Business Insurance

Insurance One can cover your business from the following incidents:

  • Business Interruption: If your business is interrupted as a result of a fire or other insured perils to either your business or to your major clients and suppliers, this cover ensures your ongoing expenses are paid and your anticipated net profit is maintained, through a provision of cash flow.

  • Burglary: When theft occurs involved violent, forcible entry, this policy covers your for loss or damage to stock, goods held in trust and all contents for which you are responsible within the premises. Note: It does not normally cover theft by employees or others entitled to be on the premises.

  • Computer & Electronic Equipment: In the case of fire, theft, accidental damage, breakdown and business interruption, this covers your computers and electronic equipment.

  • Employee Dishonesty: This covers you for loss caused by employees being fraudulent or dishonest.

  • Employment Practices Liability: This is a relatively new type of insurance protecting employers against claims and legal costs by employees arising from allegations of inappropriate conduct in connection with their employment. This could include, for example, sexual harassment, wrongful dismissal, or discrimination on the basis of age, race, sex or religion.

  • Engineering Equipment: This covers equipment against such risks as breakdown and explosion. Refrigerated or frozen goods can also be covered against deterioration. Some plants must be inspected and certified annually. This insurance is usually obtained within an engineering policy,

  • Fire & Perils: This covers destruction of, or damage to, your buildings and contents through fire and other perils such as lightning, explosion, malicious damage, earthquakes, storm, and water damage. (Note: Flood caused by an overflowing water course, such as a creek or river, is not covered by most standard fire and perils policies.)

  • Goods in Transit: This covers against loss or damage to your property while in transit, either within Australia or on a worldwide basis (depending on your needs).

  • Loss of Money: Cash and items such as postal orders, cheques and stamps are insured against theft from business premises or while in transit.

  • Products Liability: If you sell, supply or deliver goods, even in the form of repair or service, you may need cover against claims of goods causing injury or damage.

  • Public Liability Insurance: This is very important protection which covers you against potentially substantial claims by people who may suffer injury or damage to property while on your premises, or while you are working at their premises.

  • Property: This covers you for damage to buildings, contents and stock caused by fire & perils, theft and accidental damage.

  • Tax Investigations: Costs incurred by your accountant or registered tax agent (after receiving notification from the Australian Taxation Office) in conducting an audit or investigation in relation to your liability to pay tax.

  • Workers’ Compensation: This cover is compulsory in all states and territories. It covers claims arising from the death, injury or illness of employees arising out of their employment (under workers’ compensation law, or common law) and includes legal costs.

Contact Us to discuss with our business insurance brokers a Business Insurance options to suit you and your business.