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Breaking news and interesting articles from our team of experts and other sources.

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Insurance & Industry News

Breaking news and interesting articles from our team of experts and other sources.

Affinity Insurance News

Chemical Fire in Canberra

Friday, September 16, 2011

A factory fire overnight has caused alarm in Mitchell ACT over potential hazardous gas or chemical leaks. There was a spectacular fire with plumes of smoke and explosions as the fire blazed out of control last.

http://video.au.msn.com/watch/video/huge-chemical-blaze-in-canberra/xj36qpr

http://video.au.msn.com/watch/video/firefighters-continue-to-fight-chemical-blaze/x8mwss5

A fire like this highlights the importance of Insurance for Manufacturing Businesses. Aside from the Physical Damage that the fire creates and has the potential to create in neighbouring properties, there are often losses that are not thought of immediately; from the cost of restricted access to neighbouring businesses, temporary accomodation for evactuated residents, ongoing wages for staff whilst the factory is rebuilt, Pollution (fire foam and contaminants) cleanup, to the very real possibility of fines or penalties from government departments.

It is important that every manufacturer have the right insurance in place for their business; dont get burnt, call one of our brokers on 1300 429 707 to review your insurance programme.

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