Cover up to $20 million, for up to 10 employees.
Cover for damage or injury to third parties caused through your or your business’s error or negligence.
Can cover claims made by subcontractors against you, or for their work if you’re responsible.
Certificate of currency emailed to you minutes after payment.
Cover for your tools and equipment up to $25,000 online. Please contact us for higher limits.
Australia-wide accidental damage - full replacement cover for damaged or stolen gear, including expensive jigsaws or chisels.
Can include theft in ‘open air’ of tools on an incomplete site.
Broad cover - not limited to defined events such as just fire, or just theft.
Pays you a weekly benefit if you accidentally injure yourself or become unwell.
Capital lump sum or weekly benefit for up to 104 weeks and up to 90% of income.
24/7 protection. You’re covered at work (reduced by workers compensation) and outside of work.
Can include business expenses.
Specific exclusions for any carpenters’ insurance policy vary depending on your policy. However, there are some general things that many carpenters’ insurance policies typically do not cover. These can include:
Why choose Marsh for your carpenters’ and cabinetmakers’ insurance solution?
Oh yes. Carpenter or cabinetmaker, you’re working with wood in high-risk environments, installing fittings, framing and using specialised tools every day. If you cause property damage or hurt someone, it could mean legal action and crippling costs.
Or you could injure yourself, it can happen with just a momentary loss of concentration. If you can’t work, how will you earn an income and pay the bills?
Public liability insures you against damage to other people or property, including customers, passers-by, or other people on site. This is very important.
Tools and equipment insurance covers you against having your equipment or tools stolen from either your worksite, or out of your van or ute, or if they get damaged. The tools and equipment insurance solution can cover you in situations where other insurers sometimes won’t.
Personal accident and sickness insurance means that if you injure yourself, either while you’re working or enjoying the weekend, or if you’re disabled and can’t work, you can have an income for a significant period and be able to pay your bills.
Some insurers will offer you only ‘defined events’ cover, which covers you for only those things you must specify, such as fire or collision damage. There’s often also an exclusion if your tools are stolen from a working site, unless they are locked away on that site.
Our insurance solutions can offer you full damage, full replacement Australia-wide cover, including water damage and theft in open air. So, if you leave your tools on a working site and they are stolen, you can be covered. It can also cover your expensive equipment, such as jigsaws and expensive chisels.
If you provide advice or design services to your clients, we strongly recommend you consider professional indemnity insurance.
Professional indemnity insurance can cover your business for allegations of negligence involving a breach of professional duty, typically excluded under public liability insurance.
The cost of your cover depends on a variety of factors: the amount and type of cover you need, the size of your business and type of work you do. The fastest way to find out how much it might cost is to get an online quote.
It’s required. Some subbies think they’ll be covered on the builder’s public liability policy. In reality, it’s unlikely to cover you. If you are a sole trader or self-employed and subcontracting to a builder, you may well be asked to produce a Certificate of Currency for public liability insurance to get on site. Depending on the type of work you do, you’ll typically need a minimum cover level of $5 million.
OR (see comment)
Some subbies think they’ll be covered on the builder’s public liability policy, so they don’t need their own insurance. In reality, the builder’s policy is unlikely to cover you if you are a sole trader or self-employed and subcontracting to that builder.
In that event, you may well be asked to produce a certificate of currency for public liability insurance to get on site.
When you take out Marsh public liability insurance, that’s exactly what we’ll provide to you, in an email, in a few minutes.
Marsh Advantage Insurance Pty Ltd (ABN 31 081 358 303, AFSL 238369) (“Marsh”) arranges the general insurance (i.e. not the Discretionary Trust Arrangement) and is not the insurer. This page contains general information and does not take into account your individual objectives, financial situation or needs. For full details of the terms, conditions and limitations of the covers, refer to the specific policy wordings and/or Product Disclosure Statements available from Marsh on request. Marsh makes no representation or warranty concerning the application of policy wordings or the financial condition or solvency of insurers or re-insurers. Marsh makes no assurances regarding the availability, cost, or terms of insurance coverage. Any statements concerning actuarial, tax, accounting, or legal matters are based solely on our experience as insurance brokers and risk consultants and are not to be relied upon as actuarial, accounting, tax, or legal advice, for which you should consult your own professional advisors. The Discretionary Trust Arrangement is issued by the Trustee, JLT Group Services Pty Ltd (ABN 26 004 485 214, AFSL 417964) (“JGS”). Any advice or dealing in relation to the Discretionary Trust Arrangement is provided by JLT Risk Solutions Pty Ltd (ABN 69 009 098 864, AFSL 226 827) (“JLT”). JGS and JLT are businesses of Marsh McLennan. The cover provided by the Discretionary Trust Arrangement is subject to the Trustee’s discretion and/or the relevant policy terms, conditions and exclusions.
LCPA 25/072
