If you contract as an antenna installer, you need to be sure that you’re covered if anything goes wrong. Today, we’ll take a look at the forms of insurance that you may need to consider.
Antenna installers are usually required to spend a fair bit of time in the car going to different jobs, and of course your tools travel with you. If something were to happen to your equipment, not only would this be inconvenient but it would also be costly. General property insurance means that your transportable items are covered if they’re lost, damaged or stolen.
Personal accident and illness
Working as a contractor means that money is good while you can work but if you’re suddenly not able to work due to injury or sickness, you lose your income. Personal accident and illness cover provides you with ongoing payments in the form of a percentage of your normal income so you can continue to keep up with regular payments and expenses while you recover.
For antenna installers, public liability insurance is essential. This cover will protect you financially if you cause damage, either to property or a third party, as a result of your actions at work. It will also cover any legal bills if you need to hire a lawyer during a claim. You could be found liable for damages as an antenna installer from something as simple as damaging roof tiles during a job to someone tripping over your equipment on site. Remember, you could find yourself having to pay up for medical bills, rehabilitation, repairs, replacements and everything in between which is why liability cover is so important.
Life insurance provides your family with a lump sum of money in the event of your death, and they can use this money however they need to. From paying off debt such as mortgage and credit cards to providing for general living expenses, life insurance lessens financial hardship for your family into the future.
A lot of people don’t think to consider tax audit cover but audits by the Australian Tax Office are a common occurrence and no matter how small your business, you could find yourself on the receiving end of an audit. Tax audit cover means that the cost of hiring a professional, such as a lawyer or accountant, to complete the audit on your behalf is covered. This takes the stress out and means you can leave it to the professionals.
A lot of tradies don’t consider professional indemnity cover but it may well apply to you if you give advice in your work as an antenna installer. If you’re not sure if this applies to your, speak to your broker.
The most important thing is that all your areas of risk are covered by a quality insurance package. Contractor Cover is a one stop shop for Australian contactors and we provide all of your insurance policies in a single, convenient package.
If you work as an antenna installer, contact Contractor Cover today on 1300 438 268 or fill in our online form.