Farms are dangerous places, with a huge number of accidents involving vehicles such as quad bikes, tractors or other farm equipment.
In fact, recent research shows farm vehicles account for 50 per cent of accidents on Australian farms. Aside from obvious perils such as these, there are many other risks that require insurance cover on farms.
QBE Insurance (QBE) is reminding families to stay safe this winter after research* revealed 73 per cent of Australians are engaging in behaviour exposing them to home fire risk.
Many small businesses don’t have enough cover when it comes to business continuity, flood insurance and also certain speciality policies, leaving them vulnerable when they suffer a calamity. This can drastically reduce their profits or, worse, see them shut their doors permanently.
COVID-19 has led to new cyber threats, with figures from the Australian Competition and Consumer Commission showing Australians have lost $309,108 to phishing scams since the start of the pandemic in 2020. This year to date, the commission has received more than 10,000 scam reports.