Understanding Insurance Premiums, Excesses and Prices

What Are the Benefits of Cyber Insurance, and When Should You Get It?

In the age of digital technology, cybersecurity has become increasingly important for businesses. Cyberattacks are more common than ever, and they can have serious consequences. More and more companies are investing in cyber insurance. This post will explore the benefits of cyber insurance and when you should consider getting it. Protection Against Cyber Risks:  Cyber insurance can provide protection against a wide range of cyber risks, including data breaches, malware attacks, and cyber extortion. Read More 

3 Major Reasons to Consider Getting Commercial Property Insurance

When starting a business, it is advisable to strategize every circumstance that might befall your business. Most business owners understand the basics of covering their business, but they do not do ample research on the products available in the market. Having an underinsured or uninsured property is the fastest way to lose everything in case of a natural calamity or other situations. Here are three reasons to consider getting commercial property insurance for your business. Read More 

4 Benefits of Business Insurance

Most small business owners will often underestimate the benefits of insurance. Since their businesses are exposed to a lower risk level, they often assume that insurance is an unnecessary business expense. However, this is never the case. The extract below details the benefits of getting business insurance. 1. Meeting Industry and Government Regulations In most countries, the government compels business owners to have workers compensation insurance to protect their employees from workplace hazards. Read More 

Why Every Company No Matter How Big Or Small Needs Business Insurance

If you are just starting out your company, you are probably focused on the problems immediately in front of you: attracting customers, organising supply lines and paying off all of your bills. However, something that many small businesses in particular ignore is the importance of insurance when first starting out. With so many uncertainties moving forward in the Australian economy, business insurance has never been more important for any company, no matter how big or small. Read More 

3 Types of Insurance Coverage You Need for a Bed and Breakfast

If you own a property in a desirable area for business or leisure travellers, opening a bed and breakfast can be a great low-cost, high-margin business venture. However, if you don't get the right insurance and something goes wrong, you'll quickly find yourself with very expensive lawsuit or property repair costs that could financially ruin your business for good. Thankfully, as long as you have business insurance, you can rest assured that you'll be able to financially handle any problems thrown your way. Read More