Insurance is an important and necessary aspect of running any business. As well as insuring your premises, there are numerous types of insurance that you need to consider, some of which are compulsory for all businesses.
To find out more about insurance and whether you can claim tax credits on your premiums, visit the www.business.gov.au website.
Insurance is also a form of risk management where a third party sells a package of assurance (an insurance policy) to pay compensation if something goes wrong.
When purchasing an insurance policy, it is your responsibility to ensure the policy purchased is the right one for your business.
If you are looking for a local company to discuss your business insurance needs with, you may find one listed on our Biz List.