Cover types

One page per class of cover. Each says what the policy responds to, how it is usually written, which occupations in the graph commonly carry it, and which clauses appear inside it.

These pages explain mechanisms. They carry no rankings, no ratings and no verdict on which policy a business should hold — that is the licensed adviser’s job, and this site does not hold a licence.

• Association liability insurance — Cover written for incorporated associations and not-for-profit boards, combining office bearer and management exposures.
• Business interruption insurance — Cover for lost income and additional costs when insured damage stops a business trading.
• Business pack insurance — A packaged policy combining property, liability and interruption sections for small business.
• Commercial glass insurance — Cover for shopfront and internal glass, signage and associated damage after a breakage.
• Commercial motor insurance — Cover for vehicles used for business, including utilities, vans and trucks, and liability for damage they cause.
• Commercial property owners insurance — Cover for the owner of a commercial building for the structure, loss of rent and liability as a landlord.
• Contract works insurance — Cover for the works under construction, materials and sometimes existing structures for the duration of a contract.
• Cyber liability insurance — Cover for the costs of a data breach or cyber incident, including response, restoration and third-party liability.
• Electronic equipment insurance — Cover for computers, point-of-sale systems and specialised electronics against damage and breakdown.
• Employment practices liability — Cover for claims by employees over matters such as unfair dismissal, discrimination and bullying allegations.
• Farm insurance — A packaged policy for a farming business covering property, machinery, liability and sometimes livestock and crop.
• Goods in transit insurance — Cover for goods while they are being carried, whether the carrier owns them or is moving them for a customer.
• Machinery breakdown insurance — Cover for sudden mechanical or electrical breakdown of plant, refrigeration and fixed machinery.
• Management liability insurance — Cover for company and director exposures such as employment practices, statutory liability and defence costs.
• Marine cargo insurance — Cover for goods moving by sea, air or land across borders, including while in store between legs of a journey.
• Medical malpractice insurance — Cover for liability arising from clinical treatment and healthcare services, usually written alongside professional indemnity.
• Money insurance — Cover for cash and negotiable instruments on the premises, in transit and in the custody of a person.
• Motor fleet insurance — A single policy covering a group of business vehicles rather than rating each one separately.
• Personal accident and sickness insurance — Cover paying a benefit when an owner or contractor cannot work through injury or illness, where no workers compensation applies.
• Plant and equipment insurance — Cover for mobile plant, machinery and equipment against damage and theft, on site and in transit.
• Product recall insurance — Cover for the cost of withdrawing a product from the market and the associated loss of income.
• Products liability insurance — Cover for legal liability arising from goods a business sells, supplies or installs, usually written alongside public liability.
• Professional indemnity insurance — Cover for legal liability arising from professional advice or services, written on a claims-made basis.
• Public liability insurance — Cover for legal liability to third parties for personal injury or property damage arising from business activities.
• Statutory liability insurance — Cover for defence costs and, where insurable, fines arising from alleged breaches of legislation.
• Strata insurance — Cover held by an owners corporation for the common property, statutory liability and office bearers of the scheme.
• Tax audit insurance — Cover for the professional fees of responding to an audit or review by a revenue authority.
• Theft insurance — Cover for stock, contents and equipment taken by forcible entry, written as a section of a business pack or on its own.
• Tools of trade insurance — Cover for hand and power tools against theft and damage, commonly the most-claimed class for trades.
• Trade credit insurance — Cover for unpaid trade receivables where a customer becomes insolvent or fails to pay.
• Workers compensation insurance — Statutory cover for injury to workers, arranged through each state or territory scheme rather than on the open market.