Having the right insurance will help protect your business and minimise its exposure to risk. This may include insuring your business, income and your commercial risk
A business takes years to build – but an accident or disaster could destroy it all in minutes. That’s why businesses should help protect themselves with a quality business insurance pack.
With the right cover in place, owners can run their business with confidence, knowing that their premises, stock, equipment and reputation are protected by insurance.
Business owners can benefit from taking out an affordable and comprehensive business insurance pack to help protect them against the main risks involved in running a business.
The cost of natural disasters to Australian businesses, government and communities is estimated to reach $33 billion by 2050
(Australian Business Roundtable, the Economic Cost of the Social Impact of Natural Disasters, 2016)
The top two risks to businesses around the world are extreme weather events and natural disasters (Fortune, ‘These are the biggest risks for businesses in 2018, According to the World Economic Forum,’ 2018)
While most companies insure their building and contents against disasters like fire, theft and storms, many neglect to insure for the interruption to their business caused by these events (Australian Federation of Travel Agents “Do you have business interruption insurance?’ 2018