With the end of the financial year looming, now is the time to review your current insurance policies. Many businesses pay their premiums blindly each year, without considering how their needs have changed. It’s easy to become complacent with your insurance but a quick insurance check up will help ensure your insurance covers you when you need it most.
Start your insurance check up by thinking about the following;
- Have you acquired any new machinery or office equipment?
- With the cost of construction increasing, do you have enough cover to replace your building in case of a catastrophe?
- Has your business grown, or your number of staff increased or decreased?
- Have you considered packaging your insurance policies to assist with cash flow?
If you’re not sure where to start or just need a bit of advice, Reliance Partners’ insurance advisors are on hand to review your policies and make recommendations to improve your cover. This can save you time, money and much heartache in the future if you find you are under insured or have the wrong cover. To find more information about how an insurance broker can help read our article Why Use an Insurance Broker, or call now to find your nearest Reliance Partner 1300 403 386.