MANAGEMENT LIABILITY INSURANCE

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What is Management Liability Insurance?

Management Liability Insurance protects individuals and the company in relation to the various exposures associated with managing a company. This insurance can shield the firm from lawsuits brought by past and present directors, executives, employees, or the company itself due to errors or intentional wrongdoing, including fraud. It can pay for the price of looking into, defending against, and resolving third-party claims in addition to covering any damages the company is accountable for.

What Does Management Liability Insurance Cover?

Directors and Officers Liability

  • Protect directors and officers from claims arising from wrongful decisions committed in their managerial capacity.

Employment Practice Liability

  • Cover claims associated with employment practices, including wrongful dismissal, discrimination, or harassment.

Crime Liability

  • Protect the company from losses due to employee theft and claims arising from employee actions.

Other Insurance

Business Package Insurance

  • Protect your business from personal injury or accident claims as a result of the franchise business.
  • Protect your franchise business from the risks of theft and epidemics that cause business interuption.
  • Protect businesses from damage due to unexpected situations.
  • Protect financial stability by compensating for lost income during disruptions due to property damage, or other unforeseen events.

Commercial Property Insurance

  • Cover a wide range of scenarios, including fire, accidental, and criminal damage, as well as the costs associated with business interruption.
  • Protect your business from loss or damage to the glass windows, signs, and showcases at your property.

Cyber Insurance

  • Ensure the security of your business against cyber threats and the consequential financial repercussions is of utmost importance, particularly as Australia remains a significant focus for global cyber criminal activities.

Business Interruption Insurance

  • Cover lost income and operational expenses during periods when vehicles are of service due to accidents, breakdowns or other covered events.
  • Ensure financial stability by compensating for lost income during disruptions due to property damage, or other unforeseen events.

Professional Indemnity Insurance

  • Protect professionals providing advice or services for a fee.
  • Cover claims made against them for alleged negligence or breach of duty arising from their professional services.

Public Liability Insurance

  • Cover Third Party’s personal injury and property damage resulting from your crossfit exercises.
  • Provide coverage for legal defense fees, compensation payments, medical costs for injured individuals, and expenses for repairing or replacing damaged property.

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Why It Is Important:

a financial icon

Financial Security

a mind icon

Peace of Mind

Long-Term Success

Legal Compliance

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Fitness Insurance

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Get your Management Liability Insurance quote now!