Why should you choose Marsh to arrange your insurance solutions?
Protect your business against claims of misleading advice, breach of duty and negligence with professional indemnity cover.
Protect your business – and your team – against management and operational risks with management liability cover.
Lump sum payments aren’t always practical. Pay in monthly instalments with insurance premium funding arranged by Marsh.
Insurers use a range of details to calculate your insurance premium. These include your:
Level of cover
Business turnover
Industry
Prior claims history.
To keep your premium low, we leverage our strong market relationships to obtain quotes from multiple insurers on your behalf.
All businesses may be susceptible to public liability claims.
In certain regions, some professions – like plumbers or electricians – must have public liability insurance.
In other instances, suppliers, customers, landlords and other parties may require you to have a certain limit of liability before you can start work.
If customers visit your premises or if you interact with members of the public, we recommend that your business is covered by public liability insurance.
A certificate of currency is proof that you hold a current insurance policy.
Please contact us once you have accepted your policy and we will arrange for a certificate of currency to be sent to you from your insurer.
While it is not legally required for all companies, we recommend sole traders, contractors and other businesses consider obtaining public liability insurance.
Whether you work on multiple job sites, at a company office or in public areas, public liability insurance can cover your business wherever it conducts business activities.
In the trades industry, a subcontractor completing hired work may be covered by their client’s public liability insurance. However, if a subcontractor is negligent and leaves their tools out and injures a third party, then this claim may need to be made under the subcontractor’s policy.
We recommend contractors consider obtaining public liability insurance before performing work for another business.
Limit of liability: This is the maximum amount an insured party may receive during the period of insurance, subject to any sub-limits, which may also apply. Policy options typically offer limits of liability ranging from $5 million to $20 million.
Excess: This is the amount you will need to pay to make a claim on your insurance policy before the insurer then becomes liable.
Inclusions: These are the situations or events covered by your insurance policy.
Exclusions: These are the situations or events not covered by your insurance policy.
LCPA 23/150
Marsh Ltd (NZBN 9429040918792)(“Marsh”) arranges insurance and is not an insurer. This webpage contains general information, does not take into account your individual objectives, financial situation or needs and may not suit your personal circumstances. For full details of the terms, conditions and limitations of the covers and before making any decision about whether to acquire the product, refer to the specific policy wordings and/or Product Disclosure Statements available from Marsh on request.
