Are your insurances in place?

Operating a business exposes the owner to risk.

Investing in appropriate insurances is a smart move and is designed to protect the business in the event of an accident or disaster.

Carefully evaluate the difference between the many Types of Policies available to small business. Choose those that give you peace of mind.

The easiest way to evaluate choices and arrange insurance is to appoint an insurance broker.

You should also talk to industry associations relevant your business. They will be able to recommend experienced insurers.

In addition to seeking professional advice:

    compare policies
    check what is covered
    ensure there is adequate cover
    check the conditions
    understand the terms of protection and how replacement values are calculated.

This information was provided to HBC by I&I NSW