A common mistake businesses make is underinsuring their assets. The education sector is no exception. Choosing the right insurance partner is vital. It’s something that needs to be put in place correctly from the outset. It’s too late once a crisis occurs. Just because you have insurance, does not mean you are adequately insured.
Austcover understands how to mitigate against risks specifically associated with the education and training sector. For instance, there is a lot of variation on insurance needs between colleges. This is largely determined by the college’s curriculum. For example, the risks involved with an aviation collage are going to be very different to that of a business college. As your broker, we will understand and review your business when tailoring insurance programs.
“Having worked together with Austcover for nearly 10 years, when it comes to insuring the private education and training sector, we can say with confidence that Austcover is the industry’s knowledge leader. Partnering with the experts at Austcover has made our job easier because in understanding the unique needs within the education sector, Austcover ensures we pay for the insurance we need. Also, because of Austcover’s buying power within this sector it is able secure coverage for the issues that matter to us most.”
Claire Field, CEO, Australian Council for Private Education and Training (ACPET)
