Business Insurance Package

Generally speaking, Business Insurance is not mandatory in Australia, but specific types may be mandatory depending on your industry, location, and whether you have employees. Some clients may require you to provide proof of Public Liability cover, which is included in most Business Insurance Packages.

Plus, there is always an element of risk when your run your own business. That’s why many business owners choose a Business Insurance Package. It’s a convenient and affordable way to protect their business premises and contents, against loss, damage or theft, as well as cover against resulting financial loss from an insured interruption to the business

As a general rule of thumb, Business Insurance is suited to sole traders working in just about any industry, including those working from a home office, such as:
• Accountants and Bookkeepers
• Beauticians and Hairdressers
• Consultants
• IT Professionals
• Pet Sitters and Pet Care
• Photographers, Writers and Content Creators

Every business has risks, regardless of how small your small business might be! A Business Insurance Package helps sole traders and home-based businesses manage common risks, like property damage, equipment breakdown and business interruptions

Every small business is different, with unique risks and insurance needs, from bookkeepers and engineers to tradesmen and nurses. The Business Insurance Package options that make sense for one business, may not make sense for yours. The types and amount of cover you select will depend on the industry your work in, the nature of your business, and your unique business risks.

Business Insurance may be suited to sole traders working in just about any industry.

Every business has risks, regardless of how small your small business might be! A Business Insurance Package could help sole traders manage common risks, like property damage, equipment breakdown and business interruptions.

A Business Insurance Package could help many professional service providers (such as accountants, real estate agents, and IT services) by protecting their business and assets.

If you’re unsure if a Business Insurance Package suits your business, you may want to consider if:

• You own the building(s) that you run your business from
• You wish to protect the contents of your office from damage, loss, or theft
• You rely on electronic equipment (computers, smartphones, tablets, payment readers, printers, etc.) to your business, or tools of trade to do your work
• You want to be prepared for unexpected events that might stop business as usual

Business Insurance Packages offer several cover options that may be suited to online businesses. These may include Contents (to protect stock or items of inventory), Electronic Equipment (to protect your computers, printer, tablet, and smartphone), and Tax Audit (to cover accountant’s fees if audited by the ATO).

Cyber Liability and Management Liability insurance are not offered as part of a Business Insurance Package, but they can be purchased separately.