Business Equipment Insurance

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Business Insurance

... not be covered by your personal home & contents policy. Contents insurance provides cover for loss of or damage to items such as business equipment, stock, plant and machinery, records and furniture belonging to you at ...

Business Interruption Cover*

... the indemnity period Voluntary closures Losses due to breakdown in equipment or machinery Who needs Business Interruption insurance? If you run a business that would be impacted significantly if an insurable event like ...

Portable Equipment*

What’s covered & what’s not Things to consider Back to Business Insurance Portable Equipment* Portal Equipment insurance (also known as General Property insurance) covers you for loss and damage to items of portable ...

What is Business Insurance?

... which covers against burglary, theft and accidental damage of office equipment, such as chairs, desks and computers. Public Liability Insurance which covers your business against the legal costs of a claim for injury or ...

Common small business insurance claims and how to prevent them

... Here are some of the most common BizCover Business Insurance customer claims, and tips on how to ... of Sydney faced a $49,000 loss of their hardware and equipment after the storm caused water damage to their premises. You ...

Business Insurance on the Central Coast

... for them to answer. Great service.” Tina W. Heavy Machinery and Equipment Repair and Maintenance How much does Business insurance cost ? On average, small businesses on the Central Coast pay around  $ 68.66 a month **for ...

Business Insurance in Townsville

... , storm, theft or even accidental damage). A Business Insurance package can also cover your portable equipment, glass and for loss of revenue due to business interruption in specified circumstances. In addition, cover is ...

Business Insurance in Bunbury

Business Insurance FAQs

... ? What is Electronic Equipment cover? What is Goods in Transit cover? What is Product Liability Insurance? What is Product Liability Insurance? Ready to sort out your Business Insurance? Your small business is a big deal ...

How much does Business Insurance cost?

... different cover options available under a Business Insurance pack to protect things like your business premises, contents, stock and equipment, as well as financial loss due to business interruption. There is also the ...

Business Insurance on the Gold Coast

Business Insurance In Wollongong

Business Insurance in Toowoomba

Business Insurance in Parramatta

Business Insurance in Newscastle

Business Insurance in Melton

Business Insurance in Mackay

Business Insurance in Launceston

Business Insurance in Geelong

Business Insurance in Cairns

Business Insurance in Bundaberg

No Dramas

... of insuring your valuable equipment with Portable Equipment insurance. Portable Equipment insurance covers you for loss and damage to items of portable equipment associated with your business. These can include tools ...

Theft Cover*

... Business Insurance 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 ... and display equipment Computers and other equipment for ...

Business Insurance the Smart Way

... , no paperwork, no delays Use code SMART50 for $50 off Compare quotes from our trusted insurance partners: BizCover is all for small business We help clients compare and buy cover that suits all kinds of start-ups and ...

Goods in Transit

... the goods you buy and sell? Are they sufficiently skilled and experienced? ← Back to Business Insurance *As with any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy ...

Employment Practices Liability

... s covered & what’s not Things to consider Back to Business Insurance Employment Practices Liability Cover* Employment Practices Liability (EPL) Insurance is designed to help employers minimise the risk and potential cost ...

Machinery Breakdown*

What’s covered & what’s not Things to consider Back to Business Insurance Machinery Breakdown* This insurance covers the cost to repair or replace specified machinery following a breakdown. Did you Know? 'Breakdown' ...

Money Cover*

What’s covered & what’s not Things to consider Back to Business Insurance Money Cover* Money insurance protects your business money (which will include not only cash and cheques, but also items such as lottery tickets, ...

Statutory Liability*

What’s covered & what’s not Things to consider Back to Business Insurance Statutory Liability* Statutory Liability insurance covers the company, senior management and employees for allegations of wrongful breaches of key ...

Comparing Portable Equipment & Electronic Equipment Cover

... is being offered and which one is right for you. This is especially the case with Business Insurance options like Portable Equipment and Electronic Equipment cover , so let's take a few minutes to compare the two and get ...

