Following are general details of the types of cover that are available under a business or commercial package insurance policy.

> Fire & Perils <

This type of cover is for loss or damage to your buildings, contents or stock, which is caused by fire, lightning, explosion, earthquake, storm, impact by vehicles/aircraft and riots or civil commotions.

Cover can also be included for removal of debris, this includes demolition or other temporary repairs required due to any insured loss or damage.

Depending on the insurance policy, this cover can also provide you with additional benefits such as accidental damage, cover for landscaping and seasonal increases. Most policies do not provide cover for flood or terrorism acts.

> Business Interruption <

This covers a reduction in your business income as a result of damage or loss to your business property. You can choose to insure your gross or weekly income, payroll, rent and accountant fees.

To have this cover you generally need to have your property insured for fire & perils first.

> Burglary <

Cover is provided for loss or damage to your business, stock and contents caused by theft or attempted theft, armed hold up or actual/threatened assault for your business premises.

This cover excludes theft of money because this is specifically covered under the specific cover of theft of money.

> Money <

This covers you for loss of or damage to your business's money from a wide variety of causes, such as theft, armed hold up, or fire. Money can be covered on the premises during and outside business hours, whilst in transit or personal custody or whilst in a locked safe.

Money means coins, bank notes, cheques, credit card sales, money orders and negotiable securities.

> Glass <

Cover is provided for loss or damage to glass windows, signs and internal glass fixtures such as wash basins, mirrors and counters.

> Liability <

This covers you for damage to the property of others and personal injury to others as a result from your business activities.

> Employee Dishonesty <

This provides cover for the theft of your property or money by any of your employees.

> Machinery Breakdown <

Cover is provided for machinery against breakdown caused by sudden & unforeseen physical destruction or damage. It also can provide cover for pressure equipment such as boilers against collapse and explosion. Cover can also be provided for deterioration of goods in cold chambers following the breakdown of the machine.

> Computer/Electronic Equipment Breakdown <

Cover is provided for computers and electronic equipment for damage following breakdown or physical destruction or loss resulting from an electricity supply fluctuation.

> General Property <

Cover can be provided for fire & perils, accidental damage and theft for specified items whilst in transit anywhere in Australia and at your business premises.

> Taxation Investigation <

Cover is provided for the necessary costs, such as accountants fees, incurred by you in connection with an audit of your business by the taxation department.

> Some Policy Definitions <

Buildings

means the buildings together with outbuildings and their structural improvements such as lifts, paths, driveways, gates, fences etc. It also means pipes, wiring, cables and meters, exterior blinds and awnings, fixed coverings to walls, floors & ceilings, except for fixed carpets unless they are the landlords fixed carpets.

Contents

means furniture, furnishings, carpets, curtains, internal blinds, machinery & plant, safes, computers and all equipment connected to & operating from a computer. It also means paintings, works or art, rugs, plants & shrubs whilst in the building.

Stock

means merchandise or materials of trade manufactured or for manufacturing, consignment stock, goods held in trust or on commission, goods held for repair or service, pallets and containers.

The above information has been generalised. Full details of the cover provided under each type of cover and their exclusions, conditions, additional benefits and definitions are available in the full business/commercial insurance policy. A policy wording is available to on request.

If you would like further information in regards to this product, or a proposal form, please contact us here or phone 02 4954 3655.

This information provides general advice and therefore it has been prepared without taking into account any of your personal objectives, financial situation or needs. Before acting on this advice you should consider the appropriateness of this advice and obtain a Product Disclosure Statement