GIO Professional Business Protect is designed for Professional service providers ranging from sole proprietors, partnerships or corporations who are highly skilled in specialised areas and usually recognised by professional bodies.
With the ability to tailor the business insurance package by selecting covers to suit your office based business, this product offering from GIO will help ensure you have peace of mind that your business is better protected. GIO Professional Business Protect provides:
Real estate agent
The following is a summary only. Terms, conditions, limits and exclusions apply to all cover sections.
Read the PDS and Policy Wording for full details.
Cover for your building and business contents (including stock) for loss or damage from events such as but not limited to fire, storm, impact, lightning, explosion, accidental damage and earthquake). Also included is the cost of removing debris, and rewriting of records. Property Damage cover is the minimum cover required for this product.
Cover for theft of your contents including electronic equipment and specified items within your business premises.
|Glass||Covers loss or damage to glass at your business premises, the cost of temporary shuttering, replacement of sign writing, cost of replacing any window tinting film and the cost value of display stock spoiled by the broken glass.|
|Money||Covers loss of money due to fire and theft at your business premises during and outside of business hours. Money lost during transit or, whilst locked in a safe or strongroom at your business premises is also protected. The policy does not cover loss of money due to accounting or clerical errors or theft by staff.|
|Business Interruption||Cover for reduction in turnover if your business is interrupted due to an insured event including fire and theft. Reasonable claims preparation costs and increased cost of working are included as extra covers.|
|Public and Products Liability||Cover for your legal liability for personal injury or damage to third party property and advertising liability caused by an occurrence connected with your business.|
|Management Liability||Covers the management liability of you, your directors, officers and employees. Optional cover for Employee Dishonesty is also available for an additional premium. (Management Liability cover is unavailable online)|
|Portable and Valuable Items||Cover for portable and valuable items such as mobile phones, laptop computers and tools of trade to perform daily business. Cover is provided for accidental loss or damage to portable and valuable items worldwide. Limit of $2,500 applies per item unless the item has been specified for a higher value.|
|Equipment Breakdown||Covers the cost of repairing or replacing your insured equipment due to a breakdown at your business premises. Furthermore any direct loss or damage to insured property as a result of the breakdown is covered. Restoration of computer data and Increased costs of working are Optional covers available for an additional premium. (Equipment Breakdown cover unavailable online)|
|Tax Probe||Covers you for professional fees (such as accounting fees ) associated with a tax audit or investigation of your business’s tax affairs by the Australian Taxation Office, or Government agency. Tax Probe cover provided depends on whether you select Business Audit only, Business and Directors Audit or Individual cover (tax audit cover for sole-traders).|
You can choose between three types of insurance cover: