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Business Insurance

What is Business Insurance

A business takes years to build – but an accident or disaster could destroy it all in minutes. That’s why businesses should help protect themselves with a quality business insurance pack.

With the right cover in place, owners can run their business with confidence, knowing that their premises, stock, equipment and reputation are protected by insurance.

Who should consider it?

Business owners can benefit from taking out an affordable and comprehensive business insurance pack to help protect them against the main risks involved in running a business.

Having the right insurance will help protect your business and minimise its exposure to risk. This may include insuring your business, income and your commercial risk
Department of Innovation, industry and science, 2018

Did you Know?

$33B

The cost of natural disasters to Australian businesses, government and communities is estimated to reach $33 billion by 2050

35%

According to Inside Small Business, only 16% of SMEs have a financial back-up plan in place, while 35% said they’d need to cut spending and limit their lifestyle if they were unable to work

25%

Sole traders were the least likely of businesses to be insured, (24%), followed by small businesses operating from home (21.4%).

Business Insurance

Get full review of your business insurance needs.