21 October 2020
By Peter Moran
The COVID-19 pandemic has had a profound impact on all facets of our lives – not just on a personal level, but also professionally. Here are some practical steps you can take to mitigate the risk of a potential Coronavirus-related claim.
While restrictions have eased, there’s no place for complacency and the risk of a COVID-19 related claim remains a very real risk for agents. Failure to properly enforce social distancing measures and comply with legislation changes could potentially result in a range of claims, such as:
It’s essential for all agencies to take serious and considered precautions in response to the significant financial and reputational risks posed by potential COVID-19 related claims. For example:
If you’re in any doubt about your obligations in relation to the enforcement of social distancing measures or the operation of COVID-19 related legislation, you should seek legal advice.
The information contained in this article, which is current as at the date of publication, provides only a general overview of subjects covered. It is not intended to be taken as legal advice or advice regarding any individual situation and should not be relied upon as such.
Realcover’s professional indemnity insurance policy has been designed with your needs in mind. For more information and to discuss your insurance needs, please contact Realcover by speaking with JLT representative on 1800 990 312 or email [email protected]
PETER MORAN is a Partner at Colin Biggers & Paisley (which is a panel lawyer of QBE).
Realcover is underwritten by QBE Insurance (Australia) Ltd and managed by JLT.
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