Business Insurance Pack

They are both designed to safeguard your business from different risks, and together can provide your business with comprehensive coverage.
Business Insurance can be packaged with a range of coverage options designed to protect things like your building, contents, tools and risk of business interruption in one policy.
While Public Liability insurance protects you and your business against the financial implications if you are found liable for loss or damage to other people’s property, or cause illness or injury that is not covered by the Accident Compensation Commission (ACC).

Yes! Business Interruption insurance provides cover for the loss of income and increased costs of operating your business caused by a specified insured event (such as property damage or fire). It is also designed to assist your business to recover from an insured event by paying ongoing expenses (such as wages or rent).
Note, Business Interruption cover can be added to your Business Insurance Package – only when you also select either Building or Property (Contents) cover (or both), it cannot be purchased on its own.

Business insurance isn’t mandatory for most businesses in New Zealand, but you may be required to have a Public Liability policy to do things like:
• Enter a jobsite
• Lease a building
• Work as a contractor or sub-contractor
• Work in an industry with cover requirements
• Join an industry association
• Obtain certain professional licenses

With a Business Insurance Package you can pick the risks you want to cover from multiple different policies, add-on extra cover for specific Material Damage risks, customise the value covered, and choose an excess that works for your business.

When deciding how much coverage is right for your business, it may depend on the level of risk your business faces. As well as any legal requirements for coverage amounts you may have as part of contracts or industry requirements.

Yes, no matter the size, a Business Insurance Pack can help to protect a business owner’s assets. It provides independent business owners peace of mind by offering cover for assets like stock, a building, and tools, and protection against the costs of risks such as theft, material damage, or interruption.

Yes, with a Business Insurance Pack you can conveniently customise cover to meet the needs and risks of your home based business. Cover can include Contents, Building, Tool & Portable Equipment, and Business Interruption.