Home Based Business Insurance

... assets that you will require to perform your day job. Contents insurance provides cover for loss of or damage to items such as business equipment, stock, plant and machinery, records and furniture belonging to you at ...

Earthmoving and Excavators Insurance

... also be a requirement to lease commercial office or warehouse space where you can run your business and store your tools and equipment. Business Insurance* A lot can go wrong when you run an excavation and earthmoving ...

Insurance for Flooring Installler

... before they agree to lease their premises to you.Yes! Portable Equipment cover, an optional part of many Business Insurance Packs, covers the tools and equipment you need to get the job done. As a flooring installer ...

Insurance for Car Wash and Auto Detailers

... fire, storm, theft or even accidental damage). A Business Insurance package can also cover your portable equipment, glass and loss of revenue due to business interruption in specified circumstances.  Other forms of cover ...

Insurance for Lawn Mowing Services

... protection by covering the legal and defence costs, court attendance costs and compensation if awarded. Business Insurance* Portable Equipment Cover* A mower, edge and hedge trimmers, a leaf blower and that box of bits ...

How to start a gardening business in Australia

... your legal and defence costs, court attendance costs, and compensation if awarded. Business Insurance Self-employed gardeners rely on their portable equipment to get the job done. Mowers, edge and hedge trimmers, leaf ...

Insurance for Glaziers

... or electronic items, or unspecified items of lower value. Portable Equipment cover is an optional addition to a Business Insurance policy. These insurance packages are a convenient and affordable way to bundle your ...

3 reasons your business insurance may no longer be right for your business

... circumstances change it's a good idea to make sure your insurance has you covered . 2. New business equipment The equipment or tools you use to conduct your business are an essential part of your success. And you will ...

Insurance for Tradesmen

... and keep working? She'll be apples with Portable Equipment cover - it insures items such as tools, business equipment or electronic items. Professional Indemnity insurance If you are an electrician, plumber of carpenter ...

Insurance for Roofers

... your warehouse space or office. That includes things like business records, furniture, and stock. Portable Equipment* Portable Equipment insurance (or general property) insurance can cover specified items such as tools ...

A Mumpreneurs Guide to Understanding Business Insurance

... of having to replace all your stock.. Contents and Stock insurance policies provide coverage for loss of or damage to items such as business equipment, stock, plant and machinery, records and furniture belonging to you ...

Tech Startups Insurance

... expenses (such as wages or rent). Portable Equipment Portable equipment (or general property) insurance can cover specified items such as tools, business equipment or electronic items, or unspecified items of lower ...

A practical guide to understanding business insurance

... accidental damage). Some of the different types of Business Insurances may include: Contents *: Cover for loss of or damage to items such as business equipment, stock, plant and machinery, records and furniture belonging ...

5 things to consider when purchasing business insurance

... leave you severely out of pocket. Business Insurance available cover options include: Contents and stock* - provides cover for loss of or damage to items such as business equipment, stock, plant and machinery, records ...

Insurance for Cabinet Makers

... them is an added expense your business can do without. With Portable Equipment cover (general property insurance) you can insure specified items such as tools, business equipment or electronic items.  You can choose ...

Benefits of insurance for small businesses

... products that fall under Business Insurance packages. Some important types of Business Insurance products include: Contents *: Cover for loss of or damage to items such as business equipment, stock, plant and machinery ...

Insurance for Manufacturers

... claims that arise from overseas markets. Business Insurance Where would your manufacturing business be without its premises, machinery, equipment or stock? Having the right business insurance will ensure you're not left ...

Checklist for renewing commercial insurance for 2024

... Product Liability coverage . 4. Did you buy new business equipment in the last year? The rates for Commercial Property insurance are based on the type and amount of equipment a business owns. Changes to the value of your ...

