Business Property / Commercial Property (Business Package / ISR - Industrial Special Risks)
Business Package
A business package or office package can provide cover for the following:
- Material loss or damage to your buildings, contents and stock.
- Business interruption - loss of income and increased costs of working following an insured event.
- Theft of contents or stock.
- Glass (both internal and external), as well as advertising signs that have been damaged.
- Money - whilst on premises and in transit.
- Machinery Breakdown to equipment such as air-conditioning units and refrigeration equipment.
- Electronic Equipment covering breakdown of items such as computers, photocopiers and point of sale systems.
- General Property - portable contents such as laptops, mobile phones, stock and tools of trade.
Industrial Special Risks (ISR)
An Industrial Special Risks policy provides cover for most losses or damage, subject to the nominated sub-limits and except for any exclusions noted in the policy.
An ISR policy can cover the following:
- Loss and/or damage to buildings, plant and machinery, contents, stock and unregistered vehicles.
- Loss of profits/rental income and/or increased additional expenses following insured damage to your property or damage to property at alternative premises such as your suppliers, premises within the vicinity and utilities.
Who is it for?
Business insurance is essential for all businesses that own or lease any business property, regardless of their size or industry.
For businesses with a large amount of assets or multiple locations with a combined asset value over $5,000,000 an ISR policy may better suit your needs.
We can assist with both business packages and ISR policies that are tailored to meet your specific needs.