There’s not many business owners who would be without insurance cover, but did you know that 1 in 10 Australian small businesses with insurance don’t have enough cover to protect themselves?

Many Australian businesses are under-insured, which gives them a false sense of security and leaves them exposed to potential risks in case of an incident.

Business owners and companies who become complacent with their insurance often don’t seek professional advice. Instead, they are tempted to choose policies without full consideration, often online for convenience, and pay the premium monthly, assuming they’re fully covered. In some cases, business owners don’t even know that they’re not properly protected until it’s too late. When disaster strikes, they find out that the insurance policy they’ve purchased doesn’t cover them for the event, or their insured amount is much less than they actually need to get the business back on its feet.

Insurance is a key part of reducing your business risk and ensuring it succeeds into the future.  Seeking professional advice can help ensure your business is protected. Please contact the TJL Insurance team on 65549511 to take the time to review your insurances.