Understanding Insurance for Retailers

... Insurance Pack* Your customers help keep the til l s rolling over, but take a moment to think, how could you operate without your business assets? Your stock , shelves, and electronic equipment like EFTPOS machines ...

Insurance for Furniture Manufacturers: A Guide

... with cover in relation to the products you import. Business Insurance* A lot goes into owning your own furniture manufacturing business , from your premises to your machinery, equipment and even stock. You've put in the ...

Am I Covered? Theft Insurance vs Building & Contents

... where you operate. It does not cover the items stored inside. Contents insurance * covers the loss of or damage to items such as business equipment, stock, plant and machinery, records and furniture belonging to you at ...

Hidden costs you shouldn't ignore when starting your business

... from home, or from a commercial premises, business insurance can help reduce your exposure to business risks Other business costs you may also need to cover Tools and equipment From the literal tools that tradies rely on ...

Insurance for Tutors

... as a result of your negligent business activities. Business Insurance* Your students help bring in your ... the policy. Portable Equipment : can cover specified items such as tools, business equipment or electronic items ...

7 key challenges in retail business

... activity or another defined event listed in the policy. Contents insurance * provides cover for loss of or damage to items such as business equipment, stock, plant and machinery, records and furniture belonging to you ...

Insurance for Furniture Manufacturers

... it most. Some of the types of Business Insurance coverages to consider include: Contents and stock* - Cover for loss of or damage to items such as business equipment, stock, plant and machinery, records and furniture ...

Insurance for Tutors

Insurance for Cabinet Makers- What You Need to Know

... ) can provide protection by insuring specified items such as tools, business equipment or electronic items against loss and damage. Explore your insurance options At BizCover we help you as a cabinet maker to find ...

Insurance for Carpenters

... and that's why protecting these valuable business assets is something to consider as part of your insurance plan. Portable Equipment insurance (also known as General Property insurance) covers you for loss and damage to ...

How to start an earthmoving business

... strategy that starts with earthmoving insurance or earthmover equipment insurance in place. BizCover offers business insurance for earthmoving businesses , including Public Liability Insurance . Learn more about ...

Business Insurance Guide for the Self-Employed – Part 3

... premises when an insured event occurs (such as fire, storm, theft or even accidental damage). A Business Insurance package can also cover your portable equipment, glass, tax audit and for loss of revenue due to ...

How to start a concreting business

... be required to hold Worker’s Compensation insurance . You may also consider protecting your new concrete business with the following types of business insurance: Portable Equipment insurance : Because it covers you for ...

Insurance for Concrete Contractors

... damage or loss (Business Insurance - Machinery Breakdown, Portable Equipment) Business property damage (Business Insurance - Contents) Unplanned interruptions (Business Insurance - Business Interruption) Injuries during ...

Understanding Insurance for Graphic Designers

... 're out of your office environment doesn't mean you can't insure your valuable business assets. Portable Equipment insurance (also known as General Property insurance) covers you for loss and damage to items of portable ...

7 surprising ways business insurance can help your company

... on your premises or in transit. Portable Equipment*(also known as General Property insurance): Covers you for loss and damage to items of portable equipment associated with your business. These can include tools of trade ...

Insurance for Concrete Pumping

What types of insurance do you need for a cleaning business?

... : This claim is most common for cleaners and cleaning businesses. Liability insurance can cover costs for property damage. 5. Equipment Damage: Cleaning equipment such as vacuums, buffers and other special cleaning tools ...

Insurance for Gardeners

... also be necessary to lease commercial warehouse or storage space for your equipment and supplies. Business Insurance You rely on many garden tools and equipment to do your job well and safely. If they were damaged, lost ...

How to adapt your business insurance as your business grows

... comes into play. Portable Equipment* Portable Equipment insurance (also known as General Property insurance) covers you for loss and damage to items of portable equipment associated with your business. These can include ...

