Business Insurance

Protecting the building if you own it, and your contents, like any equipment, tools and stock for loss or damage due to an insured event.

Covers the building or contents for accidental physical damage, destruction or loss due to an insured event.

Covers the cost of replacing contents or stock stolen from the premises by forcible or violent entry.

Covers claims where your negligence led to someone getting injured or causing damage to someone’s property. An example may be if someone slips on a wet floor and injures themselves on your business premises, or their property is damaged at your business premises or while using your products or services, they may take legal action against you or your business to recover their loss.

Products liability cover insures your business against legal liability to pay compensation for injuries incurred or property damaged as a result of the products sold or supplied by you.

This means, if your business manufactures, imports, installs or repairs medical or dental products, there may be a risk that these products could cause injury to your patient or a third party, or damage to their property and Product Liability Cover responds to this.

Helps to cover your lost income, profits or turnover incurred because of interruption to your business that was caused by an insured event, such as a fire or flood.

Cover for loss of rent if the insured building becomes uninhabitable by your tenant.

Cover for loss of or damage to perishable stock that spoils due to a change in temperature of the refrigeration or freezer unit. The change in temperature must be caused by a specific insured event such as a sudden and unforeseen mechanical breakdown, public power supply or malfunction of thermostat controls.

Cover for the cost to repair or replace machinery that has suddenly or unexpectedly broken down as described in your policy.

Covers the cost of professional fees paid to accountants or registered tax agents, who are not employees, for work undertaken in connection with a tax audit or investigation.

Cover for loss or damage to property due to flood as defined in your policy.

Covers the cost of financial losses to your business, your patients and other parties following a cyber security breach and costs associated with managing the cyber incident. Some examples of cyber risks include the inadvertent loss or release of customer personal information, ransomware and business interruption due to a cyber event.

Cover for financial losses caused by overseas health emergencies, flight cancellations or lost and stolen baggage. It is an annual travel insurance policy designed for anyone who travels regularly for work, including business owners, directors and employees.

A type of professional indemnity insurance specifically covering the cost of malpractice claims against doctors, dentists and allied health professionals.

Covers the medical or dental practice for the legal defence costs and compensation amounts the practice may become liable to pay in relations to allegations and complaints. This is different to professional indemnity which covers the practitioner/professional rather than the practice.

Cover to protect company directors, officers, and managers from claims related to their management practices in the business. For example, it covers the extra costs incurred to defend a legal claim, replace property lost due to employee or third party crime or pay professional fees for tax audits.

- Management liability usually packages several covers into one product, such as:
- Allegations of mismanagement
- Employment practices liability relating to issues such as harassment and wrongful dismissal.
- Crime such as employee fraud or dishonesty and third party crime.
- Statutory liability including fines and penalties related to occupational health and safety (OHS) and workers compensation.
- Tax audit costs
- Identity fraud expenses like the cost of obtaining new documents.

Covers the legal costs and expenses of a dispute or legal proceedings relating to coronial inquiries, complaints and investigations, and unpaid healthcare you provide, such as emergency assistance or volunteer.