Risk |
What's cover required |
Public Liability |
Cover in the event of bodily injury or property damage that a business may negligently cause to others. |
Products Liability |
Cover for liability claims arising from your products. |
Property in Physical or Legal Control |
Cover for property damage to the property that is not owned by you but which is in your physical or legal control |
Business Property (Fire & Defined Perils) |
Cover for business assets (building, contents, stock, machinery, Tenant’s Leasehold Improvements etc) against loss or damage caused by fire, and defined events (e.g. water damage, storm damage, malicious damage) |
Accidental Damage |
Cover for damage that is neither a fire and defined peril or a specific policy exclusion |
Business Interruption also known as Consequential Loss Insurance |
Cover for a loss of property may also result in a "loss of profits" and/or additional expenses. This covers against loss which is a consequence of the property loss |
Professional Indemnity |
Cover for professional for his or her legal liability to others due to professional negligence. |
Burglary |
Cover for theft following forcible and violent entry to the premises. Note: this term may not apply for some states in Australia. |
Motor Vehicle |
Cover for comprehensive insurance for all registered vehicles for which you are responsible, whether owned, leased, employees, hired and costumers vehicles* |
Electronic Equiplment |
Cover for electrical, electronic and mechanical items (e.g. computers, faxes, printers, photocopiers) following loss or damage |
Fidelity Insurance |
Cover for business in case of misappropriation of goods or money by employees. |
General Property |
Cover for the cost of repairing or replacing specified items that are accidentally lost or damaged (laptops, mobile phones, tools of trade etc) |
General Property |
Cover for the cost of replacing or fixing the glass when glass is accidentally broken |
Machinery Breakdown |
Cover for the insuring loss or damage to machinery as a result of breakdown. Please note that it may also provide cover to the spoilage of food following machinery a breakdown |
Money |
Cover for the loss of money or negotiable instruments |
Personal Accident/Sickness |
Cover for the accidental injury or illness of an insured person |
Worker's Compensation |
This is a compulsory scheme for employers to cover employees against injuries in the course of their employment |