A sole traders and freelancers guide to business insurance

... premises when an insured event occurs (such as fire, storm, theft or even accidental damage). A Business Insurance package can also cover your portable equipment , glass , tax audit and for loss of revenue due to ...

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5 Surprising Things Business Insurance Can Cover

... as the deadline for a large order is approaching. Machinery Breakdown insurance is an important form of coverage for businesses who rely on machinery or equipment in their day-to-day operations, and can protect budget ...

How to start a carpentry business in Australia

... financial loss experienced from an insured interruption to your business. Portable Equipment insurance: Also known as General Property insurance, Portable Equipment insurance covers you for loss and damage to items of ...

Insurance for Pet Professionals

... policy. Portable Equipment Insurance* Portable equipment insurance (also known as General Property insurance) covers you for loss and damage to items of portable equipment associated with your business. These can include ...

Insurance for Personal Trainers

... an unwanted personal injury or property damage claim arises. Business Insurance If you own expensive fitness equipment then it might be worth considering Business Insurance to cover against loss, damage or theft.  It can ...

Insurance for Martial Art Teachers

... of different cover options for you to choose from, depending on your business needs . Here are a few for you to consider: Portable Equipment Insurance *  covers the cost to replace or repair your portable martial arts ...

5 questions to ask yourself before buying Insurance for your small business

... as fire, storm, theft or even accidental damage). A Business Insurance policy can also cover your portable equipment, and loss of revenue due to business interruption in specified circumstances. There are a few different ...

How to start a concrete pumping business

... , which will likely include at the very least: payments for equipment; business insurance ; rental costs for your business premises utility costs (electricity, gas, water) and fuel for your concrete pump truck; and ...

How to start a commercial cleaning business

... to service a different area or you might be the only business in town with the equipment to clean outdoor windows. 11. Get your commercial cleaning business insurance* sorted with BizCover One last thing you need to get ...

Business Insurance Perth

... you for loss and damage to items of portable equipment associated with your business. These can include tools of trade and items of stock. How much does business insurance cost in Western Australia? There isn't a one ...

Business Insurance Melbourne

... cover. Tool insurance (Portable Equipment)*: Portable Equipment insurance (also known as General Property insurance) covers you for loss and damage to items of portable equipment associated with your business. These can ...

5 reasons you should review your business insurance this Christmas

... -ins . With a Business Insurance pack, you can pick and choose the cover options that suit you best. For example, General Property Insurance also known as Portable Equipment insurance covers theft and accidental damage ...

Insurance for Landscapers

... for loss and damage to items of portable equipment associated with your business.  Th is can include tools of trade and items of stock. Personal Accident and Illness Insurance* If you were to suffer an accidental injury ...

The risks of growing your small business

... risk management , however, and a tailored insurance plan, your business will be in the best position to ... sum of cash if you want to open a store, buy new equipment, put on more staff, create new lines, build a website or ...

What insurance do contractors and subcontractors need?

... . Portable Equipment Insurance Portal Equipment insurance (also sometimes referred to as General Property insurance) covers contractors for loss and damage to items of portable equipment associated with your business ...

Beauty to go! What Mobile make-up artists need to know about insurance

... all adds up. Being a mobile based business means you're out and about, exposed to unforeseeable risks that could result in an unsightly claim. That's why Portable Equipment insurance (also known as General Property) is ...

Understanding Insurance for Interior Designers

... costs associated with managing claims that are covered by the policy. Contents insurance* Your business assets, like your laptop and other electronic equipment, help you create the best designs for your clients so it ...

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... an additional cover option available when you take out a Business Insurance policy. Portable equipment*- Portable Equipment insurance (also known as General Property insurance) covers you for loss and damage to items of ...

Finding the right business insurance can be hard but BizCover makes it easy

... and hand basins. Portable Equipment* Portable Equipment insurance (also known as General Property insurance) covers you for loss and damage to items of portable equipment associated with your business. These can include ...

