Running a Risky Business?

Businesses deal with a variety of potential risks every day. There's no way you can avoid them.

But Insurance can help you manage risk and reduce its impact. That's especially important for small business owners who have their livelihood closely tied to their business.

PROTECT YOUR ASSETS and REVENUE
One area many small businesses neglect is insurance to cover your assets and revenue. Many have building and contents insurance and motor vehicle insurance but few are aware of the insurance options available to protect your income.

• Business Interruption - Ensures you ongoing expenses and anticipated net profits are met if your business is interrupted by things like council improvements to the footpath outside or air conditioner failure.
• Fidelity guarantee - Covers you against employees who embezzle or steal.
• Machinery Breakdown - Cover the cost of repairing or replacing machinery, with and additional option that covers your for loss of revenue.

Not having liability cover is a liability

Depending on the type of business you operate, liability cover is also essential these days. In an increasingly litigious society, these insurances protect your business from unfortunate or unforseen circumstances.

• Public Liability Insurance - Protects you and your business against the financial risk of being found liable to a third party for death or injury, loss or damage of property or 'pure economic' loss resulting from your negligence.
• Professional Indemnity Insurance - Protect you from legal action taken for losses incurred as a result of your advice. It provides cover if your client suffers a loss- either material, financial or physical - directly attributable to negligent acts.
• Product Liability Insurance - If you sell, supply or deliver goods, even in the form of repairs or service, you may need to cover against claims of goods causing injury or damage to another business or person, by the failure of your product or the product you are selling.

As a driving force behind your business and one of its key employees, not insuring yourself properly is a risk you can't afford to take. Protection is available for you and your income in case of accident or sickness, so if you haven't already got income protection, trauma insurance, life cover or disability insurance perhaps you should think about it and call me on 0754523600 or 0412159536.

Lianne Dickson
Kawana Branch Manager
(07)54523605
Mobile 0412159536

St George Bank - Good with People - Good with Money