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Home / Business Sectors / Small Business Insurance

Small Business Insurance

Business insurance is important for all businesses but it is small and medium businesses that have the most to lose by not having adequate insurance protection. While larger businesses may be able to absorb losses, the risks for smaller businesses are much more significant. That’s why AIB has developed flexible small business insurance packages so that you can run your business with confidence, knowing that their premises, stock and equipment are protected by insurance.
Small Business owners in aprons requiring insurance
Small Business

Insurance For Small Business Made Simple

At AIB, we understand that your small business isn’t just a venture – it’s your livelihood. In the ever-changing Australian market, safeguarding that dream is paramount. That’s why AIB’s insurance for small business offers comprehensive, tailored solutions to protect your business against the unexpected. Whether you’re in retail, hospitality, consulting, or any other industry, we’ve got you covered. Every business is unique. Our experts work closely with you to understand your specific needs, ensuring your coverage matches your business profile perfectly.

Who Should Consider It?

If you run a small or medium sized business and you have important business assets including property, stock or products that you can’t afford to lose, then Small Business Insurance is going to be vital. Business insurance is important for all businesses regardless of their size or turnover. Small to medium businesses are more often significantly impacted by single events and are often most affected by not having adequate insurance protection.

AIB are Business Insurance specialists and we work with a wide range of business types including retail, childcare, tourism, construction and tradies. We can help you find insurance cover best suited to your specific needs.

While some types of cover may be compulsory for the type of business you run including workers compensation and public liability insurance, there are a wide range of options that may be relevant for you. Every business is unique. Our insurance experts work closely with you to understand your specific needs, ensuring your coverage matches your business profile perfectly.

If your business involves direct contact with the general public then Public and Products Liability Insurance cover is going to be a necessity for your small or medium business. This type of insurance protects you against the financial impacts of negligence which results in personal injury to others of property damage.
In Queensland, it is optional for many small businesses. However, there are a number of business types where public liability insurance is mandatory.

Other Business Insurance Covers To Consider

  • Property damage protection: coverage for damage to property caused by fire, theft, or other events. This can help cover the costs of repairing or replacing damaged property, which can be particularly important for small businesses that rely on equipment or inventory to operate.
  • Professional Indemnity: Safeguards your business against claims of negligence or breach of duty arising from advice or services.
  • Business Interruption: If your business is unable to operate due to an unexpected event like a natural disaster, insurance can help cover the costs of lost income and expenses, such as rent or payroll.
  • Employee protection: Insurance policies can provide coverage for injuries or illnesses sustained by employees on the job, as well as for lawsuits related to employment practices, such as discrimination or wrongful termination.
  • Cyber Liability: Protects against digital threats, including data breaches, cyber-attacks, and system hacking.

Why Choose AIB for Your Insurance?

  • Tailored Solutions: Our team of experienced small business insurance brokers is here to guide you through your options, so you can make informed decisions with confidence.
  • Quick Claims Processing: We know that time is money. Our streamlined in-house claims process ensures quick and fair settlements, so you can get back to business as usual.
  • Comprehensive Support: From initial consultation to claims handling, our dedicated support team is here to assist you every step of the way, ensuring a smooth and hassle-free experience.
  • Competitive Pricing: We believe in offering high-quality insurance solutions at competitive rates, ensuring you receive value without compromising on coverage.
  • Australian Owned and Operated: Part of the Steadfast Group and proudly serving small businesses across Australia for over 40 years, we understand the local market and regulatory environment, offering you the best possible protection.

Ready to Secure Your Business?

Get started today by requesting a free, no-obligation quote. Our team is ready to help you customise the perfect insurance solution for your small business, giving you peace of mind to focus on what you do best – growing your dream.

Contact AIB Insurance Brokers now to ensure your small business is protected against tomorrow’s uncertainties. Because at AIB, we’re not just your brokers—we’re your partners in success.

Cover You May Need
What Is Public and Product Liability Insurance? Public and Product Liability Insurance helps protect your business from legal liability in the event a third party suffers an accident, injury or property damage, caused by your business or by the products you sell. This can include members of the public, customers or suppliers. It is generally...
What Is Professional Indemnity Insurance? Professional Indemnity Insurance (also known as PI Insurance or Errors and Omissions cover) is a form of liability insurance that protects professionals and their businesses against potential risks of claims arising from advice and services provided to their clients. In simpler terms, if your client suffers loss, be it financial,...
What Is Management Liability Insurance? Management Liability Insurance is a specialised policy designed to protect you and your business against the risks and financial exposures that come with managing a company. In the dynamic world of business, owners and decision-makers have never faced a more challenging time, particularly in a highly regulated market like Australia....
What Is Directors and Officers Liability Insurance? Directors and Officers (D&O) Liability Insurance sometimes abbreviated to D&O insurance offers financial protection for company executives from personal liability for actual or alleged ‘wrongful acts’ in their capacity as corporate officers. It can indemnify your executives, directors and managers against personal financial loss and reimburse the costs...
What Is Commercial Property Insurance? Commercial Property Insurance, sometimes known as commercial building insurance, can help protect your valuable business assets from the most common risks such as fire, theft and malicious or accidental damage. If you run a business, whether it be from an office space, retail premises, industrial unit or other specialty business...
What Is Commercial Vehicle Insurance? Whether it’s a fleet of company cars, vans, trucks or utes, Commercial Vehicle Insurance can help protect the assets that keep your business moving. Commercial Motor Insurance is an essential safeguard for businesses that rely on vehicles for their day-to-day operations. Tailored to meet the unique needs of commercial or...
What Is Cyber Insurance? In today’s digital landscape, there are a growing array of cyber threats for business owners to consider. Cyber Insurance, also known as cyber risk or cyber liability insurance, is designed to protect you from the potentially crippling financial and reputational impact of such threats. This includes losses arising from computer hacking,...
How Can Business Pack Insurance Protect You? Business Pack Insurance is a collection of the most commonly required covers that help protect your business from a wide range of risks. A business takes years to build – but an accident or disaster could destroy it all in minutes. That’s why businesses should help protect themselves...
What Our Clients Say
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Areas We Service
AIB Insurance is one of the best known and most trusted business insurance brokers on the Sunshine Coast. Based in Maroochydore, we have grown to become recognised across Queensland and throughout Australia.
AIB are the insurance brokers Brisbane businesses trust with all aspects of their insurance. We take the time to find out about your business, recommend appropriate cover and deal with all aspects of the process, including if you need to make a claim.
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