Business Insurance

General Business Insurance Needs

Owning a business is rewarding, but it can also brings risks. Manage your exposures by having comprehensive insurance to protect your assets, income and a range of liabilities.

Commercial

Buildings

Having cover for your building, plant and equipment is essential in keeping you in business for when an event happens. Protect it from fire, theft, burglary, floods and even natural disasters.

Business Interruption

When your business faces an interruption due to damages at your premises from events such as a natural disaster, this insurance can cover the revenue you would have normally earned or help you keep key staff while you get back up and running.

Public and Product Liability

Public liability provides cover if your business is legally required to pay compensation for personal injury or property damage.

Tools & Stock

Insurance

Tools and stock can go missing, be stolen, or even go up in flames. Insurance can cover them in a loss with either a market or replacement value to give you peace of mind.

Machinery Breakdown

A breakdown in your machinery can result in a significant business interruption and financial loss. Machinery breakdown covers you for the cost to replace or repair, and can also cover your resultant business Interruption and losses.

Professional Indemnity Insurance

Provides cover for breaches of professional duty or negligence resulting in a financial loss to those who provider their opinion, advice or other professional services.

Commercial Motor Insurance

Vehicle insurance provides comprehensive cover and protection for your business cars, diggers, or larger vehicle fleets within New Zealand.

Cyber Protection

Cyber threats impact Kiwi businesses, small and large, every day. Just as bricks and mortar businesses are at risk from criminals, any business that relies on technology is vulnerable to cyber threats.

Statutory

Liability

If you unintentionally breach one of New Zealand's statute laws, you can be covered for your defence costs, penalties and/or reparations ordered under an Act for you to pay.

Business Risk Insurance Needs

Most people remember to insure their assets in a business, but it is just as important to protect the people who work in it. Business Risk insurance helps you manage the financial implications of a shareholder or key person getting seriously ill, passing away or being unable to work due to disability for a period of time.

Key Person Insurance

If a key member of staff falls ill or passes away, it can cause problems in various aspects of the business. Having key shareholder cover allows you to cover the costs associated with this situation and allows business continuity.

Shareholder Protection

Shareholder protection insurance allows business owners to buy shares back from any partner upon diagnosis of a critical illness, terminal illness or death.

Loss of Revenue/

Replacement Labour Cover

If an owner or key person in the business is temporarily unable to work because they are sick or injured, a business disability cover can cover the lost earnings or the cost of replacement labour by way of a monthly benefit.

Workplace Insurance and Staff Benefits

Finding and keeping great employees can be a difficult task. One way to help achieve this is by offering great staff benefits. This can come in many shapes and sizes and we can help you tailor an employee insurance offering that shows you care about your staff's wellbeing and it can even help reduce absentees and increase staff loyalty.

Life, Disability and Income Protection

Providing workplace benefits such as life and disability insurance can be a great way to demonstrate you value your employees as you seek to attract and retain a quality workforce.

Health Insurance

Providing wellness benefits to staff members such as health insurance can help staff seek medical attention when needed and get back to work sooner.

Insurance Advice

At AdviceLab we offer personal advice on all insurance products. Offering your staff one on one time with an Adviser can help them get their insurance organised. This often can lead to less stress for your employees and in return greater productivity.