Start-ups and new businesses can be particularly vulnerable without the right insurance, there isn’t much point in having insurance if your policy isn’t tailored specifically to the needs of your business.

Without taking proper consideration, you could go ahead with a mismatched policy, meaning you could end up paying too much for premiums or you could find yourself underinsured.

Our brokers at Peter Vickers Insurance Brokers can answer the hard questions of what you need to protect your business. In Australia specific types of insurance are required by law when you are running a business.

In Business Insurance there isn't one size fits all, the cover required will depend on many factors including the business type, sector, industry and size. How do you know what you should have?

Here are some typical questions and answers about Business Insurance .

What insurances are required by law for my business?

What type of insurance policies should I consider as important to cover myself, my business, my employees and my customers?

Policies vary from insurer to insurer best practice is to review your risk and find a policy that provides appropriate cover. Not sure what cover you need talk to your broker and go through a risk assessment to get the right insurance for your business needs.

Another important step is to make sure you annually review your policy so that your insurance cover is up to date with any changes that may have happened during the year. If you move your office, if you upgrade equipment, if you hire new employees – you need to update your insurer and potentially your policy.

To talk to us on 1300 784 011