Management Liability Insurance
Vital cover for You and your Company!
Management Liability Insurance can protect you and the company against the risks and exposures associated with a company. That is, your liability for mismanagement.
It’s not only Directors and Officers or large public companies who may be exposed to personal liability. Small to medium sized private companies can also be at risk.
Without sufficient protection you could risk losing everything – including your business and your personal assets! Look at Management Liability Insurance as protecting your personal wealth and lifestyle.
Types of Covers included in Management Liability
The types of covers included in Management Liability Insurance policies can vary between insurer but generally, cover can be provided for:
Employment Practices Liability
Covers payouts for claims of employment breaches, such as wrongful dismissal, bullying and discrimination.
Directors’ and Officers’ Liability
Protects your proprietary limited company’s past, present and future directors, officers and managers against claims of wrongful acts, such as misrepresentation or breach of duty (subject to business size).
Protects your business against claims such as employee or third party fraud (not all criminal activity is covered).
Covers costs that your business would incur if you need to defend and settle claims from outside parties alleging wrongful conduct, as well as investigation into the affairs of the company.
Covers the cost of defence, fines and penalties under some statutes (eg. Work Health and Safety).
Covers your legal costs if your business ends up in court.
Flexible payment options
When it comes to paying for your insurance, we can offer a range of payment options to help improve your cash flow.
Not all insurance policies are the same
Not all insurance policies are the same and you usually get what you pay for. It’s a case of “buyer beware”. We compare the differences between insurance policies which helps us arrange the most appropriate insurance policy for you and provide you with the right advice, allowing you to make an informed decision.
Access to more insurers
We have access to a wide range of insurers, including those who don’t deal with the general public. This provides more options for your consideration and helps ensure you can receive the best level of cover available.
Don’t wait until it’s too late!
There’s so much to take into consideration when deciding which policy best suits your specific needs and requirements. Contact our team of qualified and experienced insurance brokers today for the right insurance cover and the right advice.
Need an insurance quote?
For professional advice and to request an insurance quote, click on the ‘Get A Quote’ link below to provide us with your details and one of our qualified & experienced insurance brokers will contact you as soon as possible.
Alternatively, contact us today on 1800 273 256 to speak to an insurance expert.
Information provided on this website is general advice only and has been prepared without taking into account your objectives, financial situation or needs. Steadfast Brecknock Insurance Brokers Pty Ltd, ABN 85 060 524 503, AFSL 239942.