Business Cost
Posted on by Trent Sampson
Business Cost Cover
Business cost insurance cover can be purchased as a stand alone policy or as an additional insurance within an income protection policy. The payment is designed to assist to cover fixed expenditure for a limited time, generally for one year. The idea behind this type of insurance is to assist the business to continue in the event of an illness or injury to the business owner or key person.
Claim Treatment
If a claim was to be triggered the payments from the Business cost cover, can mean the difference of this business closing or staying operative and keeping the staff employed.
Business Cost insurance for your business
It provides you the ability to cater for the unknown, still knowing that you’ve got a way to keep the business running if you are unable to engage.
Business cost insurance premiums are generally tax deductible – making business cover even more affordable
Business costs insurance covers your determined business costs, as a monthly compensation, therefore you’ll concentrate on your recovery – and not your bills!
It includes:
- office rent or fees and interest on your property loan
- leases on cars, instrumentation or machinery
- insurance and security prices
- bills - like utilities
- salaries and workers superannuation
costs to assist out whereas you concentrate on recovering
Posted in Financial Planning, Insurance, Life Insurance, Newcastle, Sunshine Coast


