General Property

General Property Insurance

General Property Insurance is a product specifically designed to cover a business’s tools of trade or whatever items that it needs to conduct its business, such as computers. For this reason, it is sometimes referred to as Tools of Trade Insurance.

General Property Insurance isn't just for trades people. It can be purchased by a wide variety of occupations or professions and is commonly purchased by professionals as well. Whether the business is a mortgage broker looking to insure laptops, or a masseuse looking to insure a massage table, then General Property insurance is the right product.

Its often the case, particularly for a lot of small businesses that don't have a fixed address, that their tools of trade will live in their vehicle. But the issue is that many motor policies do not provide cover for the tools that might be inside the car. So for a plumber for example with tool boxes in the back of the vehicle, the value of tools might be worth more than the ute. So if the ute gets stolen, or is involved in a crash, then the tools are also lost, which then has a flow on effect to the plumber's ability to earn an income. By purchasing General Property Insurance, in the event that the unthinkable occurs, the policy will respond to get your clients back on their feet and enable them to get back out there and earning a living as soon as possible.