Commercial property

CGU Padlock offers comprehensive cover for commercial properties with values of up to $200 million.


Make sure your commercial property is properly protected with CGU's commercial property owners insurance, CGU Padlock. This ideal all-in-one policy offers comprehensive cover for commercial properties with values of up to $200 million, including material damage, machinery breakdown, OHS legal costs and commercial liability exposure.

This policy can be tailored to suit your individual insurance requirements, so you only pay for the cover you need, regardless of the size or type of your property. Lock and insure your commercial property with CGU Padlock today.

Get a quote and apply

Contact your insurance adviser or find an insurance adviser to obtain a CGU Padlock quote and complete an application. 


Key features

  • Loss of income cover, including tenant rent and other sources of income
  • Choice of liability insurance cover amount
  • Up to $100,000 for OHS legal costs
  • Up to $5,000 tax audit cover
  • Glass damage repair
  • Up to $50,000 for claims preparation costs
  • Up to $350,000 for extra cost of re-instatement
  • Cover for general theft (no sub limit) and money theft (up to $50,000)
  • Machinery and electronic equipment breakdown
  • Material or equipment damage to commercial property (no sub limit for accidental damage)
  • Optional cover for rent default
  • Up to $25,000 for accountant fees
  • Up to $10,000 for theft in open air
  • Additional benefit of $100,000 for removal of debris, if sum insured is exhausted


Every eligible business will receive a Sum Insured Health Check – a free desktop estimate of properties insured under the CGU Padlock policy.

Speak with a business insurance specialist

Our team of friendly business insurance specialists can help you understand what covers are available for your business.