Consider all the consequences of a business theft

It is every business-owner's nightmare - turning up to your work premises one day to find that a break in has occurred and a theft has taken place.

However undesirable the thought, responsible risk management means planning for the possibility of such an event occurring.

A comprehensive Elders Insurance business insurance policy can cover your business for the costs involved when recovering from a theft.

These include the expense of replacing stolen equipment, stock and building contents, but also the variety of other costs which can incur depending on the circumstances.

Things like paying for new locks to be fitted, repairing damage done if your premises were forcibly broken into and repairing or replacing damaged or stolen personal property.

The consequences of business theft can be varied, which is why only a comprehensive business insurance cover can give you the peace of mind to know that you'll get through even the most serious of incidents.

That's because a big part of planning for the risks of business theft is setting up business interruption cover.

When a break in occurs, there can be significant damage done to your business premises, stock or equipment.

In each case, this can impair your ability to operate which in turn imperils your capacity to pay staff, suppliers, utilities and all the other costs of running your business.

This is the point where an underinsured business is most at risk of going under for good.

Setting up insurance cover in the event that you cannot trade is thus imperative to prevent your business from running the risk of not recovering from what might initially appear to be a small scale theft, but which turns out to be hugely detrimental to your ability to trade.

With an Elders Insurance business insurance policy, we can provide you cover for all the likely consequences of a business theft.