Smart Business Insurance
Level 11, 484 St Kilda Road Melbourne, VIC3004
$ Phone: 1300 542 573 info@smartinsure.com.au

SEARCH by Your Business Description or Type of Insurance you are after

Eg. I.T. consultant, carpenter etc. or public liability, professional indemnity etc.

1300 542 573

TALK to a SMART Business Insurance adviser

What is Broadform liability insurance ?

Broadform liability typically refers to an insurance policy which covers both public liability as well as product liability.

A broadform liability insurance policy that combines cover for both public liability and product liability will typically protect your business for the legal costs, the costs of defending the action and cost of compensation to a third party, resulting from death, injuries or property damage caused by negligence, in relation to your goods or services.

Public liability insurance may cover your business for claims against:

  • Damage to someone else’s property
  • Personal injury to someone not employed by you

Product liability insurance may protect your business when products you have supplied or manufactured cause harm, injure someone or cause property damage.

Does your need business need broadform liability insurance?

Broadform Liability insurance, combining both public liability and product liability, is strongly recommended for Australian businesses, as claims for accidental injury, property damage and product liability claims are potentially very expensive.

In Australia, for sole traders and many small businesses product liability insurance is frequently included with public liability insurance in a combined public and products liability, or broadform liability, policy.

For most businesses, it’s vital to have broadform liability insurance so that you may be covered whether the responsibility lies with your business activities or your products.

If you want more information about broadform liability insurance, and whether it is suitable for your business, TALK to a SMART Business Insurance broker on 1300 542 573 or email us at enquiry@smartinsure.com.au

How much does broadform liability insurance cost?

So, how much will broadform liability insurance cost you?

The cost of broadform liability insurance for your business depends on a number of key factors including:

  • The nature and scope of your business
  • Your business turnover and size
  • Amount of insurance cover your business needs

Broadform Liability Insurance cost for sole traders, consultants and contractors start from $380 for office based occupations and from $500 for trade based occupations.

Broadform liability insurance broker quotes

Our helpful business insurance brokers may be able to help you find suitable and affordable broadform liability insurance for your business

Depending on the nature and size of your business, certain insurance companies may offer better terms.

Our SMART insurance brokers may obtain multiple quotes on suitable broadform liability insurance policies for your from leading insurance companies such as Vero, Zurich, and AIG or if applicable from a specialist underwriter .

For a suitable and affordable broadform liability insurance quote for your business, TALK to a SMART Business Insurance broker on 1300 542 573 or email us at enquiry@smartinsure.com.au

1300 542 573

TALK to a SMART Business Insurance adviser

Business Hours:

Monday – Friday 8.45 am - 6.00 pm AEST