Case Studies

Protecting your business

A business takes years to build – but an accident or disaster could destroy it all in minutes. That’s why it was important for Tom* to have the right cover in place, individualised to his cafe’s needs and requirements.

At a glance

Small business - four staff, cafe, North-West Tasmania

Business Package, including: public or products liability, theft, tax audit, glass

Business interruption, property damage, machinery damage

The story

Tom* owns a cafe in North-West Tasmania. One night water pipes burst, flooding the building and damaging his equipment and stock. The damage was so extensive, his café had to be evacuated and renovated to repair all the water damage.

Thanks to our visit to Tom’s café and his personalised insurance policy, he had everything covered – to damaged stock and equipment and even business interruption, meaning that although he wasn’t able to trade for 6 weeks, he was able to claim the loss of income.

We still hear of many small businesses who are either under insured or not insured at all - what you think may be saving you, will actually hurt you if an accident happens.

*Name changed for privacy reasons

Contact

Important note: This information is provided to assist you in understanding some terms, implications and common considerations of this product. It does not constitute advice, and is not complete, so please contact us to discuss the full details. You should consider the Product Disclosure Statement (PDS) and Target Market Determination (TMD), where applicable, when deciding whether to buy (or continue to hold) this insurance and also whether this insurance is appropriate for you. These documents can be obtained by contacting our office. Deductibles, exclusions and limits apply.