BUSINESS EXPENSE COVER

Business Expenses insurance is a financial back up plan for your business. It gives you the confidence to seize life’s possibilities knowing that you’ve got a plan in place to keep the business running if you’re unable to work due to injury or serious illness.

Business Expenses insurance covers your fixed business costs, as a monthly reimbursement, so you can focus on your recovery – and not your bills! It includes:

• office rent or fees plus interest on your property loan
• leases on cars, equipment or machinery
• insurance and security costs
• bills – such as utilities
• salaries and staff superannuation (for employees who don’t generate any business revenue)
• costs of a locum to help out while you focus on getting better.

How much do you need?

All businesses are different – different industries, different structures, different processes. So your business insurance needs are as well.

There is no set amount of Business Expenses insurance you should have. The amount you may need is calculated based on a number of factors, including the costs associated with running your business.

Dirigo Protect will make sure you have the right amount of cover and the right policy to meet your unique needs.

Not all insurance policies are created equal

When you’re looking at getting business expenses cover, it’s important to get advice from someone who has access to a broad range of policies and insurers. Some policies will include extra features compared to others, such as:

• the ability to be able to work for a few hours per week (if you can) without having your benefit payment reduced
• a policy that pays your full benefit – and doesn’t offset the business’ profits.