Theft Cover*

This option can cover your contents and stock from theft, attempted theft or armed hold up. It is not uncommon for theft insurance to require the item stolen to have been securely stored before the theft and for there to be evidence of forcible entry in the commission of the theft.

Did you know?

According to the Australian Government’s Institute of Criminology, there are proportionally more crimes committed against businesses than households, with the most common being shoplifting, followed by burglary ^

** https://aic.gov.au/publications/cfi/cfi043^ (2017)

What’s typically covered?

  • Stock in trade
  • Patterns, models, moulds and designs stated on the Policy Schedule
  • Your fixtures and fittings if you are a tenant
  • Advertising and display equipment
  • Computers and other equipment for storing data
  • Machinery and plant, tools, instruments and utensils of trade and equipment
  • Furniture, furnishings, carpets, curtains and internal blinds

What’s typically NOT covered?

  • Money or negotiable instruments (this can be insured separately)
  • Jewellery, furs, bullion, property made of gold or silver or precious stones
  • Motor vehicles unless they are stock
  • Glass
  • Property not contained in a locked building
  • Documents, patterns, models, moulds, plans or designs unless shown on your Policy Schedule.
  • Tobacco, cigarettes or cigars unless shown on your insurance certificate
*As with any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy wording. The information contained on this web page is general only and should not be relied upon as advice.

Things to consider

  1. If your business was broken into, would loss of business contents or stock put financial pressure on the business?
  2. Is your business in a high theft risk area?
  3. Do you have strong physical security systems and deterrents, such as bars on windows, lock-in shutters and alarms?