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T&G Insurance Brokers

Insurance, Australia, New South Wales, Sydney

T&G Insurance Brokers specializes in providing comprehensive insurance solutions for businesses and individuals, with a focus on personalized service and expert risk management advice.

About T&G Insurance Brokers

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Basics

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Founded
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Total Employees
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Employees on Linkedin
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Employees on OWCareers
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Main Office
Australia, New South Wales, Sydney
Official Website
http://www.tgib.com.au
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FAQs – T&G Insurance Brokers

How do mutual insurance companies rank globally?

Mutual insurance companies like Nippon Life Insurance and New York Life Insurance Company are among the largest globally, with significant assets and premium writings, reflecting their strong market positions.


How can a company prove a cyber incident for insurance claims?

Businesses must provide forensic reports, logs, affected data details, financial impact assessments, and evidence of security measures to support their insurance claim.


What is flood insurance, and how does it work?

Flood insurance is a specialized policy that covers damage caused by flooding, including heavy rain, storm surges, overflowing rivers, and rapid snowmelt. Policies typically include two types of coverage: building coverage (for structural damage) and contents coverage (for personal belongings). There is usually a 30-day waiting period before coverage takes effect.


How do insurers use risk assessment to determine premiums?

Insurers evaluate risk using data such as age, health, driving history, location, and past claims. Higher risk individuals, such as those with chronic illnesses or multiple traffic violations, typically pay higher premiums.


Do claim adjusters always visit the property?

Not always. For minor claims, insurers may rely on photos, virtual inspections, or contractor estimates instead of an in-person visit by an adjuster.


How does Usage-Based Insurance work?

UBI works by collecting driving data through a telematics device installed in the vehicle or a smartphone app. This data is analyzed to determine driving habits, such as acceleration, braking, and distance traveled. Safe driving behaviors typically result in lower premiums, while risky driving can lead to higher costs.


Can I have different deductibles for different types of coverage?

Yes, many policies allow separate deductibles for different coverages. For example, in auto insurance, you may have a $500 collision deductible and a $1,000 comprehensive deductible.


Does renters insurance cover roommates’ belongings?

No, renters insurance only covers the policyholder’s belongings unless roommates are specifically added to the policy.


Comprehensive Market Research

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