Providing advice that yields peace of mind in the face of disaster.
In recent years, a series of floods, storms, earthquakes and wild weather has brought attention to this area of business risk. If a disruption occurs, big or small, is your business prepared? More importantly, will you be covered by the right policy?
Think that you don’t need it or it won’t happen to you? Think again. Research reveals that 85% of small businesses believe that they have “adequate” insurance for their businesses, however of those surveyed, 46% failed to have suitable cover. Some failed to be covered for fire, others didn’t include burglarly and many neglected to take out business interruption insurance. Don’t let this be you.
An essential requirement for any business, Business Interruption Insurance can replace lost income and put a business into the same financial position as it would have been in had the incident not occurred. The incident may be caused by a major catastrophe, such as a fire destroying the property, or simply an electrical equipment failure from a lightning strike that shut down operations or trade.
Pioneered by the manufacturing industry many years ago, Business Interruption Insurance has evolved into a valuable risk management solution for most business sectors. The team at Insurance Advisory Service has worked with hundreds of businesses across Australia to ensure a best-fit policy is in place for each and every client. But more importantly, we have demonstrated our commitment to taking the time to understand your business and region to ensure the most suitable solution is negotiated.
We understand the claims process and in the event of a disaster, will be there to guide you through the process. Get in touch with us today – If a crisis hits your business, you’ll be glad you did.
To find out more call (02) 8268 2900 and speak to one of our Advisors, obligation free.
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