𝗰𝗼𝘃𝗲𝗿𝗮𝗴𝗲?
With so many options available, it’s sometimes difficult to know if you have the right cover.

The insurance industry has changed dramatically in the last few years.
While this is undeniably needed, determining the level of coverage required has become more challenging.
So, if you're wondering if your insurance coverage is the best fit for you, the following advice will be helpful… 👇

𝗔𝗰𝗰𝗲𝘀𝘀 𝘆𝗼𝘂𝗿 𝗻𝗲𝗲𝗱𝘀 𝗰𝗮𝗿𝗲𝗳𝘂𝗹𝗹𝘆
You should think about this one, take into account a variety of factors such as the number of dependents you have, whether another family member is sharing financial responsibilities, whether you have young children whose education needs to be supported, and whether there is an impending marriage in the family.

You must also consider your existing income, your assumptions about how much your salary will increase over time, as well as your assets and obligations. Finally, consider your current lifestyle as well as your projected financial needs in the future.

𝗖𝗹𝗮𝗶𝗺 𝘀𝗲𝘁𝘁𝗹𝗲𝗺𝗲𝗻𝘁 𝗿𝗮𝘁𝗶𝗼
Examine the claim settlement ratio, which is given as a percentage. The greater the ratio, the more reliable the insurer. As a result, don't be swayed by what an insurance salesman tells you or be drawn to lower-priced plans because they appear to be easier on your wallet.

𝗠𝗮𝗸𝗲 𝘀𝘂𝗿𝗲 𝗶𝘁’𝘀 𝘀𝘆𝗻𝗰 𝘁𝗼 𝘆𝗼𝘂𝗿 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗽𝗹𝗮𝗻
Do not overextend yourself by obtaining a slew of plans that are out of step with your overall financial strategy.

𝗥𝗲𝘃𝗶𝘀𝗶𝘁 𝘆𝗼𝘂𝗿 𝗶𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲 𝗻𝗲𝗲𝗱𝘀
The golden rule of investing and creating a financial plan is to evaluate your investments on a regular basis. Similarly, your insurance needs must be re-evaluated on a regular basis.

Now that you have your overview of the major points to consider in evaluating your coverage, the right answer is in your hands. Do you have it right?

Reach out to us to get a review of your insurance coverage today!
☎️ (03) 9046 2830

31/10/2021

Are you planning to make your dream house come true? Before jumping into that, have you thought about the importance of having construction insurance?

We cannot stress enough how important it is to have construction insurance. The construction industry focuses on contractors, subcontractors, and workers who come together to provide a client's final product. That product can include constructing a new building structure, repairing the current structure, or creating a new roadway or walkway for pedestrian or vehicle travel. With so many pieces in play at any given time during a project, something can go wrong, and that's where construction industry insurance gets into action.

The contractor's liability insurance protects you against all occurrences of accidental injury to a construction worker on your team or the client's personal property. Being a construction contractor, you may find situations where the client is not pleased with the final output. If you cannot settle the objections on the job site, the client may file a lawsuit against you. The liability insurance for construction workers will support your fight back against these claims.

Your lack of insurance can make you entirely responsible for these charges. Get construction site insurance today. Contact us or drop us a line at [email protected]

☎️: (03)9046 2830

29/10/2021

Not sure if your business needs cyber insurance? If your business has the following:

Your company has a website.
You have a business email.
Your business captures personal information.
You received a phishing email.

If your business or company has one of these, you need to get cyber insurance.

In a Cyber insurance policy, business interruption aims to incorporate the revenue loss after a business is affected by a privacy or security breach. It seeks to compensate the company for the difference between the average income of the business and the reduced generated income throughout the shutdown made by a cyber incident.

Cyber insurance requires audits and information to the insurer that your IT provider can handle. You have to mitigate ransomware which means having a backup system and everything similar. However, the worst can still happen, and that's where cyber liability policy starts kicking in. They fill in the gaps that business insurance doesn't.

Here at Intertrade Insurance Solutions, we can help you find the right tailored policy to make sure that your needs are covered. After all, protecting one of your biggest assets should be a top priority.

28/10/2021

Feel like you haven't figured out everything yet? Here are the things you need to know between an insurance broker and a direct. Let's compare it to a car.

Buying insurance from a direct is like driving your car to work. You manage your funds. You're the one who will research investing and trading. It'll be knowledgeable for you as you can quickly move your funds and execute them. However, chances of loss are possible.

Buying insurance from an insurance broker is having someone that drives the car for you. They will be the ones to study and assess what plans and offers will best suit you. They will explore when do you need to invest and where to invest. You will have to pay for their services, and they will manage everything for you.

Now, do you want someone to take you the extra mile?

Get in touch with us today!
☎️: (03) 9046 2830

26/10/2021

Picking an ideal insurance plan is often confusing due to the mix of various options offered, technical benefits, exclusions and rates, among other factors. Rather than doing intensive research, comparison and computation yourself, it is in your best interest to get advice from professionals. This is where a broker comes in. Insurance Brokers work on your behalf to find something that would cater to your needs. What sets Intertrade Insurance brokers apart from the rest? Let us walk you through the advantages of choosing us to represent you.

1. We always put you first.
Your satisfaction is our top priority. To get the best possible solution and a better return on your investment, we endeavor to carefully listen to you in order to fully discern what you need.

2. We have technical knowledge and a profound understanding of the insurance industry.

3. We have been in the industry for a VERY long time.
We have over 150 years of experience in insuring and assisting our clients with claims for various situations and events. Our solid reputation and comprehensive experience will guarantee that you are in good (and trustworthy) hands.

4. We are willing to go the extra mile.
Building long-lasting relationship with our clients is of paramount importance to us, that's why we are dedicated to your every request we provide you service that exceeds expectations.

Get in touch with us today!
☎️: (03)9046 2830