Running a business comes with a wide range of risks, from property damage to liability claims and business interruptions.
A Business Insurance Package (Biz Pack) provides comprehensive cover tailored to protect small and medium-sized enterprises (SMEs) from financial losses. Whether you're a startup or an established company, having the right business insurance helps to ensures your operations remain secure, no matter the challenges.
What is Business Package Insurance?
A Business Insurance Package (also called a 'Business Pack') is structured to include a number of insurance cover options that offer broad financial protection for a number of risks faced by SMEs.
This type of insurance typically includes essential protections property insurance, liability insurance and business interruption coverage. By consolidating multiple coverages into a single policy, business package insurance provides a convenient, cost-effective and comprehensive solution for businesses.
Some cover types typically included in a Business Package insurance policy are:
- Public Liability Insurance
- Business Interruption Insurance
- Products Liability Insurance
- General Liability Insurance
- Protection against fire, theft, accidental and malicious damage done to your business (within the limits of the prescribed policy wording)
It is important to note that Business Insurance packages don't include Workers Compensation Insurance. If you need to arrange this type of insurance, this will need to be taken out in a separate policy.
Request a QuoteHow Coverforce can help
At Coverforce, our expert team of insurance brokers will take the time to assess your individual requirements and exposures and deliver a comprehensive insurance solution that is tailored to your specific needs and budget.
For more information or to arrange cover for your business, please contact us.
Alternatively, you can simply fill out a Business Insurance Quote form below and one of our insurance brokers will get in touch with you within one business day.
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