What is Business Interruption Insurance – Video

Business Interruption Insurance is generally taken as section 2 of a Business Pack policy, right beside the Property/Fire Section.  It is a financial income coverage for your business, as important as the contents, stock and equipment that is always covered. The prime purpose of business interruption insurance is to make sure that the financial position of […]

Terrorism Insurance – Explained

What is the ARPC – the Australian Reinsurance Pool Corporation? ARPC is a statutory authority established by the Terrorism Insurance Act 2003, to administer the terrorism reinsurance scheme, providing primary insurers with reinsurance for commercial property and associated business interruption losses arising from a declared terrorist incident. The Scheme ARPC’s reinsurance scheme was established after discussions […]

Employee Fraud Insurance

Employee Fraud Insurance or Fidelity Guarantee insures your business against loss of money, negotiable instruments or goods belonging to the business – resulting from an act of fraud committed by an employee. The cover is in effect if: It is an employee who has committed the fraud The whole of the loss occurred in Australia The fraud […]