As a Carpenter, you need insurance that is specific to your requirements, a policy that suits your company.
A one-size fits all insurance just won’t cut it.
Make sure you find an insurance company that deals exclusively in insurance for tradies and especially carpenters.
Some insurance companies specialise in home and contents insurance or travel insurance – what you need is just a tradies insurance company. Your insurance advisers need to understand how carpenters and other tradesmen run their businesses.
Further, to lighten the cost of insurance, look for an insurance company that allows carpenters to pay for the premium by the month at no added cost!
Your insurance adviser should ask questions specific to being a carpenter to ensure that you might be completely covered. For example , if you should be a carpenter you probably have a work vehicle and it is likely you have a trailer. While it’s likely you will have insurance policy for your work car, how about your trailer and most of the tools and stock inside? You’ll need to cover all that too!
Ask your insurance advisers about bundling your insurance into a Carpenters Insurance Package. Cover yourself against injury to other people and injury to property owned by the others with Public Liability Insurance, cover your tools and gear with Tools Insurance, your ute with Work Vehicle Insurance and your business with tax audit, statutory liability, transit, theft and property.
Carpenters should also observe that it is worth considering Illness & Injury Insurance (formerly Income Protection) because it covers you 24 hours a day, 7 days a week whether you are on the job or perhaps not. Income Protection insurance offers the peace of mind a carpenter needs so that you won’t risk putting your livelihood at risk.
Carpenters sometimes confuse WorkCover with Income Protection. If you are laid up and off benefit a long period of time, it’s Infection & Injury Insurance (formerly Income Protection Insurance) you need to keep the money flowing to pay for your bills and other bills as you recover.
24/7 income protection insurance covers carpenters anywhere, anytime. You’re covered if you wipe out surfing, get knocked down with a seasonal flu or give yourself a head injury by falling off a ladder at home. Your income will soon be protected – but as long as you’ve got Illness & Injury Insurance!
Carpenters should also inquire about Carpenters Business Insurance which could include business insurance products and services such as general property, tax audit, transit and statutory liability.
Carpenters Business Insurance for property provides cover against loss or injury to buildings, contents and any stock which might be the result of fire, storm and water. Theft from your premises is also covers your contents and stock.
Carpenters Business Insurance covers your premises for breakage to glass from a small fracture extending through the entire thickness of the external or internal glass. It also covers buildings owned by you or that you can are legally responsible and also this includes fixtures, fittings and underground or above ground services, walls, gates, fences and all other structures improvements at that location.