Why it pays to understand your insurance

If you're organising some type of business insurance - whether it's business interruption insurance or business liability insurance - it's important that you understand your policy.

It can be quite common for people to have a "set and forget" attitude to insurance, but your policy is something that you should be reviewing regularly and asking your insurance provider about.

Many business owners aren't fully aware of the cover they require, or might not be clued-up on the cover options that are available.

Because of this, many people end up with unnecessary gaps in their policy, which could lead to financial problems if and when a damage-causing event occurs.

That's why talking to your insurance provider is so important.

At Elders Insurance, we pride ourselves in helping clients to understand their insurance.

If you have any questions about the wording of your policy, we'll answer them and make sure you know exactly what you are getting.

And, since you're taking the time to understand our business, it's only fair that we do the same.

Michelle Cross of Elders Insurance Mackay says that "the more I know about my clients' business, the greater understanding I'll have and I'll be able to help them better".

One of the advantages of taking out a policy with Elders Insurance is that we can provide you with local service.

That means we can actually come out to your workplace and see for ourselves what you do, and what type of business insurance will best suit your needs.

This way, you'll know you're getting the right type and amount of cover - limiting your chances of being underinsured, while at the same time ensuring you're not paying for more cover than you actually need.

For more information, get in touch with your local Elders Insurance agent today.