What can it cover?
Business insurance packs can offer general protection for a business, which may include cover against:
|Type of cover
|Repair or replacement of property damaged.
|Loss of trading profit following insured damage to property and additional costs and expenses incurred during a claim.
|Repair or replacement of property stolen.
|Loss of money.
|Public or products liability
|Your liability to pay compensation for personal injury and property damage as well as the costs involved in defending a claim triggered by the policy.
|For replacing glass inside or outside your premises, including your shopfront windows, mirrors or display cases.
|For stock that is in transit on the road, in the air or by sea.
|Electronic equipment breakdown
|For repairing or replacing electronic equipment that breaks down.
|Cover for costs associated with machinery breakdown.
|To cover your tools of trade, including laptops and tools that you use for your profession or trade.
|To cover the costs of being audited by the ATO.
|Direct financial loss of the business caused by the dishonest or fraudulent conduct of an employee which is first discovered during the period of insurance.