Key takeaways
- Insurance Australia Group (IAG) is the largest general insurer in Australia and operates business insurance through brands such as NRMA, CGU and WFI, followed by Suncorp Group and QBE.
- Direct brands like AAMI, Allianz and NRMA offer 'Business at Home' policies for residential operations and often include monthly payments at no extra cost.
- Some brands such as Vero, Chubb, Zurich and DUAL operate through brokers and specialise in high-risk, niche or complex industries that retail insurers may not cover.
- Bundling business cover with home or motor policies through providers like NRMA or AAMI can deliver multi-policy discounts of up to 15%.
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Ask a question
I have business protect insurance and pay $520 a year. I only work 2 days a week in a hairdressing salon in a nursing home.
I think this is too much.
Hi Ellie,
Thank you for getting in touch with Finder.
If you think that you are paying more than you should, I suggest that you determine your insurance needs. You may want to read more about tips and strategies in getting business insurance.
I strongly suggest that you contact your insurer directly regarding this before switching, hopefully, they can offer a cheaper one. Also, seek professional help by talking to an expert on which or where to take out your policy with.
I hope this helps.
Have a great day!
Cheers,
Jeni
Hi
Just I was wondering in case a staff works in more than one workplace with exactly the same job nature, can the insurance cover the all workplaces?
Hi Nasim,
Thank you for your question.
Terms and conditions vary from insurer to insurer. You can reach out to an advisor by completing the contact form on our business Insurance home page. Once you have done so an advisor will be in touch to help you.
Cheers,
Zubair