Insurance for Management Consultants

... damaged would be a priority. Business Insurance can help you protect these vital items and others (like electronic equipment and furniture) you use for business purposes. A Business Insurance package can also be tailored ...

Insurance for Physiotherapists

... property damage as a result of your negligent business activities. Contents insurance Just like almost every other business, physiotherapists rely on the essential tools and equipment of their trade to do their job, and ...

Insurance for Makeup Artists

... and beauty salons require contracting makeup artists to have Public Liability insurance before they  even start treatments? Business & Portable Equipment Insurance* What's a makeup artist without a makeup kit and other ...

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Insurance for architects – the blueprint to success

... running if they were damaged, destroyed or even stolen? Business Insurance provides tailored protection for your contents (including IT equipment) stock and premises against fire, storm, theft, vandalism and accidental ...

How to start a successful floor installation business

... : While this type of business insurance won't be required for all floor installers, if you give advice to a client for a fee, it is something you may consider. Portable Equipment : A flooring installer is only as ...

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... injuries or illnesses. Portable Equipment insurance: Offers cover for the tools and equipment that keeps your business running. Cyber Liability insurance: Guards your business against claims following data breaches ...

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... extra safeguard in place like Portable Equipment cover to keep them safe. Portable equipment (or general property) insurance can cover specified items such as tools, business equipment or electronic items, or unspecified ...

Doggone Great! Local QLD Business Selected in the $60,000 'Small Business Buddy Program'

... online insurance services over more traditional methods of buying insurance. Having the ability to help a business like ... , as well as grants for life-changing business equipment, training courses and even sky jumping for ...

The Other Virus – Making Your Small Business Cybersafe When Working From Home

... know what they can and can't do with business equipment, accessing certain websites and protecting customer data . ... of your policy emailed instantly. *As with any insurance, cover will be subject to the terms, conditions ...

Preparing for the holidays: Christmas tips for retailers

... . Business Insurance Business Insurance (also referred to as a Business Pack, or BizPack) protects the essential assets of your retail business. It can provide cover for loss or damage to items such as business equipment ...

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What’s included & what’s not?

Get the right cover

Business Insurance Coverage

When looking for cover for your business there are a range of business insurance products that can provide financial cover for your business, some main types of coverages include:

Public Liability insurance
Professional Indemnity insurance
Business Insurance

A business insurance pack can provide cover for your business premises and contents, against loss, damage or theft as well as cover against any resulting financial loss from an insured interruption to the business. The type of business insurance and amount of cover you select will depend on the nature of your business and what areas you think you are the riskiest for you. Pick and choose the right business insurances that will suit you best. And you can include Public Liability Insurance to ensure you are not financially responsible for the costs of a legal claim should a third party get injured or suffer property damage whilst you are doing business.

What is typically covered by Business Insurance?

A) Material damage loss for your physical assets
B) Financial loss due to Business Interruption

What is typically not covered by Business Insurance

Negligence/breach of duty arising from an act, error or omission as a result of your professional services
Flood damage is generally excluded from standard policies
Known claims and circumstances

Industries that may require Business Insurance

Across Australia there are many different types of small businesses that help the economy going, from personal trainers to IT wizards, coffee shop owners, cleaners and the trusty tradies. While your day to day operations as a business may be different, there is always an element of risk when your run your own business. This is a snap shop of some of the typical type of businesses that may require business insurance.

Get the right type of Business Insurance

Your business may be considered ‘small’ but it’s big to you and big to us. That’s why we want to make sure you have the right protection. We offer various cover options to suit a variety of businesses.

For some types of businesses, business insurance may be a requirement, for example:

You may need to have your own Public Liability insurance sorted before you step onto a construction site
If you work on contracts you may be required to have a minimum level of Professional Indemnity insurance in place
If you are renting your business premises, your landlord may require you to have your own Public Liability and in some instances Glass cover sorted

Business Insurance Fact Sheet

Compare Business Insurance quotes

Frequently Asked Questions on Business Insurance

What is business insurance*?

