- Home
- > The Products
- > Business Insurance
Insuring your health, life and future
Business Insurance
Protecting your business
In business it is vital to prepare for the unexpected. As your business, and the income you derive from it, is one of your most important assets, you need to ensure that you are protecting these assets from unexpected events, like fire, theft or even liability claims against your company or yourself.
Our goal is to listen to you to find out what is important to you and ensure that the best possible cover is put in place to protect your assets. To do this we have access to some of the best insurance companies in the country.
The four main areas of Commercial Cover:
- Business Assets
- Business Interruption
- Business Liabilities
- Business Vehicles
Business Assets:
Plant and Equipment Insurance - for many businesses, their plant and equipment are their biggest capital assets. Plant and equipment insurance protects you from damage caused by fire, flood, malicious damage, or loss due to theft.
Buildings Insurance - buildings insurance protects you against the risk of damage to the structure and permanent fixtures and fittings of your buildings through fire, flood, storm, subsidence, malicious damage, or loss due to theft.
Business Interruption:
Business Interruption Insurance - provides cover in the event that a claim under the Assets policy leads to a revenue shortfall and/or subsequent loss of business opportunities. This policy makes good the loss of gross profit and or pays for the additional increased cost of working necessary to prevent a reduction in turnover.
Business Liabilities:
Public Liability Insurance - Public Liability Insurance covers your legal liability for property damage and anyone in, or near, your business who suffers injury or death.
Statutory Liability Insurance –As New Zealand has grown to an increasingly litigious society, employers need protection from unintentional breaches of Acts of Parliament. This policy covers unintentional breaches of most statutory Acts of Parliament such as the Health and Safety in Employment Act, Resource Management Act, Consumer Guarantees Act, and Fair Trading Act. There have been many Acts of Parliament introduced, enacted and amended, all of them having major impact as to how New Zealanders manage this additional legal exposure. Through this insurance you can be covered for reparation costs, legal costs and legally insurable fines.
Employers Liability Insurance - your employees may be injured at work or they, or your former employees, may become ill as a result of their work while in your employment in conditions that potentially fall outside the scope of ACC. They may try to claim compensation from you if they believe you are responsible. Employers' liability insurance will enable you to meet the cost of legal action and compensation for your employees' injuries, or illnesses, whether they are caused on or off site.
Professional Indemnity Insurance - provides essential financial protection for a wide range of professional advisers in the event a client suffers financial loss as a result of alleged neglect, error or omission. Professional Indemnity Insurance will meet the cost of defending claims and any damages payable. Any person who gives advice, designs, or offers services in a professional capacity, and is seen by clients as an expert, should have professional indemnity insurance.
Directors Liability Insurance - as evidenced by a number of high profile cases in recent years, every person holding the office of Director or Officer of a company assumes substantial personal liability. We can offer insurance and advice against this liability.
Business Vehicles –
From one off vehicles to fleets of couriers or taxis, we can offer cover from some of the best specialist motor vehicle underwriters in the country.
The above list is by no means exhaustive and we are happy to discuss with you any areas of insurance you may require.