Angel Insurance Broker

Small businesses are the backbone of the Australian economy, but many owners may not fully understand their insurance needs. Without adequate coverage, a single disaster or lawsuit could bankrupt a business. That's why it's important to understand the different types of insurance coverage available for small businesses.


General Liability Insurance

General liability insurance is often the first type of insurance that small business owners consider. It covers bodily injury, property damage, and personal injury claims that arise from your business operations. For example, if a customer slips and falls in your store and is injured, general liability insurance would cover the medical expenses and legal fees associated with the claim.

Professional Liability Insurance

Professional liability insurance, also known as errors and omissions insurance, protects your business against claims of negligence, errors, or omissions related to your professional services. This type of insurance is important for businesses that provide services or advice to clients, such as lawyers, accountants, and consultants.

Property Insurance

Property insurance covers damage or loss of physical assets, such as buildings, equipment, and inventory. It also includes coverage for events like theft, fire, and natural disasters. Small businesses with physical locations should consider property insurance to protect their assets.

Workers' Compensation Insurance

Workers' compensation insurance provides coverage for employees who are injured or become ill while on the job. This type of insurance is mandatory for businesses with employees in most states and territories in Australia. It covers medical expenses, lost wages, and other costs associated with a workplace injury or illness.

Cyber Insurance

Cyber insurance provides coverage for losses or damages resulting from cyberattacks, data breaches, and other cyber threats. It's becoming increasingly important for small businesses to have cyber insurance as more business operations move online.

As an insurance broker, Angel Insurance Broker can help small business owners navigate the complex world of insurance. Our experienced brokers can help you identify the insurance coverage you need to protect your business. Contact us today at [insert contact information] to learn more about how we can help you.