Marsh Advantage Insurance Promotion
Safeguarding
your new business assets before EOFY
With a month left until the end of the financial year (EOFY), a number of Australian small businesses go through their expenses to ensure they are claiming all the appropriate deductions. As part of this many look to utilising the instant asset write-off scheme and purchase new or second-hand assets for their businesses. Whether it’s new tools, a commercial ute or upgrading old machinery, many plumbers and tradies use this period as an opportunity to check if their assets are in need of an upgrade or repair. While you are looking to save money and utilise business deductions, it’s equally important to make sure your new assets are covered.
Be sure to insure Did you know that in addition to public liability cover, Marsh can also arrange a variety of insurance solutions for your plumbing business? Some additional covers that plumbers often purchase and find valuable during EOFY, include: • Tools of trade helps cover your tools for replacement or repair if they become damaged, lost or stolen. For specified and unspecified items in your policy, tools insurance generally helps cover tradies for the total value once the excess has been paid. • Machinery and Equipment: This can help provide cover for your machinery and equipment for Request a quote from Marsh today At Marsh, we have insured over 3000 tradies across the country and have come to understand the unique and evolving risk profile of the industry.
accidental damage, malicious damage, storm damage, fire and theft. Plumbers may also wish to consider options for cover for hired machinery and equipment, loss of income, breakdown cover, road risk and third-party legal liability. • Commercial Vehicle: One of the more commonly claimed insurance policies for tradies is commercial motor vehicles cover. Many plumbers rely on utes, vans and cars to get from job-site to job-site which can increase their exposure for damage. Commercial vehicle insurance can help protect your ability to get the job done and help cover your vehicle against damage or loss. To arrange a quote or to learn more please visit marshplumbers.com.au or call 1300 300 511. Feel free to fill out our contact form and one of our dedicated trade’s team members will be in contact with you shortly.
Marsh Advantage Insurance Pty Ltd (ABN 31 081 358 303, AFSL 238 369) (Marsh) arrange this 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). This brochure 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. Statements concerning tax, accounting, and legal matters should be understood to be general observations based solely on our experience as insurance brokers and risk consultants and should not be relied upon as tax, accounting, or legal advice, which we are not authorised to provide. All such matters should be reviewed with your own qualified tax, accounting, and legal advisors. Depending upon an organisation’s facts and circumstances, certain tax or accounting benefits may be associated with this product. Organisations should consult with their tax, accounting, and legal advisors to determine whether such benefits would be applicable. The Master Plumbers and Mechanical Services Association of Australia receives a financial benefit when an insurance policy is arranged by Marsh for one of their members. LCPA 21/092
30 | Australian Plumbing Industry Magazine | Winter 2021
