At Liability Insurance, we're honored to be part of the esteemed Financial Services Online collective and proudly operated by Clark Family Pty Ltd, A.C.N. 010 281 008. Our mission is to connect Australian individuals and businesses with the finest financial products, services, information, and guidance available online.
We want to make it clear that we don't advocate for any particular financial product nor do we offer financial advice. Any inquiries about products or requests for financial advice are directed to expert financiers, insurers, or financial advisers who are equipped to assist you based on your situation. In some instances, Liability Insurance might receive a fee or commission for these referrals.
The financial insights available on this site, including articles and news updates, are intended solely for informational use and should not be acted upon without first consulting with a trained and licensed Financial Adviser to discuss your unique circumstances.
It's crucial that, before deciding to acquire any services or products mentioned by Liability Insurance, you seek advice (from our referred specialists or another qualified professional) to ensure that they're suitable for your personal objectives, financial situation, and requirements.
Our goal is to seamlessly connect individuals with the best financial solutions and to ease access to specialized financial expertise.
Licensing Information for Australian Financial Services & Credit
This site is under the ownership and operation of Clark Family Pty Ltd (as Trustee for the Clark Family Trust), located at 43 Larch Street Tallebudgera QLD 4228, A.C.N. 010281008. Our status as an Authorized Credit Representative of Saccasan Pty Ltd, bearer of Australian Credit License 386297, and Authorized Financial Services Representative of Unique Group Broker Services, with Australian Financial Services License 509434, underscores our credibility. For further licensing details, please visit the ASIC website.
Follow us!
We are a proud member of the Financial Services Online network!
Connect with us on your favourite social media platform for the latest financial news, views, tips, tricks, resources and information.
Running a small business can be both rewarding and challenging. One of the key challenges is the variety of risks that can arise unexpectedly. These risks can range from financial uncertainties to operational hiccups, each potentially impacting your business's success. Understanding these risks and preparing for them is crucial for the longevity and sustainability of any small enterprise. - read more
Liability insurance is a type of coverage designed to protect you from claims arising out of injuries or damages to other people or property. For freelancers, who often juggle multiple projects and clients, liability insurance can offer a safety net that reduces financial risk and instability. - read more
Welcome to the complex world of running a small business in Australia where navigating through liability risks is as crucial as managing daily operations. This article is crafted to illuminate why every Australian small business needs liability coverage — a shield to protect against potential financial catastrophes. - read more
Liability insurance is a form of insurance designed to offer protection against claims resulting from injuries and damage to people or property. It covers legal costs and any payouts for which the insured party would be responsible if found legally liable. Intended to protect against claims resulting from injuries and damage to other people or property, liability insurance is critical for small businesses as it shields them from potentially crippling legal expenses. - read more
The Insurance Council of Australia (ICA) is advocating for comprehensive reforms in liability laws to tackle rising insurance premiums, particularly impacting sectors such as live music venues, festivals, caravan parks, and amusement venues. The call comes with the release of a white paper highlighting that outdated state-based civil liability laws, untouched for nearly 25 years, are inflating costs significantly. - read more
In 2024, Australia's insurance industry reported a collective after-tax profit of $6.1 billion, a significant increase from the five-year average of $2 billion. This surge is attributed to substantial premium hikes and a relatively quiet year for natural disasters. - read more
Australian businesses are confronting escalating insurance premiums, driven by a surge in break-ins and thefts. This trend is placing additional financial strain on business owners already navigating a complex economic environment. - read more
In a significant regulatory development, Allianz Australia and its subsidiary, AWP Australia, have been fined $16.8 million for making false and misleading statements. This penalty underscores the critical importance of transparency and honesty in the insurance industry. - read more
Moral Hazard: The concept that individuals may take on more risk when they do not bear the full consequences of that risk, often relevant in insurance scenarios.
