Statutory Liability Insurance

Statutory Liability Insurance

Every Australian business is facing increased scrutiny and focused awareness of how they conduct their business, look after employees and conduct themselves as proper corporate citizens.

What is Statutory Indemnity Insurance?

Every Australian business is facing increased scrutiny and focused awareness of how they conduct their business, look after employees and conduct themselves as proper corporate citizens. What happens, but, when after all the care taken something gets missed – a bit of Government legislation is overlooked and somehow the business finds itself fighting a fine bought about by legislation with little option to get around it. This is where Statutory Liability coverage will assist.

What sort of issues can be covered?

  • Workplace Health & Safety Acts
  • Employment Practices Law
  • Environmental Protection Authority (EPA) legislation
  • Spam & Privacy Laws

 

Policies will cover the legal costs surrounding such a fine as well as the fine itself. Statutory Liability is available as a stand alone policy or it may be included as part of a Management Liability policy and this may depend on the extent of cover afforded by the policies a broker uses. That’s our job!

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Insuring businesses and professionals in Newcastle and across Australia since 1984.