Insurer research shows that 84% of SME businesses think they’re fulling insured, but only 2% of Australian SME business are fully protected with business interruption insurance. And around half of all SMEs that have an insurable loss fail within two years as a result of inadequate cover.
There is clearly a disconnect between what people believe they have, to what they really need when it comes to a claim. This is the case across most classes of insurance but arguably none more so than business interruption insurance.
Few businesses can afford the loss of earnings that accompany a physical loss to the business premises such as damaged or destroyed stock or equipment.
Business interruption insurance can help to position your business to financially survive and thrive in the future.
For all your business insurance needs, please contact us for a quote today.
Albany: (08) 9842 3302
Kalgoorlie: (08) 9021 2144
122/162 Grand Boulevard, Joondalup WA 6027
Email: insure@regionalins.com.au
ARGO Insurance Holdings Pty Ltd t/as Regional Insurance Professionals Albany (CAR 1242430 | ABN 14 612 448 950) Corporate Authorised Representative of Community Broker Network Pty Ltd | AFSL 233750 | ACN 096 916 184
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