When a weather-related catastrophe such as a cyclone strikes, the cost of recovery and reconstruction can create a significant financial burden on individuals, businesses, and organizations of all sizes.
These violent and often unpredictable storms represent a major risk. The destructive winds can also bring heavy floods, soil erosion, widespread damage, and loss of life. They are some of the most costly natural hazards property owners may face.
Those in high-risk areas should proactively prepare to mitigate the risk of cyclone-related damages, to protect property and people, and establish a clear path to a faster recovery in the aftermath.
“Marsh Pty Ltd (ABN 86 004 651 512, AFSL 238983) (“Marsh”) arrange this insurance and is not the insurer. The Discretionary Trust Arrangement is issued by the Trustee, JLT Group Services Pty Ltd (ABN 26 004 485 214, AFSL 417964) (“JGS”). JGS is part of the Marsh group of companies. Any advice in relation to the Discretionary Trust Arrangement is provided by JLT Risk Solutions Pty Ltd (ABN 69 009 098 864, AFSL 226827) which is a related entity of Marsh. The cover provided by the Discretionary Trust Arrangement is subject to the Trustee’s discretion and/or the relevant policy terms, conditions and exclusions. This website contains general information, does not take into account your individual objectives, financial situation or needs and may not suit your personal circumstances. For full details of the terms, conditions and limitations of the covers and before making any decision about whether to acquire a product, refer to the specific policy wordings and/or Product Disclosure Statements available from JLT Risk Solutions on request. Full information can be found in the JLT Risk Solutions Financial Services Guide.”