Business Insurance for Retailers

Business Insurance for Retailers

What's in it for you?

GIO Retail Business Protect is designed  for  retail businesses ranging from restaurants to the small specialty store selling bridalware or the corner milk bar. Retailers can be sole traders, partnerships, franchises or retail outlets operated by large corporations.

With the ability to tailor the retail business insurance package by selecting covers to suit your retail business, this  offering from GIO will help ensure you have peace of mind that your retail business is better protected. 

  • Wide range of insurance cover designed for your retail business
  • Fast and easy claims lodgement process
  • You can pay monthly to assist with your cash flow

Retail Businesses we insure include but are not limited to:

Clothing shop
Handbag shop
Shoe shop
Jewellery shop
Lotto agent
Dry cleaning agent
Gift shop
Music shop
Furniture shop
Film photo shop
Pet shop
Takeaway food

GIO Retail Business Protect overview

The following is a summary only. Terms, conditions, limits and exclusions apply to all cover sections.

Read the PDS and Policy Wording for full detail.

Property Damage Cover for your building, business contents, stock or specified items for accidental loss or damage for events including fire, storm (excluding flood), impact, lightning, explosion and earthquake. Also included is the cost of removing debris, and rewriting of records.
Theft Cover for theft of your contents, specified items and stock. Cover is not provided for theft of contents in the open air.
Glass Covers loss or damage to glass that you own or for which you are legally responsible 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 stock and contents spoiled by the broken glass.
Money Covers loss of money at your business premises during and outside of business hours. Cover is also provided for money lost during transit, whilst in a safe or strongroom or in custody at a residential premises. The policy does not cover loss of money due to accounting or clerical errors.
Business Interruption Provides cover for reduction in turnover if your business is interrupted due to an insured event such as fire, burglary or storm damage. 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
(not available online)
Covers the management liability of you, your directors, officers and employees. Optional cover for Employee Dishonesty is also available for an additional premium.
Portable and Valuable Items Cover for portable and valuable items such as mobile phones, laptop computers and tools of trade that you usually carry around with you in the course of your business. Cover is provided for accidental loss or damage to portable and valuable items worldwide. A limit of $2,500 applies per item unless the item has been specified for a higher value.
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 ATO or Government agency. Tax Probe cover provided depends on whether you select Business Audit only, Business and Directors Audit or Individual cover.
Equipment Breakdown
(not available online)
Covers the cost of repairing or replacing your insured equipment due to a breakdown at your business premises. Covers is also provided for any direct loss or damage to property insured as a result of the breakdown. Deterioration of stock, restoration of computer data and increased costs of working are optional covers available for an additional premium.
Commercial Motor

Commercial Motor Vehicle Insurance offers three types of cover for your business vehicles:

  • Comprehensive cover: provides cover for your vehicle as well as third party property damage.
  • Legal liability, fire and theft: provides cover for your vehicle for fire and theft only and cover for third party property damage.
  • Legal liability: provides cover for third party property damage only.
Goods in Transit
(not available online)

Provides cover for loss or damage caused to goods you sell, buy or use in your business when they are in transit. There are 2 types of covers:

  • Specified perils: includes collision, fire and explosion
  • Accidental damage: includes specified perils and accidental loss or damage

Get a Business Insurance quote today

Contact us today

If your business is small to medium sized,

contact us right now to discuss your insurance needs.

Request a quote


Call 1800 036 837

Contact an Advisor

If you have a larger business with more complex

insurance needs, contact your local business

insurance specialist to discuss your insurance needs.

Find out more
Important Information
GIO Retail Business Protect Insurance is issued by AAI Limited ABN 48 005 297 807 trading as GIO. Consider the Product Disclosure Statement and Policy Wording before making any decision about this insurance. This advice has been prepared without taking into account your particular objectives, financial situation or needs, so you should consider whether it is appropriate for you before acting on it.