Business Insurance provides you with protection if your business assets or premises are damaged, stolen or if you sustain financial loss due to an insured interruption to your business.

Business insurance usually falls into three categories:

a) Material damage loss for your physical assets
b) Financial loss due to business interruption
c)Personal injury/property damage claims against you

When it comes to small business insurance, there are multiple coverage options to select from. Each type of cover is designed to protect against different risks that your business may be exposed to. Some of small business Insurance coverage options include:

Building Insurance* which covers you for loss and damage to buildings you own, as a result of an insured event (such as fire, storm, wind).

General Property Insurance* which covers against theft and accidental damage of equipment, such as tools, laptops and mobile phones, while you are away from your office.

Office Contents Insurance* which covers you against burglary, theft and accidental damage of office equipment such as chairs, desks and computers.

Public Liability Insurance* which covers you if a third-party claim that your negligent business activities caused them injury or property damage. This includes defence costs cover.

Glass Insurance* which covers you for damage to internal and external glass, mirrors, porcelain and signage at your business premises.

Tax Audit Insurance* which covers fees of any accountants engaged in connection with an audit by the Australian Taxation Office.

Business Interruption* which covers you for the loss of income and increased costs of operating your business caused by a specified insured event (such as property damage or fire).

How much does business insurance cost?

Business Insurance is a packaged solution designed to protect your business from property, business and liability risks. There are different coverage options available under a Business Insurance pack, sometimes referred to as a Biz Pack.

The great thing about small business insurance is that you can select the type of coverage that is tailored to the needs of your business. Different businesses require their own unique forms of cover to protect them from the unique risks of their industry. For example, the types of risks a restaurant owner faces will be different to a dog groomer.

A common question SME operators ask is, “How much does Business Insurance cost?”. Unfortunately, there’s no one-price fits all answer. Some of the factors that can influence the cost of a Business Insurance policy include:

the type of cover and cover options taken
the nature of your business
the value of the property insured
where your business is located
the number of employees you have
your annual turn over
claims history

Have a chat to our BizCover sales team about the different kinds of Business Insurance we have available from some of Australia’s leading insurers to get an accurate cost of your Business Insurance policy.

Do home-based businesses need insurance?

Just because you’re working from home doesn’t mean things can’t go wrong. Every occupation and workplace comes with its own level of risk, and insurance could help you manage the financial fallout if things don’t go to plan.

These are a few of the home-based businesses we cover:

Administrative support services
Answering & reception services
Beautician
Consultants
Dog walking
Dog grooming
Graphic designer
Hairdresser
Online shops
Photographer
Writers
Web developer

There are many types of insurance that home-based businesses consider, such as:

Public Liability*

Do you have clients visit your home-based office? Do you visit them in their office or off-site locations? You may want protection in place should you accidentally cause injury or damage to their personal property.

Public Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public brings a claim against you due to their being injured or sustaining property damage as a result of your negligent business activities.

Cyber Liability*

Working from home may make you a desirable target for cybercrime. The Australian Cyber Security Centre estimates that up to 200,000 Australian small office and home office routers may be vulnerable to compromise¹. If your systems were attacked, the impact could be destructive to your business.

Cyber Liability insurance covers losses from claims arising from data breaches, business interruption and remediation costs following an actual or threatened data breach.

Your coverage may include cover for expenses and legal costs relating to the following:

Data breaches
Theft or loss of client information
Business interruption costs
Forensic investigation
Data recovery
Extortion
Fines and penalties
Crisis management costs (to restore your business reputation after an attack or data breach)
Legal costs from any ensuing civil action taken against you or your company

ASD’s ACSC Annual Cyber Threat Report, July 2021 to June 2022

Personal Accident & Illness*

Being self-employed, you may want to consider protection for your most important asset—you. This is where Personal Accident and Illness insurance comes into play, especially when you don’t have access to sick leave.

