Legal Liability
Legal liability cover (also known as Public and Products Liability or Broadform Liability cover) is designed to provide insurance cover for your obligations under law arising from civil actions (torts) or under contract for physical injury of property damage to another party.
Liability insurance will normally only cover the liability arising from torts and not from any obligations you inherit under contract.
HOWEVER… (read on…)
Insurance Web can arrange Contract Review services which provides a second opinion on your obligations under contract, not normally covered.
In addition, our team will source contractual extensions or a stand-alone policy for Contractual Liability. That means you end up with the cover you NEED, without any loopholes or blind spots that can potentially leave you exposed and jeopardise your entire business.
Our team will always ensure the correct policy is selected for you, providing adequate protection for both your business and your students’ legal liability.
Professional Indemnity
As an RTO, the general public will consider you an expert in your field. That means they will rely on your expertise, and as a direct result, you have a “Professional” duty to ensure that any advice you provide is accurate and complete.
Even if your advice or expertise is misinterpreted by a misguided client or member of the general public, you can still be exposed to legal action.
BUT… if you have adequate professional indemnity insurance, you’re covered against any: Civil Liability arising out of an actual or alleged Breach of your Professional Duty causing personal injury, property damage or economic loss to a third party.
The important part there is: ALLEGED! Even if you’ve done nothing wrong, you still need to be covered if you don’t want your business to be at risk.
What’s more, and RTO’s Professional Indemnity Policy should also extend to include a broader definition of who is covered to ensure that students on vocational placement are included – otherwise… again… you could be exposed .
To find out what specific level of cover you need (so you don’t end up overpaying or being underinsured), simply click on the button below and we’ll personally get back to you to discuss your specific needs.
Without an appropriate level of cover, you are leaving your business at serious risk.
Group Personal Accident
This is a very specific type of cover RTOs have as part of their insurance suits, to provide an insurance benefit for accidents in the workplace where you are not deemed to be directly or indirectly at fault. Our team can tailor a specific program for your business to provide this benefit to your students.
Group Personal Accident Insurance can cover all students undertaking activities in unpaid work experience positioned by the RTO.
To find out what specific level of cover you need (so you don’t end up overpaying or being underinsured), simply click on the button below and we’ll personally get back to you to discuss your specific needs.
Without an appropriate level of cover, you are leaving your business at serious risk.
