Business Insurance & COVID-19
The COVID-19 pandemic has impacted businesses across Australia, and many will look to insurance to mitigate loss. This article highlights potential ramifications of the pandemic as it relates to Business Insurance. Note: This is a generic assessment only, please refer to your policy wording for specific conditions.
Think twice before cancelling your insurance, a broker can help
The economic fallout of COVID19 has placed cashflow pressure on many businesses. With this, comes cost cutting, and for some, insurance is seen as a non-essential expense. We explain why you should think again before cancelling cover, and how an insurance broker can play an important role in achieving value for money.
Staying relevant in a changing economy: Insurance implications of modifying business activities
COVID-19 forced many businesses to temporarily close, but many also sought to innovate, adapting their business model to survive. However, with a change in business activities comes a shift in business risks. It's essential to tell your insurer about any changes, or you could risk being without cover in a claim.
Online business: What insurance policies to consider?
Running an online business can have it's perks, with fewer overheads than a high street shop-front and global markets at your fingertips. Yet with a never-ending to-do-list, insurance can become a ‘hope for the best’ exercise without accounting for true business risk exposures. Read our checklist of key insurance covers.
