What Is Trade Pack Insurance?

June 21, 2023

A trade pack is a combination of policies customised to your specific needs. They include the following:

  1. Public Liability Insurance
  2. Tool Insurance
  3. Injury and Illness Insurance
  4. Commercial Motor Insurance

While smaller businesses and sole traders often start with the 2 in 1 package, larger companies may require multiple policies.

  • Ideal for new businesses and sole traders, 2-in-1 combines public liability and tool insurance for comprehensive cover while you’re on the job.
  • The 3-in-1 package includes public liability, tool insurance, and personal injury and illness insurance, offering added financial protection in case of injuries or illnesses that affect your ability to work.
  • The 4-in-1 trade package includes public liability, tool insurance, personal injury and illness insurance, and commercial motor insurance. It covers vehicle theft and accidental damage, including hail, storms, and collisions.

What Insurance Should I Have As A Roofer?

Roofing is a highly skilled craft that requires great knowledge and involves a certain amount of risk. As a roofer, you might consider getting public liability insurance, tools insurance, accident and sickness insurance, commercial motor insurance, vicarious liability insurance, contract works insurance and unlimited height cover.

Do Cleaners Need Insurance?

Though not compulsory, cleaners are highly recommended to have insurance to protect them, their clients, and their business. Insurance provides protection in case of accidents, damages, or any other unforeseen circumstances that may occur while performing cleaning services. Cleaners can consider having public liability insurance, workers’ compensation insurance and tools insurance cover.

Do Painters Need Insurance?

Yes, painters in Australia may need insurance. While it may not be a legal requirement in all states, it is highly recommended for painters to have insurance as it protects them and their business in case of accidents, damages, or any other unforeseen circumstances that may occur while performing painting services.

¹ Costs mentioned are approximate and subject to change.

Disclaimers: You should consider if the insurance is suitable for you and read the Product Disclosure Statement (PDS), Financial Services Guide (FSG) and policy wording before making a decision to acquire insurance. Please ask us for more details before we provide you with our services. Our FSG is available on our website.

Legal Disclaimer: The content – including publication links – on this website are intended only to provide a general overview on matters of interest. It is not intended to be comprehensive nor does it constitute legal advice. We attempt to ensure that the Content is current but we do not guarantee its currency.

General Advice warning: To the extent that any material in this document may be considered advice, it does not take into account your objectives, needs or financial situation, and is considered general in nature only. You should seek legal or other professional advice before acting or relying on any of the Content. All insurance policies contain exclusions of cover, and no claim is guaranteed. Refer to the Product Disclosure Statement.

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