Protecting your business is our business
A business insurance policy is designed to protect your business, assets and income against a range of possible financial losses.
The complex nature of business insurance policies can be confusing, and it can be difficult to fully understand what is and is not covered.
At Insure Gold Coast we have the knowledge and expertise to make this process more simple for you. This enables you to fully understand what is covered and what conditions you must follow for a policy to respond when you need it most.
Further benefits include:
Save you Money - Your business is at the heart of everything we do and that is why we feel personal service is key. It is important that we fully understand your business and activities so that we can tailor a policy to protect you for the specific risks your business faces, rather than a one size fits all product.
Save you Time - We will take the time to approach a wide range of insurers, we will compare the products and make recommendations based on your specific situation and requirements.
Personal Service - With local knowledge and the ability to be there for you when you need us most. You will have a single point of contact who understands your business so that if you are in an unfortunate situation and need to make a claim we will be with you every step of the way.
Remember - we work for you and not the insurance company.
What can business insurance cover?
There are many types of business insurance designed for businesses, property owners and professionals.
With our tailored approach you can be sure that you will only pay for what you need.
Business Insurance can include the following sections:
Business Property Insurance
This is the risk to your business for physical loss of or damage to property.. It would generally include the risk of fire, water damage, flood earthquake, impact, accidental damage, etc., to property such as Buildings, Contents & Equipment, Stock or even customers’ goods.
Business Interruption Insurance
This is the risk of financial loss following a claim for physical loss or damage to property owned by your business from such things as Fire, Storm Damage, Collision, Theft, etc. and you cannot trade.
In the event of an incident it will pay the income you would have made if you had still been trading and can also pay additional accountant fees and the cost of moving you to a temporary location.
Business Interruption Insurance is a vital cover to have and is often overlooked.
Public & Products Liability Insurance
This is the risk to your business for liability to third parties for personal injury or property damage arising out of your business activities or its products.
Public Liability Insurance is an essential part of your insurance programme and is often required by your clients before they can deal with your business.
Property Owners Liability insurance is also important if you own a tenanted property. It covers you for legal liability in the event that a member of the public has an incident on your premises.
This is the risk to your business for loss of your computer systems through malicious attack, computer virus, extortion, malware or the like.
Costs can include Computer System Restoration, Extortion costs, Public Relations costs and cover for third party liability for breach of privacy is also available.
Management Liability Insurance
These are risk of liability of your businesses managers to third parties for such things as Employment Practice Liabilities for wrongful dismissal or discrimination, Statutory Liabilities for breaches of Corporations Law, breaches of Fair trading law etc. Cover can also be provided for theft by employees and Superannuation Trustee Liability.
General Property Insurance
This is the risk of physical loss or damage to plant, tools and machinery owned by your business from such things as Fire, Storm Damage, Collision, Theft, etc., happening away from the business premises.
These are the risks of internal and external Glass breakage. Sometimes this is a requirement of your lease agreement
This is the risk to your business of loss of cash & negotiable instruments through burglary or holdup. Money can be covered in Transit, in a locked safe, at your premises and even at your home address.
Machinery Breakdown Insurance
This covers a loss to your Business arising out of repair or replacement of machinery such as air-conditioning, Refrigeration, fire protection or security systems etc. due to electrical or mechanical breakdown. There are additional risks for income producing machinery that arise following the breakdown impacting income to the business.
Professional Indemnity Insurance
This covers a loss to your business for liability to third parties for personal injury or property damage or pure financial losses resulting from a breach of professional duty or negligence. These risks would include the costs of defending allegations of a breach, even if you haven’t breached your professional duty.
Tax Audit Insurance
This would cover the professional fees associated with a tax investigation into your Business or its Directors
The Insure Gold Coast Difference
It is important to make sure that you have the right business insurance cover at a competitive premium.
At Insure Gold Coast we understand Business Insurance and the issues you need to deal with.
We have access to many different insurance companies and will compare the market on your behalf.
We can help you get the best claims outcomes, because we work for you and not the insurers.
We are passionate about supporting local businesses and giving back to the community.
As more and more independent commercial insurance brokers around Australia get swallowed up by ever larger consolidating entities, you can start to feel like a number rather than a valued client. We are determined to stand out from the crowd, by offering you the personal touch and providing you with first class service and a single point of contact
We can save you money with a tailored insurance program, consideringall of your activities rather than just selling you a one-size fits all product.
Get Expert Business Insurance advice
Insure Gold Coast have many years of experience in arranging Business Insurance.