Business Insurance

Business Insurance

Clients such as Squash Centres, Golf Clubs, Rugby & Rugby League Clubs and Service Stations have benefited from our services.

Business insurance can be divided into three categories:

  • assets and revenue
  • liability
  • personnel

There are many different insurance policies available to businesses.

Commonly used insurance policies are:

Fire and other perils - designed to cover the building, contents and stock of the business against fire, earthquake, lightning, storms, impact, malicious damage and explosion.

Business interruption or loss of profits - provides cover if the business is interrupted through damage to property by fire or other insured perils. Ensures that anticipated net profit is maintained, pays employee wages and pays additional costs of alternative facilities.

Burglary - covers theft of property and damage from break ins.

Workers' compensation - compulsory for businesses employing staff. Workers' compensation insures employees against injury or death in the workplace. The workers' compensation system in New South Wales is administered by WorkCover.

For more information, contact the WorkCover Assistance Service on 13 10 50.

Personal accident, income protection or sickness - self-employed business owners or subcontractors are not covered by workers compensation insurance. Consider insurance to compensate for loss of income because of death, illness or accident of the business owner or a key employee.

Money - covers loss of money being taken to and from the bank and while held on business premises.

 

If you require further information for your Business Insurance needs, please call our office on (02) 8713 1800