Commercial Insurance
The Business Insurance policy that you design
Smart Choice Insurance covers your nominated business assets and liabilities, and can be structured to incorporate the specific covers that you require. Suncorp SmartChoice is about managing risk and the stress that goes with it. You may choose from any of the covers listed below, but please note that you must choose a minimum of two covers.
For certain policy sections such as Burglary/Theft, Money, Glass and Transit , you must choose them in combination with Fire and Defined Events / Accidental Damage cover.
Fire and Defined Events / Accidental Damage*
Covers you for loss or damage to buildings, business contents and stock as a result of certain specified events, including Fire, Storm (but not flood)and Malicious Damage.
Business Interruption
Covers your profit if it is affected by loss or damage to property which is covered under either your Fire and Defined Events/Accidental Damage, Burglary/Theft, Money, Glass or Electronic Equipment covers. Coverage is on the basis of either, annual revenue, weekly revenue or critical income.
Burglary / Theft*
Cover for theft of stock and contents contained in a building, following forced and violent entry.
Money
Covers loss or damage to money in the business premises during and after business hours, money in transit, or the money in your private home. Subject to policy conditions.
Glass*
Covers breakage of internal and external glass.
Broadform (Public & Products) Liability
Covers your Legal Liability for personal injury and property damage which happens in the policy period, caused by an occurrence in connection with your business or products.
Machinery Breakdown
Covers the cost of repairing or replacing machinery if it suddenly breaks. You can also cover the deterioration of refrigerated goods. Subject to policy conditions.
Electronic Equipment
Two levels of cover are available. Breakdown Cover covers loss due to a sudden electronic or mechanical malfunctioning or failing whilst Maxicover covers loss or damage to equipment.
Portable Property
Covers loss or damage to items of your choice, such as laptop computers and mobile equipment anywhere in Australia.
* Note:
Please read the Smart Choice Insurance Product Disclosure Statement including Policy Wording before you make any decision regarding this product. You may contact us for a copy, or download a copy from the link in the Product Disclosure Statement section below.
Product Disclosure Statement
Smart Choice Insurance is issued by Suncorp Metway Insurance Ltd. ABN 83 075 695 966. Please read the Smart Choice Insurance Product Disclosure Statement including Policy Wording before you make any decisions regarding the product.