What is product and public liability insurance and why is it important for plasterers?
We all have those days. Accidents can happen. Whether it’s your first year as a qualified plasterer or fifteenth, we hope to see it’s not your last. While risks can’t be completely mitigated, there are a couple of things that may help to minimise the chances of an accident occurring, like keeping up to date with industry safety standards and jobsite preparation. Having adequate business insurance cover in place is like your final layer of defence.
One particular cover plasterers should consider adding to your toolkit is public and product liability insurance.
Public and product liability insurance can provide protection for your plastering businesses if personal injury or damage to a third party or their property occurs due to the work you completed.
Public & Product Liability Insurance
✔ Limit of liability options from $5 Million
✔ Errors & Omission and Property in physical or legal control cover up to $250,000
✔ Excess options ranging from $1,000 up to $10,000
✔ Includes Advertising Liability cover
✔ Includes covers for plastering work above two storeys high
✔ Cover apprentices working for you
Industry association endorsements
We are proud to be the appointed broker to the Association of Wall & Ceiling Industries Australia & New Zealand Inc.
Get your certificate straight away
We send your Certificate of Currency straight after your online purchase of plasterers insurance through Marsh.
Exposed: Plasterers liability claim
Much like other trades, plasterers require a number tools and equipment to help get the job done. Imagine working at a client’s home and they slip, trip or fall over one of your plastering tools. You could be liable to pay for the medical expenses and any legal costs incurred, if there was a litigation claim following the incident. If you’re a sole trader or self-employed plasterer, a claim of this nature can even financially expose you personally.
In this case, having a public liability policy in place helps your plastering business cover the respective expenses for covered claims, instead of needing to pay these directly out of your bottom-line.
Don’t just smooth over any cracks in your policy: Check any inclusions and exclusions!
When it comes to reviewing different policies, we understand that the total premium is a key deciding factor; however, before making that final decision, there are a couple of other pieces of information to consider as well.
Not all policies look the same so it’s important to check what exclusions and inclusions are incorporated in the cover. We recommended reviewing the policy wording or product disclosure statement or going directly to your insurance broker to get a breakdown of what the policy cover looks like.
Our trades team work with insurance providers and industry bodies to ensure that cover arranged with Marsh is suitable for the risk needs of your sector. As insurance brokers, we negotiate competitive premiums on behalf of the trades industries to deliver value for our clients.
What insurance cover do I need as a self-employed plasterer?
The main form of insurance that self-employed plasterers and small business owners should consider arranging is public liability cover. Other insurance policies recommended for your business will depend on a couple of factors, including business size, performed services and business assets. However a few additional solutions you may want to review as a plasterer are:
Marsh can arrange insurance policies that help protect your plasterering business in a range of situations, so you don’t get stuck in wet cement.
Looking for policy documents?
If you're an existing customer, click below to request your Certificate of Currency, Policy Wording or Tax Invoice or call the team at Marsh on 1300 300 511.Request Policy Documents
Marsh Advantage Insurance Pty Ltd (ABN 31 081 358 303, AFSL 238 369)(Marsh) arrange insurance and are not an insurer. When arranging Public Liability Insurance, Marsh act under binding authority on behalf of Pacific Underwriting Corporation Pty Ltd (ABN 77 091 225 535, AFSL 237 270), who act as agent of the insurer, Chubb Insurance Australia Limited (ABN 23 001 642 020 , AFSL 239 687). The other insurance solutions referred to on this website are underwritten by various insurers. When arranging insurance for you, Marsh will disclose to you the insurer and the basis upon which it acts. This website contains general information, does not take into account your individual objectives, financial situation or needs and may not suit your personal circumstances. For full details of the terms, conditions and limitations of the covers and before making any decision about whether to acquire the product, refer to the specific policy wordings available from Marsh. The Association of Wall & Ceiling Industries Australia & New Zealand Inc. receives a financial benefit when a policy is arranged by Marsh Advantage Insurance enabling it to continue to provide further services to the plastering industry.