Sole Traders ML Insurance

Berkley Insurance Australia has developed Sole Traders Management Liability because Private Company Management Liability policies are not suitable for Sole Traders.

Companies are incorporated and as a result, their ML policies require company reimbursement clauses. Sole Traders by their very nature are not incorporated and, therefore, require a bespoke ML contract – called Sole Traders Management Liability, or STML.

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Advancement of Costs and Emergency Defence Costs

Pollution Costs

Workplace Health & Safety Incidents

Employment Issues

Tax Audits / Investigations

Employee Theft

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  • Bookkeepers
  • Individual consultants
  • Tradesmen
  • Financial planners
  • IT consultants
  • Freelance writers
  • Landscapers and gardeners
  • Direct retailers
  • Allied health consultants
  • Dependent on nature of services undertaken by the sole trader


Claims Example

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Management Liability policies encompass a number of different covers including, but not limited to, Directors & Officers Liability, Company Liability and Employment Practices Liability.

Claims against either an Insured Person or Company can range from demands for compensation or damages to criminal or regulatory proceedings.

Companies regularly seek cover under the Employment Practices Liability extension for circumstances concerning Unfair Dismissal, harassment, discrimination and other related wrongful acts.

Unfair Dismissal claims are typically commenced in the Fair Work Commission via the lodgment of an Application by the claimant party.  BIA regularly responds to such applications with the aid of its specialist employment law panel partners and we aim to resolve such matters by the most appropriate means.

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Management Liability Insurance

Management Liability Insurance will protect Directors and Officers as well as the Company against a Wrongful Act committed in the management of the Company.

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Professional Indemnity Insurance provides protection for your business against a claim made by a client alleging they have suffered a financial loss as a result of your negligence or a breach of professional duty from services provided by your business.

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Public & Products Liability Insurance

Public and product liability insurance protects businesses from paying compensation to a third party in the event of personal accidents, injury or property damage resulting from any business activity and manufactured or supplied product.

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