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    Equipment Insurance Articles

    What Paperwork is Necessary When Applying for Plant and Equipment Insurance?
    What Paperwork is Necessary When Applying for Plant and Equipment Insurance?
    In the bustling world of business, safeguarding your assets is crucial. This is especially true for industries reliant on machinery and equipment. One essential type of coverage for such businesses is plant and equipment insurance. It provides financial protection against risks associated with the loss or damage of your essential tools. - read more
    Is Plant and Equipment Insurance a Legal Requirement for Australian Contractors?
    Is Plant and Equipment Insurance a Legal Requirement for Australian Contractors?
    Plant and equipment insurance is a specialized type of coverage designed to protect construction and contracting businesses against financial losses related to their machinery and tools. This includes any equipment used in the delivery of services, such as excavators, cranes, and other vital equipment. In essence, this insurance safeguards your investment, providing peace of mind as you focus on your projects. - read more
    Unlock Savings: How Bundling Your Plant and Equipment Insurance Can Reduce Premiums
    Unlock Savings: How Bundling Your Plant and Equipment Insurance Can Reduce Premiums
    Plant and equipment insurance is a specialized type of coverage designed to protect your crucial assets. This insurance typically covers machinery, tools, and various equipment used in the operations of your business. It ensures that, in the event of damage or theft, you won’t face major financial setbacks. - read more
    Understanding Owned vs. Hired-In Plant Insurance: A Comprehensive Guide for Australian Businesses
    Understanding Owned vs. Hired-In Plant Insurance: A Comprehensive Guide for Australian Businesses
    Understanding plant and equipment insurance is crucial for any contractor in Australia. This type of insurance protects your valuable machinery and tools from unforeseen events that could disrupt your business. Without proper coverage, equipment damage or loss can lead to significant financial strain, potentially jeopardizing your operations. - read more
    General Liability Insurance vs. Plant and Equipment Insurance: What You Need to Know
    General Liability Insurance vs. Plant and Equipment Insurance: What You Need to Know
    When it comes to running a business, insurance is one of those things that often gets overlooked. However, understanding the different types of insurance is crucial for protecting your business assets and ensuring your peace of mind. Among the many options available, plant and equipment insurance is vital for businesses that rely on machinery and various tools. - read more

    Insurance News

    AIA Australia Introduces Enhancements to Priority Protection Life Insurance
    AIA Australia Introduces Enhancements to Priority Protection Life Insurance
    28 Feb 2026: Paige Estritori
    AIA Australia has announced significant updates to its Priority Protection life insurance suite, effective from 9 November 2025. These enhancements are designed to simplify discounts, improve policy clarity, and support premium affordability for policyholders. - read more
    Decline in Life and Income Protection Insurance Premiums Benefits Australians
    Decline in Life and Income Protection Insurance Premiums Benefits Australians
    28 Feb 2026: Paige Estritori
    Recent data indicates a notable decline in life and income protection insurance premiums across Australia, providing consumers with more affordable coverage options. According to the latest Direct Life Insurance Report from Rainmaker Information, direct life premiums have decreased by 7% since 2024. Similarly, direct income protection premiums have seen significant reductions, with average premiums for waiting periods of 30 days and 90 days decreasing by 12% and 13%, respectively. - read more
    Club Marine Launches Land-Based Insurance for Race Boats
    Club Marine Launches Land-Based Insurance for Race Boats
    28 Feb 2026: Paige Estritori
    Club Marine, Australia's leading boat insurance provider, has expanded its offerings to include land-based insurance coverage for race boats. This initiative is designed to support participants in the Australian Offshore Superboat Championship (AOPC) by providing protection for their vessels while on land. - read more
    Pantaenius Australia Offers New 90-Day Lift Cover for Boat Maintenance
    Pantaenius Australia Offers New 90-Day Lift Cover for Boat Maintenance
    28 Feb 2026: Paige Estritori
    Pantaenius Australia, a specialist in marine insurance, has introduced a 90-day lift cover policy designed to provide boat owners with third-party liability insurance while their vessels are out of the water for maintenance or survey purposes. - read more
    Australians File Record 111,373 Financial Complaints in 2025
    Australians File Record 111,373 Financial Complaints in 2025
    28 Feb 2026: Paige Estritori
    In 2025, Australians lodged a record 111,373 complaints with the financial watchdog, marking a 14% increase from the previous year. This surge underscores growing consumer dissatisfaction and challenges within the financial services sector. - read more

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    Insurance:
    In law and economics, insurance is a form of risk management primarily used to hedge against the risk of potential financial loss.