Compare Business Insurance
Your business is unique, and so are the opportunities and risks you face. Your insurance needs may depend on a wide range of factors, including the nature of the work you do, the size and structure of your business and where you operate from.
Public Liability and business property insurance (called Commercial Property) can be incorporated into our Business insurance avaliable online. This product for SMEs has been designed to offer cover for the main risks faced by most growing businesses.
Other specialty insurances include professional indemnity and management liability insurance, which can also be incorporated into your Business insurance.
There are also a number of specialised insurances available to mitigate more specific threats, such as marine insurance, network security insurance, or crime and fraud insurance. We have strong relationships with every major business insurance provider in Australia, so if your needs are more complex call us on 1300 467 872 for a free quote.
What kind of business insurance do I need?
These tables gives a brief overview of the types of business insurance available and which ones you might need to consider for your business. They are a basic guide only – our professional team can provide more information to help you assess your needs.
Type of business insurance | Description |
---|---|
Public Liability |
Insurance that protects your business against the financial impacts of accidents which happen on your premises or as result of your business activities. This can be included in your Business insurance policy. |
Product Liability |
Insurance that protects you against the risk that one of your products causes damage or injury to a person or another business. This can be included in your Business insurance policy. |
Business Property or Asset Protection |
Insurance that protects the buildings, equipment, stock and possessions of your business from physical threats such as fire, theft or malicious damage. This can be included in your Business insurance policy. |
Business Continuity |
Insurance that protects your business against financial losses if you have to temporarily halt operations for some reason. This can be included in your Business insurance policy. |
Professional Indemnity |
Insurance that provides financial protection against legal costs or potential damages if you have specialised skills or qualifications and are paid for giving advice to others. This can be included in your Office Pack. |
Directors and Officers Liability |
Insurance for your company’s officers against the financial consequences of claims by shareholders, employees, regulatory bodies or creditors relating to 'wrongful acts' by your business, such as mismanagement of funds. This can be included in your Business insurance policy. |
Management Liability |
Insurance that protects your company and your senior management against employment liabilities and claims by shareholders, employees, regulatory bodies or creditors relating to 'wrongful acts' by your business, such as financial mismanagement. This can be included in your Business insurance policy. |
Business Expenses |
Short-term business life insurance cover designed for sole traders and small businesses with very few employees. It covers the cost of regular business expenses like utilities and tax bills if your business loses income due to the injury or illness of a partner or key earner. Contact us on 1300 467 872 for a quote. |
Key Person |
Business life insurance that provides a lump sum payment to help you through the aftermath of losing an indispensable member of your team. Contact us on 1300 467 872 for a quote. |
Buy / Sell or Shareholder Protection |
Business life insurance that enables you to remain in control of your small company or partnership if you lose one of your co-owners. Contact us on 1300 467 872 for a quote. |
Loan Protection |
Business life insurance that ensures you will be able to repay your business debts if one of your guarantors dies. Contact us on 1300 467 872 for a quote. |
Type of Business | Cover you may want to consider | Example |
---|---|---|
Service Businesse.g. Dry Cleaners |
Public Liability Product Liability Business Property Business Continuity |
|
Professional Services Businesse.g. Management Consultant |
Public Liability Business Property Professional Indemnity Business Expenses |
|
Shop |
Public Liability Product Liability Business Property Business Continuity |
|
Cafe |
Public Liability Product Liability Business Property Business Continuity |
|
Limited Company |
Management Liability Public Liability Business Property Key Person Shareholder Protection |
|
Real Estate Broker |
Public Liability Business Property Professional Indemnity |
|
Medical or Veterinary Practice |
Public Liability Business Property Professional Indemnity Key Person |
|
Trade Business |
Public Liability Business Property |
|