Commercial Property Insurance

FAQs

What isn't covered in a commercial property policy?

Depending on the policy, coverage exclusions will be detailed in the PDS, policy wording and schedule. Typically a policy would exclude cover for wear and tear, gradual deteriation or design defects and their rectification. Damage from sea and storm can also be complicated, so it’s important to discuss the exclusions of the policy with your insurance broker before making your decision.

Can I pay for my policy in monthly installments?

Yes, monthly installments are offered through third party premium funding companies for your convenience. Talk with our team about options to help manage your business cash flow.

Will I pay more to use an insurance broker?

Insurance brokers are qualified professionals who can accurately asses your risks and make recommendations on insurance cover. Although there can be fees for the service, a brokers knowledge of the industry and ability to search the market for you, will not necessarily cost you extra, but could save you money and provide more suitable cover for your particular circumstances.

What do I do if my circumstances change?

You should contact your broker to keep them informed so that they can provide you timely advice. The risk exposure to your business may have changed, which will determine the level of insurance you require. Please do not hesitate to call us on 1300 500 441 at any time.