Boilermakers work in a high risk industry, however you are in good hands! Coverscope specialises in the high risk construction sector.
Boilermaker Insurance Australia
Boilermakers Insurance refers to insurance coverage specifically designed for professionals in the boilermaking industry in Australia. Boilermakers are skilled tradespeople, they construct, assemble, install, and maintain all types of fabricated metal products, which are used in various industries such as power generation, oil and gas, manufacturing, and construction. They often work in physically demanding environments and may be required to work at heights, in confined spaces, or in extreme temperatures.
Types Of Insurance Boilermakers Need
Coverscope offers specific coverage tailored to the unique risks faced by boilermakers. These insurance policies typically provide protection against liabilities, property damage, and personal injury that may occur during the course of your work.
Public Liability Insurance
This coverage protects boilermakers against claims for personal injury or property damage caused to third parties during the course of their work.
Product Liability Insurance
This insurance covers boilermakers against claims arising from defects or faulty products they have manufactured or supplied, such as boilers or other metal structures.
Tools and Equipment Insurance
This coverage protects boilermakers’ tools and equipment against loss, theft, or damage while on the job.
Workers’ Compensation Insurance
This insurance is mandatory for employers in Australia and provides coverage for work-related injuries or illnesses suffered by boilermakers and other employees.
Professional Indemnity Insurance
This insurance provides coverage for professional advice or services provided by boilermakers, protecting against claims of negligence or errors in their work.
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Boilermakers Insurance Quote
Insurance is a crucial aspect of the boilermaker profession in Australia. It safeguards boilermakers’ well-being, protects them from potential liabilities and financial losses, and ensures compliance with legal requirements. Insurance coverage provides peace of mind and contributes to the long-term sustainability and success of your boilermaking businesses. When looking for the right insurance for your Boilermaking business, Coverscope are the experts, get in touch today and organise your insurance quote.
What usually isn’t covered?
Exclusions, the excess you need to pay and limits of liability can vary greatly depending on your insurer.
Public & Products Liability Policies generally won’t include cover for:
Cost of rectifying faulty workmanship
Damage to your own product
Claims by employees
Claims arising out of the use of a registered motor vehicle
Claims related to asbestos
Jake owns a successful boilermaker business, specialising in the fabrication and installation for industrial clients.
During the construction of a large project for a manufacturing plant, a welding accident occurred, resulting in injuries to several workers and damage to the equipment.
The injured workers filed workers’ compensation claims against Jake’s business, and the manufacturing plant demanded compensation for the damaged equipment. Without insurance coverage, Jake faced substantial financial liabilities.