Business Insurance Brokers Australia -Select Insure

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Why is Business Insurance Important?

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Running a Business is a challenge, and it often
involves putting your own finances at risk. It
makes sense to manage risk, reduce uncertainty
and protect your livelihood. It is especially
important for small business owners to carefully
consider and evaluate their business insurance
needs because they may have more
personal financial exposure in the event of loss.
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What is Business Insurance
Business Insurance coverage protects businesses
from losses due to events that may occur during
the normal course of business. There are many
types of insurance for businesses including
coverage for property damage, legal liability and
employee-related risks. Companies evaluate their
insurance needs based on potential risks, which
can vary depending on the type of environment in
which the company operates.
For more information call 1800 883 007 visits
http//www.selectinsure.com.au/business
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Type of Business Insurance

• Professional liability
• Public liability
• Product liability
• Theft and burglary
• Property
• Money
• Commercial vehicle

• Business interruption
• Glass
• Employee fraud or dishonesty
• Workers Compensation
• Machinery/Equipment breakdown
• Goods in transit
• Computer and electronic equipment

For more information call 1800 883 007 visits
http//www.selectinsure.com.au/business
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Professional Liability
Professional liability insurance (PLI), also
called Professional Indemnity Insurance (PII)
Protects you from legal action taken against you
if someone suffers a loss after following your
professional advice or as a result of your
receiving your service. If youre a professional
services provider in a field such as medicine, IT
or financial services, Professional Liability
insurance is a smart move. Because mistakes
happen. They can happen to anyone and, when they
do, they can be costly. Professional Liability
cover provides a financial safety net if youre
sued for damages caused by negligence, a mistake
or omission when youre providing a service or
advice. In times of increased accountability its
a small investment for big peace of mind.
For more information call 1800 883 007 visits
http//www.selectinsure.com.au/business
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Products/Public Liability
Public liability is a term used to describe
liability to the public, that is, any third party
to your business. It is sometimes defined in a
policy as follows Public Liability means your
legal liability in respect of personal injury or
property damage or advertising injury happening
in connection with the business. Businesses
that supply, deliver or sell goods, even in the
form of services or repairs, may need cover
against claims of goods causing damage, injury or
death. Product liability cover protects you if
any of these events happen to another person or
business by the failure of a product you are
selling
For more information call 1800 883 007 visits
http//www.selectinsure.com.au/business
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Machinery/Equipment breakdown
Machinery Electronic Equipment Breakdown
Insurance covers repairs to your machinery or
electronic equipment following a breakdown in
which there has been physical damage. It applies
to a wide range of commercial and industrial
industries including manufacturing, accommodation
and hospitality, retailers and commercial
property owners. This is a critical cover for
businesses where the breakdown of machinery or
electronic equipment has a direct impact on
productivity.
For more information call 1800 883 007 visits
http//www.selectinsure.com.au/business
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Vijay Raj, BE, MBA, ADFP JP 0425 308 313
Vijay.raj_at_selectinsure.com.au
AR NAS BROKERS AFSL NO. 233750 www.selectinsure.co
m.au info_at_selectinsure.com.au