Management Liability

Australian real estate agents face unique risks, making comprehensive insurance essential. Professional Indemnity (PI) insurance is crucial, protecting against claims of negligence or errors in your services. Public Liability insurance covers injuries or property damage to third parties. A Business Insurance Pack can combine covers like property, portable equipment, and business interruption. Cyber insurance is increasingly vital due to data security threats. Management Liability protects directors and officers. Understanding these covers, and avoiding common misconceptions like assuming contractors are automatically covered, or that working from home eliminates public liability risks, is key to safeguarding your business and career. Regular communication with your broker is important.