Change of Risk or Circumstances

[et_pb_section fb_built=”1″ disabled_on=”on||” _builder_version=”4.0.11″ background_color=”rgba(255,255,255,0)” background_image=”https://professionalindemnityinsuranceguide.com.au/wp-content/uploads/2018/04/Professional-Indemnity-Guide-Header.jpg” parallax=”on” transparent_background=”on”][et_pb_row column_structure=”1_3,2_3″ _builder_version=”3.25″][et_pb_column type=”1_3″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_image src=”https://www.professionalindemnityinsuranceguide.com.au/wp-content/uploads/2015/10/Professional-Indemnity-Cover-320.png” alt=”Professional Indemnity Guide Cover” align_tablet=”center” align_phone=”” align_last_edited=”on|desktop” _builder_version=”3.26.4″][/et_pb_image][/et_pb_column][et_pb_column type=”2_3″ _builder_version=”3.25″ background_color=”#30b8b8″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_code _builder_version=”4.4.6″ background_color=”#30b8b8″ text_orientation=”center” custom_margin=”||0px|” custom_padding=”15px||15px|” global_module=”1004″ saved_tabs=”all”] – You can modify the font style and form style to suit your website. – Code lines with comments ???Do not remove this code??? are required for the form to work properly, make sure that you do not remove these lines of code. – The Mandatory check script can modified as to suit your business needs. – It is important that you test the modified form before going live.–>

8 out of 10 small business owners aren’t sure what their Professional Indemnity policy needs to protect them. Are you one of them?
Get in the know with our free guide.

I Agree to the terms of the Privacy Statement

[/et_pb_code][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.4.3″][et_pb_row _builder_version=”4.4.3″][et_pb_column type=”4_4″ _builder_version=”4.4.3″][et_pb_text _builder_version=”4.4.6″]

Change of Risk or Circumstances

It is important that you notify your insurer or adviser of anything that represents a departure from your normal form of business during the insurance period.

Your insurer has assessed and accepted the risks of your insurance policy based on the information given. Therefore, alterations to your business or anything related to your business may have an impact on your insurance contract, underwriting guidelines and/or policy conditions.

 

Examples of Material Changes to your Business

Changes to your business that you would need to notify your insurer of, include:

  • Acquisition of new companies and/or mergers
  • Change of business activities
  • Contractual liabilities
  • Granting of indemnities or hold-harmless agreements

If variations such as the above are made to your business but not provided to your insurer, your claim could be prejudiced.[/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ module_id=”contact” _builder_version=”3.22″ background_color=”#27323a” custom_padding=”||0px|” global_module=”982″ saved_tabs=”all”][et_pb_row _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ background_position=”top_left” custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.4.6″ header_text_color=”#30b8b8″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” text_orientation=”center” background_layout=”dark” module_alignment=”center” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]

After Advice or A Quote?

Optimum Insurance Services are qualified insurance advisers. We welcome all enquiries in relation to our insurance products and services. To obtain advice or a competitive quotation enquire online. If you would like to discuss your specific needs further, please call 1300 739 861 and speak with our friendly and helpful advisers.

[/et_pb_text][et_pb_code _builder_version=”4.4.6″] – You can modify the font style and form style to suit your website. – Code lines with comments ???Do not remove this code??? are required for the form to work properly, make sure that you do not remove these lines of code. – The Mandatory check script can modified as to suit your business needs. – It is important that you test the modified form before going live.–>

I Agree to the terms of the Privacy Statement

Please enable JavaScript to submit form

[/et_pb_code][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ disabled_on=”off|on|on” _builder_version=”4.4.6″ background_color=”#3074B8″ custom_padding=”||0px|”][et_pb_row module_class=” et_pb_row_fullwidth” _builder_version=”4.4.6″ background_enable_color=”off” background_size=”initial” background_position=”top_left” background_repeat=”repeat” width=”89%” width_tablet=”80%” width_phone=”” width_last_edited=”on|desktop” max_width=”89%” max_width_tablet=”80%” max_width_phone=”” max_width_last_edited=”on|desktop” custom_margin=”||||false|false” custom_padding=”|20px||20px” make_fullwidth=”on”][et_pb_column type=”4_4″ _builder_version=”3.25″ background_position=”top_left” custom_padding=”|||” custom_padding__hover=”|||”][et_pb_image src=”http://www.professionalindemnityinsuranceguide.com.au/wp-content/uploads/2015/10/Professional-Indemnity-Cover-small1.png” alt=”Professional Indemnity Insurance Guide” title_text=”Professional Indemnity Insurance Guide” align=”center” align_tablet=”center” align_phone=”” align_last_edited=”on|desktop” _builder_version=”3.23″ animation_style=”slide” animation_direction=”left” animation_duration=”500ms” animation_intensity_slide=”10%” animation=”left” sticky=”off” use_border_color=”off” border_color=”#ffffff” border_style=”solid”][/et_pb_image][et_pb_text _builder_version=”3.27.4″ header_2_text_color=”#152f33″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” text_orientation=”center” background_layout=”dark” module_alignment=”center” custom_margin=”||0px|” custom_padding=”||0px|” border_style=”solid”]

GET YOUR FREE GUIDE NOW!

[/et_pb_text][et_pb_code _builder_version=”4.4.6″ global_module=”1228″ saved_tabs=”all”] – You can modify the font style and form style to suit your website. – Code lines with comments ???Do not remove this code??? are required for the form to work properly, make sure that you do not remove these lines of code. – The Mandatory check script can modified as to suit your business needs. – It is important that you test the modified form before going live.–>

I Agree to the terms of the Privacy Statement

Referral Source

[/et_pb_code][/et_pb_column][/et_pb_row][/et_pb_section]