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Business Interruption Insurance Helping Small Business?

  • by The Quotesonline Team
Business Interruption Insurance Explained

Business Interruption Insurance

There is more than 1,300,000 small to medium businesses (SME) in Australia, in the event of a major loss many of these businesses may be unprepared, that is where Business Interruption Insurance comes in.

Business Interruption Insurance covers;

  • Pay Wages
  • Pay Your Rent
  • Pay your Debtors
  • And cover your loss of profits.

Generally business interruption is included in Business Insurance packs, however, cover and indemnity periods may vary, if you unsure talk to a broker to discuss your needs 1300 046 787.

Why get business interruption insurance?

If a business is out of action for a length of time Business Interruption Insurance will cover expenses while your business recovers, relocates or restocks. Business Interruption Cover According to the Insurance Council of Australia over 50% of Australian businesses that suffer a physical loss and do not have business interruption cover will not resume their normal business operations.


How do I arrange a business interruption quote?

Quotesonline uses Insure 247 to process your quote request, they will send you a calculator from LMI, once completed they take it to a number of insurers and come back to you with the quotes.


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