Personal Accident and Illness insurance can provide cover should you become permanently disabled or pass away as a result of an accident. Cover can also include a weekly benefit for loss of income if you are unable to work as a result of an unexpected injury or illness (even if it occurs outside of your employment).

Business Insurance Pack*

Looking for cover for your business contents, tools and equipment? What about protection to help you manage unplanned business interruptions, tax audits, or other risks associated with running your business?

You may want to consider a Business Insurance Pack, a customisable insurance package designed to help you cover the events above (and sometimes more) when an insured event occurs (such as fire, storm, theft or even accidental damage).

Options available through most Business Insurance Packs include (but are not limited to):

Contents*

Your home office may be full of business assets required to perform your job, like equipment, stock, and furniture. Even though these items are technically kept in your home, they may not be covered by your personal home & contents policy.

Contents insurance provides cover for loss of or damage to items such as business equipment, stock, plant and machinery, records and furniture belonging to you at the insured location.

Portable Equipment*

Running a home-based business doesn’t mean you’re always at home. If you are on the road and need items like your laptop, tools and equipment to perform your profession, you might consider protecting them with Portable Equipment cover.

Portal Equipment insurance (also known as General Property insurance) covers you for loss and damage to items of portable equipment associated with your business. These can include tools of trade and items of stock.

Business Interruption*

Anything can happen when you’re running a small business. If unplanned events force a temporary shutdown, Business Interruption cover could help you keep things going.

Business interruption provides cover for the loss of income and increased costs of operating your business caused by a specified insured event (such as property damage or fire). It’s designed to assist your business to recover from an insured event by paying ongoing expenses (such as wages or rent).

Tax Audit*

A call from the ATO is enough to frighten many home-based business owners, and a tax audit is even scarier! You might want to consider cover to help you manage the costs of a business audit.

Tax Audit Insurance covers a business for specified costs in the event that it is selected by the Australian Tax Office for auditing. The policy offers coverage for the costs of accountants and other nominated professional fees incurred in the course of an audit.

What is the difference between Public Liability and Professional Indemnity insurance?

Public Liability and Professional Indemnity insurance are two fundamental forms of cover that both protect against very different risks. The main difference is the type of duty of care that each cover seeks to provide protection for.

Public Liability insurance* is designed to provide protection for you and your business in the event a customer, supplier or a member of the public are injured or sustain property damage as a result of your negligent business activities.

It also provides protection for legal and defence costs associated with a covered claim.

Professional Indemnity (PI) insurance* provides protection for businesses that provide specialist services or professional advice.  It is designed to respond to claims against your business for losses as a result of actual or alleged negligent acts or omissions in the provision of your professional service or advice. PI Insurance will also assist with the legal costs associated with responding to or managing claims which are covered by the policy. 

What is Product Liability insurance?

Product Liability insurance* commonly forms part of a Public Liability insurance policy, providing protection for your business against claims by third parties relating to property damage or personal injury caused by your products. 

The term ‘Product’ is typically defined as anything that has been manufactured, constructed, erected, assembled, installed, grown, extracted, produced, processed, treated, altered, modified, repaired, serviced, bottled, labelled, handled, sold, supplied, re-supplied, distributed, imported or exported by you, or on your behalf. 

Product Liability insurance is designed to support you when your products cause a third party to sustain personal injury or property damage.  Product Liability insurance is intended to cover  compensation payable to a third party and your defence costs (these are the reasonable costs incurred while investigating and defending a covered claim including legal fees, experts fees and court costs). 

Product Liability insurance is there to help you from the moment an allegation of negligence relating to your product is made. 

Always check the limit of cover offered by your policy and any exclusions or geographical limitations.

Prefer to talk?

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Friendly, helpful service from a business insurance professional.

1300 249 268

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* This information is general only and does not take into account your objectives, financial situation or needs. It should not be relied upon as advice. As with any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy wording.