Business Expense Cover
Business Expense Cover
Keeping Your Business Running When You Can’t
As a business owner, what happens to your fixed expenses if you’re unable to work? Business expense cover ensures your business survives while you recover.
Essential Protection for Business Owners
As a sole trader or small business owner, business expense insurance provides financial protection by covering your fixed business costs when illness or injury prevents you from working.
Who Needs Business Expense Cover?
This insurance is for:
- Sole traders
- Small business owners
- Partnership members
- Self-employed professionals
- Independent contractors
What's Covered?
Essential Services
✓ Utilities (electricity, water, gas)
✓ Phone and internet services
✓ Cleaning and maintenance
✓ Computer and IT services
Professional Fees
✓ Accounting and audit fees
✓ Legal expenses
✓ Professional subscriptions
✓ Insurance premiums
Property Expenses
✓ Rent or mortgage payments
✓ Property rates
✓ Land tax
✓ Building maintenance
✓ Security services
Staff Costs
✓ Employee salaries
✓ Superannuation contributions
✓ Workers' compensation
✓ Contract staff payments
Equipment & Vehicle
✓ Equipment leasing
✓ Vehicle payments
✓ Maintenance costs
✓ Registration fees
Tax Benefits
- Premiums are typically tax-deductible
- Benefits are generally taxable as business income
- Structured for optimal tax efficiency
Key Features of Business Expense Cover
Comprehensive Protection
• Covers 100% of eligible expenses • Customisable waiting periods • Flexible benefit periods
Tailored Solutions
• Coverage aligned with actual expenses
• Adjustable benefit amounts
• Scalable as your business grows
Peace of Mind
• Maintains business operations
• Protects business assets
• Preserves client relationships
The Harbourside Advantage
We help you:
1. Assess your business expense needs
2. Calculate appropriate coverage levels
3. Structure cost-effective policies
4. Coordinate with other insurances
5. Regular review and updates
Don’t risk your business’s survival. Contact our team to discuss how business expense cover can protect your enterprise.