Why do I need business insurance?

For many companies, insurance is a fundamental part of doing business. Public liability cover, for example, may be a basic requirement of your operating licence. In many cases your potential clients, suppliers or investors will want to know that the financial stability of your business is protected. You may need to provide evidence of your insurance arrangements as part of the tender process for contracts, or during negotiations for credit lines or funding.

Even if you aren't required to take out business insurance, it's prudent to do so. You've worked hard to build up your business and without protection you could lose everything you've achieved to a single event, like a storm or fire.

Business insurance can cover you for all types of risk, from theft and damage to lost income or liability claims.

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The information on this website, brochures and other documentation is of a general nature only and does not take into account your personal financial situation, needs or objectives. Therefore before you decide to buy any insurance product it is important that you read its Product Disclosure Statement and Financial Services Guide to make sure the product is appropriate for your needs.