Insights and Resources

You finish photographing a wedding, but a storage failure corrupts part of the shoot and important images cannot be delivered. At another job, a guest trips over a lighting cable and injures their wrist.

Freelance graphic designers can face two different types of business risk. A client may allege that a design error, missed specification or copyright issue caused financial loss.

A client visits your workspace and trips over a cable. At another job, you accidentally damage equipment while working at a client’s premises. If someone has been injured, the priority is to ensure they receive appropriate medical attention and to address any immediate safety risks.

As a yoga instructor, you make professional judgements every time you teach. You decide how to cue alignment, modify poses, supervise students and structure a class from one movement to the next.

A Product Liability claim can arise when a product a business manufactures, imports, sells, supplies, installs or repairs allegedly causes bodily injury, illness or damage to someone else’s property.

Choosing the right Public & Product Liability insurance policy involves more than simply finding the lowest premium option. You also need to select a liability limit, which is the maximum amount the insurer may pay for covered claims, as set out in the policy wording.

Whether you are retiring, changing careers, closing down your business, taking a career break or trying to cut costs when money is tight, cancelling your Professional Indemnity (PI) insurance might seem like an easy way to save money.

Ask almost any self-employed tradie, creative, or consultant why they signed up for Public Liability (PL) insurance, and you’ll usually get the same honest answer: "Because a client forced me to send them a Certificate of Currency before I could start."

Yes, Professional Indemnity (PI) insurance premiums are generally tax-deductible for Australian sole traders because they are business expenses associated with the professional services they provide and the income they earn. This reflects the Australian Taxation Office (ATO)’s general rule that expenses incurred in earning assessable income may be deductible.