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Elders Business Insurance

Elders provides tailored business insurance to small and medium enterprises; is it right for you?

Gary Hunter
Gary Hunter

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Elders Insurance specialise in providing a broad range of business insurance policies and packages suited to small and medium enterprises. When you purchase a policy, you'll be assigned your own local agent who will know you and your business. They have several policies to choose from, so we've broken down Elders business insurance options below.

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What are Elders business insurance options?

Elders provide a number of business insurance options tailored to various needs. Their products include:

Business property

Financial protection for the building you own, the premises you lease or for your home business, Benefits include:

  • Cover for employees' equipment
  • Cover for employees' personal effects
  • Fire extinguishment financial protection
  • Government charges and fees
  • Landscaping repairs and costs

Business liability

Financial protection for your business if something goes wrong and a third party is affected. This can cover you for:

  • Personal injury
  • Property damage
  • Defence claims

Business interruption

You can get cover for loss of income and the increased costs of working for the following:

  • If you need to close due to an insured event
  • For damage due to an insured event
  • Cover for computer installation
  • Rewriting of records

Business theft

This can cover you for loss of stock and contents including repairing damage, replacing locks and more. Benefits can include:

  • Repairing damage to business premises
  • Repairing property
  • Repairing/replacing fixtures & fittings
  • Repairing/replacing locks and keys
  • Cover for theft of your personal property

Business glass

Business glass damage can cover glass replacement as well as damage to stock, the cost of temporary shuttering and more, including repairing:

  • Alarms
  • Shop front damage
  • Sign damage

Business vehicle

Business vehicle insurance is designed to financially cover the vehicle or vehicles you rely on to keep your business going. Benefits include:

  • Providing you with your choice of repairer and a repair guarantee
  • Covering you for towing costs
  • Paying for the removal of debris from your vehicle
  • Reimbursing you for emergency services charges
  • Providing a hire vehicle if your is stolen

What other business cover options are available?

Elders also provide a number of other business insurance options to fit different sizes and needs. Some of these options include cover for:

  • Money
  • Machinery breakdown
  • Electronic equipment
  • General property
  • Employee dishonesty
  • Tax audit
  • Statutory liability
  • Employment practices

They also provide specialist business cover which allows you to tailor insurance to your specific needs. Some of their available benefit options include:

  • Management liability
  • Professional indemnity
  • Corporate travel
  • Workers compensation
  • Special plant & equipment
  • Voluntary workers
  • Industrial specialist risk
  • Contract works
  • Cyber risks
  • Builders warranty
  • Aviation
  • Personal accident, illness & injury
  • Machinery & plant
  • Marine & transit
  • Commercial strata

What's excluded from Elders Business Insurance policies?

As with all types of insurance, not everything is covered by an Elders business insurance policy. For a full list of exclusions, read the product disclosure statement (PDS). Here's an overview of what is not covered:

  • Any loss or damage as a result of war or terrorism
  • Any loss or damage as a result of intentional damage
  • Any loss or damage related to unoccupancy e.g. if you leave the property unoccupied for more than 60 consecutive days
  • Any loss or damage related to electronic data e.g. the cost of rewriting records as a result of loss of electronic data
  • Any loss, damage or liability related to alteration unless written consent is obtained, for example, if the insured building is changed in such a way as to increase the risk of damage or the likelihood of liability losses.

How to make a claim with Elders Business Insurance

When you sign up to a policy with Elders, you're assigned a local agent and you will be able to have them deal with everything. You'll be provided with a contact number so that you can get in touch with them directly. To make a claim, simply get in touch with your local agent. If you can't remember them or don't have their number anymore, you can get it from your renewal form or find them here. Alternatively, you can contact the Elders Insurance National Claims Line on 1300 554 184.

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