Peter, 37, operated a building company with several staff. Peter injured his back at work and was forced to stay away from work for 4 months while recovering. As a result of Peter's absence the business did not win new tenders and estimated business revenues reduced. Peter was able to claim on his Business Expense policy to help cover the cost of rent, equipment finance repayments, staff wages and other fixed business expenses until he was fit to return to work.
Business expenses insurance covers business owners and operators in the event of sickness or injury, which could have a major impact on the business. Business Expense insurance covers fixed business expenses, enabling the ongoing operation of the business.
Contact Us to discuss with insurance brokers Business Expense Insurance options to suit your unique situation.