For Australian Rehabilitation Providers Association
Business Insurance is a package policy designed for small to medium businesses that offers you the flexibility to choose which sections of cover you want included.
The sections that can be selected are:
Property This covers loss or damage to buildings, contents and specified items due to events such as fire, storm or impact.
Business Interruption The disruption to your business following an event such as a fire can often have greater financial implications than the actual damage itself. Business interruption covers the reduction in your business income caused by the disruption and ensures that you can continue to meet your financial obligations such as rent, wages etc. as well as protect your profit.
Theft This covers theft of your contents and stock.
Money This covers money in transit or bank safe, on premises, whilst in a safe or in private residencies.
Glass This covers breakage of internal and external glass and signs.
Public and Products Liability This covers your legal liability for injury to others or damage to their property. This can also include liability arising from product defects.
Employee Dishonesty This covers fraud or dishonesty by your employees.
Machinery Breakdown This covers damage to machinery from mechanical, electrical and electronic breakdown as well as deterioration of goods under refrigeration.
Computer & Electronic Equipment This covers loss, damage or breakdown of computers and electronic equipment.
General Property This cover is primarily designed for property (excluding stock) which is moved around, like tools or professional equipment. Further information can be found on our General Property product page here.
Taxation Investigation This covers costs incurred by your accountant or registered tax agent (after receiving notification from the Australian Tax Office) in conducting an audit or investigation in relation to your liability to pay tax.
Reviewing your business with your insurance broker will help determine which of these sections suit your individual requirements– not all businesses will require cover from section of the policy.
Find out what Austbrokers Countrywide can do for your business. For an obligation free insurance review, talk with one of our specialist brokers today to find out more.