Business Insurance

Offering protection to your business premises for damage to buildings, contents and stock caused by theft, fire, perils and accidental damage. It can include:

• Earthquake and flood (sometimes an optional benefit)
• Reinstatement costs and extra cost of reinstatement
• Removal of debris

The disruption to your business following a fire or other insured event can often have more serious financial implications for your business than the actual damage itself. For example, if you are unable to provide goods to your customers to fulfil orders, you pose the risk of damaging the relationship with that customer and losing their business.

Business interruption covers the shortfall in your gross profit caused by the interruption to your business after an insured event. It includes:

• Cover following a loss under fire, money, burglary, glass and general property sections
• Payroll cover - because we know some employees are like family
• Additional Cost of Working - this provides cover for extraordinary expenses you may incur, to ensure that you can continue to run your business and meet your customers needs

This covers your legal responsibility to pay compensation to third parties (not employees) for bodily injury or property damage arising out of your business’ activities and products. It includes:

• Broadform liability wording covering personal injury and property damage claims
• Damage or loss of goods in your care, custody and control (most occupations)
• Automatic liability cover for registered vehicles whilst being used as a tool of trade

The theft section protects your stock and contents as a result of theft following forcible and /or violent entry. Extra costs such as the cost of replacing locks & keys can also be insured. This section does not require you to insure the full amount of your contents or stock. It can include:

• Theft without forcible and violent entry
• Theft of property in the Open Air
• Cover for money in transit, i.e. on the way to/from the bank or at home should you not get to the bank in time.
• Cover for damage to premises, damage to the safe, and replacement of locks and keys

Cover for accidental breakage of internal and external glass and signs. Includes:

• Cover for sign writing, temporary boarding or replacing damaged window frames.

Insuring against the loss of property insured (including money) resulting from the fraudulent behaviour or conduct of your employees. Cover can include:

• Claims preparation fees
• Superannuation funds, welfare, social and sporting clubs that are part of your business

Provides cover against unforeseen and sudden physical loss or damage to the machinery caused by breakdown, or damage to boilers and pressure equipment caused by explosion and collapse. Added benefits include:

• Refrigerated or frozen goods can also be covered against deterioration
• Additional cost of hiring temporary machinery

This cover is primarily designed for property (excluding stock) which is moved around, such as tools or professional equipment.