so he was confident he did not need BI cover. He may have still benefited from holding `Additional Increased Cost of Working' cover, as, for example, it could be used to pay the costs of hiring transport for patients that had to travel further to see him. lost revenue from different risks? of lost revenue caused by different triggers, including: · Cyber risks: A hacker manages to tamper with or demand a ransom. This may result in lost revenue (as it can be difficult to trade without patient records) and additional IT costs. the middle of summer and patients avoid the premises due to the heatwave, resulting in a loss of revenue. You wouldn't do your own taxes and would instead use an experienced accountant. Insurance is the same, so engage an insurance broker who has experience in the medical sector and have them complete a review of your particular circumstances. source the most appropriate cover for you. The broker works for you, so their duty is to you, not to the insurers, who will simply sell you the product they have on the shelf. Mariani on 02 9905 7005, 0419 017 011 or Representative of Insurance Advisernet Australia Pty Limited, Australian Financial Services Licence No 240549, ABN 15 003 886 687. Authorised Representative No 436893. Chris Mariani, Authorised Representative No 434578 The information provided in this article is of a general nature and does not take into account your objectives, financial situation or need. Please refer to the relevant Product Disclosure Statement before purchasing any insurance product. |