Bizpack

Bizpack Insurance

Bizpack or sometimes referred to as small business package insurance, is a combined product which provides cover for a business premises and contents, against loss, damage or theft as well as cover against any resulting financial loss from an interruption to the businesses ability to trade.

Small businesses benefit from having business package (bizpack) insurance for the following reasons:

• Bizpack insurance typically consolidates various types of coverage such as property, liability, business interruption, and more into a single policy, offering comprehensive protection for small businesses.

  
  

• By combining different insurance types into one package, small businesses can often reduce costs compared to buying each policy separately.

  
  

• Bizpack insurance enables small businesses to customise their coverage to suit their specific requirements, ensuring they are adequately shielded against potential risks.

  
  

• Managing a single policy that encompasses multiple aspects of a business's operations is more convenient and easier to monitor than handling several individual insurance policies.

  
  

• Having the appropriate insurance coverage in place can assist small businesses in managing risks related to property damage, liability claims, business interruptions, and other unexpected events.

In essence, bizpack insurance offers small businesses a convenient and cost-effective means to acquire comprehensive coverage that safeguards their operations and assets.

The main coverage sections in a bizpack policy include:

• Property damage

• Business interruption

• Theft

• Money

• Glass

• Transit

• Electronic equipment breakdown

• Machinery breakdown

• General property

• Employee dishonesty