Business Insurance

Can you really afford not to have the right business insurance protection?

Insurance is critical in protecting the assets of both you and your Business, and having the right insurance program that meets your needs and addresses your risks allows you peace of mind.

Austbrokers Countrywide specialise in delivering precisely tailored Business insurance solutions to meet your needs. We have developed customized programs, which are exclusive to Austbrokers Countrywide, that deliver broader coverage and real cost savings, all designed with simplicity in mind.

What kind of Insurance is available?

• Fire & Perils
  Covers damage to property insured at the situation caused by a sudden or unexpected or unforseen occurrence, and includes Fire, impact damage and weather related events.
• Business Interruption
  Covers consequential loss of income from the interruption of or interference with the insured business, due to insured damage, including loss / reduction of profit, continuing expenses such as wages and rent, as well as the additional costs incurred in restarting the business (additional increased costs of working).
• Burglary
  Coverage for theft of insured property goods / equipment / stock that is stolen from the insured premises.
• Loss of Money
  Covers loss of or damage to money in transit, money contained in the premises, money in your personal custody and safes and strongrooms.
• Goods in Transit
  Covers damage to property insured whilst in transit.
• Glass
  Covers breakage to fixed glass, including glass signs, and associated sign writing.
• Electronic Equipment
  Covers accidental, mechanical and electrical breakdown of computers and associated electronic equipment, and can include consequential loss of income.
• Machinery Breakdown
  Covers loss of, damage to or breakdown of the insured property, and can include consequential loss of income.
• General Property
  Loss and/or damage to laptops and other portable equipment whilst away from the insured premises.
• Credit
  Loss following insolvency of your debtors.
• Motor
  Covers loss or damage to registered vehicles, plus the amount you become legally liable to pay as compensation for property damage occurring as a result of incident in connection with the use of the vehicle.
• Public Liability
  Provides protection against the amount you are legally liable to pay as compensation for personal injury and/or property damage occurring as a result of an occurrence in connection with the insured business.
• Products Liability
  Provides protection against the amount you are legally liable to pay as compensation for personal injury and/or property damage arising from products manufactured, imported or sold.
•  Workers Compensation
  Provides protection for employees injured whilst performing their duties.

Get a Quote

To obtain an indication or to have one of our highly skilled staff consider your Business insurance needs, please complete the form below.

Why is Business Interruption Insurance so important?

Recent research from the small to medium enterprise business sector showed a significant number of businesses have no Business Interruption cover (also called Loss of Profits cover), and 70% of businesses that suffer a major loss to not get back into business following the loss. For a relatively inexpensive cost, you can have the peace of mind of knowing that if something goes wrong, you, and the reason you are in business will be protected.

In addition to the cost of replacing lost assets, a tailored Business Interruption insurance program provides coverage for the additional financial implications if your business cannot trade. This allows you to continue to have money coming in, even though the business is not trading so that your financial position, and your lifestyle can be protected.

Real Life Example:
The insured owned a retail store that sustained extensive fire damage caused by an electrical fault. It was expected it would take at least 12 months before the retail store could commence trading and restore trade to the prior levels. The client and Countrywide had previously reviewed the insurance program and developed a tailored business interruption insurance solution that provided financial protection for loss of profit, and other associated covers, which helped the client pay their bills and allowed a steady income while the property was rebuilt (i.e. when they needed the insurance protection the most). Without the financial protection of Business Interruption insurance, the retail store and the owner may not have been able to recover.