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Plumber

The best way to answer this question is to talk with an insurance expert about your individual needs and objectives, but here’s a quick run down to get you started:

Do you work for a living?

If you work to earn a living, either for yourself or someone else, you need income protection. Income protection will pay you a monthly benefit in the event that you are unable to work due to injury or illness. This benefit will allow you to continue paying the mortgage and all those bills whilst you’re not earning an income.

Trauma and TPD (Total & Permanent Disability) insurances are also very important. Trauma insurance will pay you a lump sum if you suffer a specified trauma event such as heart attack, stroke or cancer. The lump sum can be used to access the best care in the world without having to worry about financial concerns.

TPD insurance will pay out a lump sum in the event that you deemed unable to work ever again. The lump sum can be used to any purpose, including access to the best health care and rehabilitation, as well as paying for home and vehicle modifications that may be required in the event of being in a wheelchair or similar.

Do you have any debts and/or a family to support?

If you have any debts or have a family to support, life insurance is absolutely vital. The lump sum received upon your death or diagnosis of a terminal illness can be used to extinguish your debts, relieving your family of the debt burden. Life insurance can also provide a lump sum amount that can be used to support your family financially if you’re no longer around.

Do you work for yourself?

Public liability is a must for anyone who works for themselves, and for many tradies it is mandatory to have such cover. Public liability will cover you in the event that someone tries to take action against you for any injury or loss they have suffered.

Do you have valuable tools of trade?

Tool insurance will protect you in the event that your tools are lost or stolen. This cover will help you get back to business as soon as possible if someone was to take your gear.

Does your business have key staff who contribute to your profits?

Key person insurance allows you to ensure against the loss of a key person in your business due to injury, illness or death. The lump sum can be used to replace lost revenue and/or provide funds to hiring and training of a replacement.

There are many other type of insurance which may or may not be right for you. We strongly recommend that you speak with a qualified insurance expert in all cases. Call us today on 1800 808 800 to discuss your needs with an insurance expert.

Tradies Love Trade Risk

In 2017 Trade Risk was awarded a Gold Trusted Service Award for the amazing service we offer to thousands of tradies from around Australia.

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    "Excellent and prompt attention. Jennifer Steger was great in sorting the policy for me. Thanks"
    | Trade Insurance - Renewal |
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    "Easy to deal with, no massive price increase."
    | Trade Insurance - Renewal |
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    "I still haven't received my insurance certificate."
    Ashley Peter Bolger | Tradesman Insurance |
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    "Jennifer Steger is so easy to work with, always finds me the best deal and because I’m hopeless with the paperwork she politely follows me up and makes sure I get it done on time."
    Common Sense Project Solutions Pty Ltd | Trade Insurance - Renewal |
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    "Fast response and turn around - highly recommend Trade risk!"
    Herbal Pty Ltd | Trade Insurance - Renewal |
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    "Excellent customer service from the account manager..flexible to insurance requirements and quick to respond"
    Andrew James Tims | Tradesman Insurance |
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    "Ive had insurance with this crowd in the past. I went to renew my membership in the past as I had let it lapse a couple of months. The price went up 30% so I didn't go with them. Then 3 months later I go back to there website and I get my insurance again for the same as original."
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    "good service"
    Hansford Projects Pty Ltd | Tradesman Insurance |
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    "Great service as always. Would recommend."
    | Trade Insurance - Renewal |
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    "Good service"
    Build it up constructions | Tradesman Insurance | Ipswich
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    "I needed urgent cover and Helen at Trade Risk was so helpful and had me covered at a really competitive rate. Details of the cover were explained so I am confident I have the cover I need. I would definitely recommend Trade Risk."
    Tim Billing | Tradesman Insurance | Brisbane
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    "The best Insurance"
    Ondrej Balogh | Tradesman Insurance |
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    "Good service"
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    "Good very easy to get a policy"
    Ricky P Jamieson | Tradesman Insurance |
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    "Great service will recommend to others."
    Jason Edward Styles | Tradesman Insurance |
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    "The process of renewal of my Trade Risk seemed to be done efficiently and timely!"
    Cornerstone Tiling Pty Ltd ATF PS.23 Family Trust | Tradesman Insurance |
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    "Reasonable prices efficient and friendly staff"
    Ian Spicer | Tradesman Insurance |
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    "There was a problem with the account details and just a quick phone call and as I was away at work no threats just please fix it when you get back they could have made a big deal out of nothing but didn't and I feel that is great customer service."
    Matthew John Mcgee | Tradesman Insurance |
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