The ins and outs of Business Insurance

What is business insurance?

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.

Who should consider it?

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.

What can it cover?

Business insurance packs can offer general protection for a business, which may include cover against:

Property Damage

Repair or replacement of property damaged.

Business interruption

Loss of trading profit following insured damage to property and additional costs and expenses incurred during a claim.


Repair or replacement of property stolen.


Loss of money. Excludes electronic funds.

Public or products liability

Your liability to pay compensation for personal injury and property damage as well as the costs involved in defending a claim triggered by the policy.


For replacing glass inside or outside your premises, including your shopfront windows, mirrors or display cases.


For stock that is in transit on the road, in the air or by sea.

Electronic equipment breakdown

For repairing or replacing electronic equipment that breaks down.

Machinery breakdown

Cover for costs associated with machinery breakdown.

General property

To cover your tools of trade, including laptops and tools that you use for your profession or trade.

Tax audit

To cover the costs of being audited by the ATO.

Employee dishonesty

Direct financial loss of the business caused by the dishonest or fraudulent conduct of an employee which is first discovered during the period of insurance.

“Having the right insurance will help protect your business and minimise its exposure to risk. This may include insuring your business, your income and your commercial risk.”

Contact one of our insurance specialists at Morgan Insurance Brokers for your tailored Business Insurance Quote.