CGU’s Business Package provides a wide range of business insurance protection and lets you tailor the cover you need for your business.
Whether you are in the business or retail, CGU’s Business Package can be tailored to suit your business needs. This customisable business insurance provides a range of different insurance types all under one policy – making it easy to insure your whole business with one policy.
- Build your customised policy from 15 sections of insurance covers
- Wide-ranging business insurance protection for your business under one policy
- Tailor your insurance solution to meet your business’ needs
Business package lets you customise your insurance with these 15 sections of cover
This covers damage to buildings, contents and stock caused by fire, perils and accidental damage. It includes:
- Removal of debris – up to $25,000
The interruption to trading following a fire or other insured event can often have more serious financial implications for your business than the actual damage itself. Business interruption covers the shortfall in your gross profit caused by the interruption to your business after an insured loss. It includes:
- Cover following a loss under fire, money, burglary, glass and general property sections
- Australian-based customers and suppliers – up to 20% of gross income sum insurer
- Accountant fees – up to $5,000
Burglary and money
This covers theft of business contents or stock, or theft of money.
- Seasonal increase of 50% above your sum insured for 60 days before Christmas and 30 days before Good Friday
- Theft without forcible and violent entry – up to $2,000
- Seasonal increase as for Theft, with a 50% increase on Bank and Public Holidays and other increases as nominated
- Up to $1,000 for theft by an employee
Under both Theft and Money:
- Up to $5,000 each for damage to premises, damage to safe, and replacement of locks and keys
This covers breakage of internal and external glass and signs. Includes:
- Up to $5,000 each for sign writing, replacing burglar alarm tapes, temporary boarding or replacing damaged window frames.
This covers your legal liability to pay compensation for personal injury or property damage. It includes:
- Up to $50,000 for damage or loss of goods in your care, custody and control (most occupations)
- Social clubs, canteens and sporting clubs that are part of your business
This covers fraud or dishonesty by your employees. It includes:
- Claims preparation fees – up to 10% of the employee limit or $10,000, whichever is the lesser
- Superannuation funds, welfare, social and sporting clubs that are part of your business
This covers damage to machinery caused by breakdown or damage to boilers and pressure equipment caused by explosion and collapse. Refrigerated or frozen goods can also be covered against deterioration.
This covers fire, theft, accidental damage, breakdown and business interruption cover for computers and electronic equipment.
This cover is primarily designed for property (excluding stock) which is moved around, such as tools or professional equipment.
This covers costs incurred by your accountant or registered tax agent (after receiving notification from the Australian Tax Office) in conducting an audit or investigation in relation to your liability to pay tax. It includes:
- All necessary costs up to the sum insured to comply with a tax audit
Note: This is a general description of cover only – full details are set out in the Policy wording
Forms & Downloads
I purchased my policy via broker, intermediary or advisor
- Business Pack Policy (for policies starting or renewed from 2 April 2022)(PDF, 719 kb)
- Business Pack Policy (for policies starting or renewed from 30 May 2021–1 April 2022)(PDF, 778 kb)
- Business Pack Policy (for policies starting or renewed from 31 March–29 May 2021)(PDF, 641 kb)
- Business Pack Policy (for policies starting or renewed from 17 October 2020–30 March 2021)(PDF, 2 mb)
- Business Insurance Brochure(PDF, 2 mb)
I purchased my policy directly online or over the phone
- Business Insurance PDS (for policies starting from 8 October 2021, or renewed from 13 November 2021)(PDF, 2 mb)
- Business Insurance PDS (for policies starting from 30 May–7 October 2021, or renewed from 30 May–12 November 2021)(PDF, 2 mb)
- Business Insurance PDS (for policies starting or renewed from 31 March–29 May 2021)(PDF, 1 mb)
- Business Insurance PDS (for policies starting from 6 September 2020–30 March 2021, or renewed from 17 October 2020–28 May 2021)(PDF, 1 mb)