Confused About Your Options? Types of Insurance Policies Explained


Insurance is a financial product provided by insurance companies to protect you and/or your personal property against the risk of loss, damage or theft. There are many different types of insurance available today; some types are compulsory, such as house insurance if you have a mortgage on your home. Here are some of the most popular policies explained.

Home Insurance

Home insurance, also known as property or buildings insurance, is essential if you own a home. This type of insurance covers you for damage to your house caused by risks such as fires and floods. Most home insurance policies cover your main dwelling and any lockable outbuildings.
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Working with an Insurance Broker Helps You Purchase The Right Policy


If you are thinking of buying an insurance policy, you might want to think about using an insurance broker. An insurance broker is a professional who acts as a link between insurance companies and customers.

How can a broker help me?

A broker can research the insurance market to find the right policy for you, based on your particular needs. Once they have done their research, they will present you with a range of available options. It is then up to you to decide whether or not to purchase one of these policies.
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The Basics of Business Interruption Insurance for Sunshine Coast Firms


Cash-flow is king as the saying goes. It is one thing to insure your physical property of the business , but how do you keep your business running in the event of a loss?
Business interruption insurance is designed to protect the loss of income and assist a business to return to the same financial position as if the loss never took place.

If your business experiences a loss, such as your physical building burns down or an electrical storm wipes out your power and you cannot continue to work, your property or material damage insurance policy is triggered to repair your physical business. What happens though in the meantime? Repairs to your building or replacing electrical / computer equipment or data may take months or even years.
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