Business Package Insurance

Business Insurance policies are specifically designed to meet the needs of Australian small to medium-sized businesses, by making numerous types of insurance covers available under one policy. Some of the types of businesses including warehousing, manufacturing, retailing and trades to name just a few.

It allows a policy to be individually tailored to suit the needs of the individual business, whether it be a manufacturer, warehouse, retailer or trade, to name a few.

Business insurance features

Following is a description of the common covers available under a Business Insurance Package policy.

Business Cover	What it insures against
Property	Damage to buildings, contents and stock caused by Fire & Perils and Accidental Damage.
Business Interruption	The shortfall in your business income caused by the interruption to your business after you’ve had an insured loss.
Theft	Theft of Business Contents and Stock
Money	Theft of money.
Glass	Breakage of Internal and External glass and signs.
Broadform Liability	Your legal liability to pay compensation for personal injury or property damage.
Employee Dishonesty	Fraud or dishonesty by your employees.
Machinery Breakdown	Damage to machinery caused by breakdown, or damage to boilers and pressure equipment caused by explosion and collapse. Deterioration refrigerated or frozen stock can also be insured against.
Computers & Electronic Equipment	Fire, theft, accidental damage, breakdown and business interruption cover for computers and electronic equipment.
General Property	Primarily designed for property (excluding stock) which is moved around, like tools of trade or professional equipment.
Tax Investigation	Costs incurred by your accountant or registered tax agent (after receiving notification from the Australian Taxation Office) in conducting an audit or investigation in relation to your liability to pay tax.