administrator
14-11-2008, 11:14 AM
Did you know?
- There are over 5000 pieces of legislation in this country that carry
with them provisions for civil penalties?
- Civil penalties can easily ruin a business.
- Occupational Health and Safety fines can be as high as $550,000
for a business.
- Environmental fines can be in excess of $1,000,000.
The Facts
Most Public Liability and Professional Indemnity policies exclude cover for fines
and penalties.
You need to ensure that your entire business is covered against potential
statutory fines and penalties. Big civil fines are imposed by Governments for
non-compliance in wide ranging areas of law, from Environmental Law to
Occupational Health & Safety and Employment Practices Law.
Features & Benefits of LIU’s Statutory Liability Extension
Statutory Liability extension can protect you
from these financial risks. The additional cover needs no extra underwriting and
no new policy documents, making the cover cost effective with a nil deductible on
all claims.
Not only does a Statutory Liability extension protect you from financial loss that
could cripple or close your business, it also provides for expert legal assistance in
defending civil fine actions.
For most small to medium businesses the time and cost of responding to legal
action is just not recoverable.
The Statutory Liability extension helps to manage
that risk, freeing you to focus on your business.
BONUS
If you have Public Liability with Independent Lawnmowing Contractors Of Australia.
The Statutory Liability extension Effective from 1st November 2008 has now been included to present and future holders of Public Liability through Independent Lawnmowing Contractors Of Australia.
Up to one million dollars cover with no excess. At no Extra Charge .
So if you have Public Liability with any other company why not change and purchase your Liability with ILCOA MORE COVER BETTER VALUE .
Note that any breach (of legislation) must not constitute intentional, deliberate, dishonest,
fraudulent or malicious acts, including acts of gross negligence or recklessness.
NEW THIS YEAR 2010
Tree Lopper & Arborist Public Liability Insurance Cover with Statutory Liability Extension .
I.L.M.C.O.A as of 01/04/10 now offer great rates of Public Liability for Tree Loppers & Arborist
Independent Lawn Mowing Contractors of Australia's Group Insurance Scheme for Treeloppers & Arborists commences from the 01/04/10 to 01/04/11 and therefore a part yearly price is charged according to when a member signs up for insurance.
http://www.indmowing.com.au/forum/showthread.php?t=8459
- There are over 5000 pieces of legislation in this country that carry
with them provisions for civil penalties?
- Civil penalties can easily ruin a business.
- Occupational Health and Safety fines can be as high as $550,000
for a business.
- Environmental fines can be in excess of $1,000,000.
The Facts
Most Public Liability and Professional Indemnity policies exclude cover for fines
and penalties.
You need to ensure that your entire business is covered against potential
statutory fines and penalties. Big civil fines are imposed by Governments for
non-compliance in wide ranging areas of law, from Environmental Law to
Occupational Health & Safety and Employment Practices Law.
Features & Benefits of LIU’s Statutory Liability Extension
Statutory Liability extension can protect you
from these financial risks. The additional cover needs no extra underwriting and
no new policy documents, making the cover cost effective with a nil deductible on
all claims.
Not only does a Statutory Liability extension protect you from financial loss that
could cripple or close your business, it also provides for expert legal assistance in
defending civil fine actions.
For most small to medium businesses the time and cost of responding to legal
action is just not recoverable.
The Statutory Liability extension helps to manage
that risk, freeing you to focus on your business.
BONUS
If you have Public Liability with Independent Lawnmowing Contractors Of Australia.
The Statutory Liability extension Effective from 1st November 2008 has now been included to present and future holders of Public Liability through Independent Lawnmowing Contractors Of Australia.
Up to one million dollars cover with no excess. At no Extra Charge .
So if you have Public Liability with any other company why not change and purchase your Liability with ILCOA MORE COVER BETTER VALUE .
Note that any breach (of legislation) must not constitute intentional, deliberate, dishonest,
fraudulent or malicious acts, including acts of gross negligence or recklessness.
NEW THIS YEAR 2010
Tree Lopper & Arborist Public Liability Insurance Cover with Statutory Liability Extension .
I.L.M.C.O.A as of 01/04/10 now offer great rates of Public Liability for Tree Loppers & Arborist
Independent Lawn Mowing Contractors of Australia's Group Insurance Scheme for Treeloppers & Arborists commences from the 01/04/10 to 01/04/11 and therefore a part yearly price is charged according to when a member signs up for insurance.
http://www.indmowing.com.au/forum/showthread.php?t=8459