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At Trade Risk we believe strongly in providing the highest levels of cover to protect tradies from the risks they face.

That’s why, unlike most other insurance brokerages, we employed a qualified financial planner to provide income protection and life insurance advice to our clients.

You see, proper income protection is a class of life insurance, and it requires staff with different qualifications as well as a different licence.

An insurance broker operating under a general insurance licence cannot provide advice on this type of cover.

What they might call “income protection” is actually a personal accident and sickness type of policy, which all insurance brokers can provide advice on.

Proper income protection involves a much more in-depth advice process, more questions, more paperwork and typically takes a lot longer to have it setup.

In most cases it is more expensive too, but you are receiving a far more comprehensive level of cover with some very important differences.

Whilst plenty of tradies have elected to take their income protection to this level, the reality for us has been that most don’t want to, and they’re more than likely opting instead for a personal accident policy through another broker.

The result was that it was costing us more to provide income protection insurance than we were actually making from it!

So we’ve had to make the tough decision to no longer employ a financial planner and to cease offering income protection in-house at Trade Risk.

Effective from Friday 4th October 2019 we will no longer be offering income protection here at Trade Risk.

We will still be offering personal accident and sickness insurance, and we can still refer you to a financial planner if you prefer the higher level of cover.

What if I already had income protection with Trade Risk?

You will have been dealing with our financial planner, Paul Simpson.

Whilst Paul will no longer be employed by Trade Risk, the great news is that he will still be looking after you and will still be working closely with our team.

To put it into construction terms, you could say that Paul is becoming a subbie!

That’s not technically correct, but you get the idea.

Paul will continue to manage your income protection and life insurance, and will be responsible for all advice, ongoing service and claims etc.

Paul will be authorised via Synchron, which is the same group that he was authorised by when employed by Trade Risk, so there really is little difference following this change.

These changes in no way affect your business insurance, which continues to be managed by our award-winning Trade Risk team.

For more information please call our office on 1800 808 800.

Tradies Love Trade Risk

In 2020 Trade Risk was awarded the Platinum Trusted Service Award for the amazing service we offer to thousands of tradies from around Australia.

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    "Reasonable value"
    John Alan Dent | Trade Insurance - Renewal |
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    "Extremely helpful and efficient service. Helped me throughout the process, even with silly questions, all on the day my insurance was due."
    | Trade Insurance - Renewal |
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    "I have been with Trade Risk for a couple of years. Their service is how I want to be treated so I keep dealing with them. They call me without fail every year when the policy is due. Great stuff. Should be more of it."
    Gary Rodney Latcham | Trade Insurance - Renewal | Australia
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    "Good ,friendly,easy to understand people"
    Michael Gardner | Trade Insurance - Renewal | Sydney
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    "So quick and easy no fuss"
    Damian Webster | Trade Insurance - Renewal |
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    "Cost effective"
    Joseph Francis Wynen | Trade Insurance - Renewal |
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    "Happy with there work kept me informed Was happy with overall results tgankyou"
    G Burley Plumbing Services Pty Ltd | Trade Insurance - Renewal |
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    "Everything"
    Airlie Beach Painting Pty Ltd | Trade Insurance - Renewal |
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    "Yes Good follow through from Demi Good premium"
    Richard William Morris | Trade Insurance - Renewal |
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    "Keisha went over and above to explain all the relevant info regarding my policy. Highly recommended."
    | Trade Insurance - Renewal |
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    "Trade Risk have provided all my business insurances for a number of years now. Their premiums are competitive and their service and support is excellent."
    Douglas John Hill | Trade Insurance - Renewal |
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    "Able to find reasonable and appropriate insurances"
    | Trade Insurance - Renewal |
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    "Trade Risk makes it easy to assess your insurance needs and organize cover."
    Alister Andrew Campbell | Trade Insurance - Renewal |
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    "Very helpful"
    Bruce Winton Lancaster | Trade Insurance - Renewal |
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    "They took the time to access my business activities , to give me the best cover at a resonable price."
    Gary Lee Halloran | Trade Insurance - Renewal |
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    "Good service, fare price and proactive."
    ADJ Electrical (QLD) Pty Ltd | Trade Insurance - Renewal |
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    "Trade risk make insurance easy, staff are very helpful and great to deal with. Thanks again."
    | Trade Insurance - Renewal |
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    "Yes can highly recommend them"
    Rodney Darren James Haycraft | Trade Insurance - Renewal |
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