With a climate so unpredictable are you willing to take any further chances?
FLOODS, STORMS, DAMAGED CROPS, BUSHFIRES‚Ä¶ WHAT ON EARTH NEXT?
The last few weeks should be a smack in the face for all of us and we should realise we will all be affected by natural disasters in one way or another. It's now time we all pull our dacks up and prepare for what ever Mother Nature will throw at us next. Devastation has already been seen in many parts of Australia and again we see so many families & businesses not insured or drastically under-insured. This is a huge problem for Small Business, the Business owners must now stand up and get more proactive about their business's future. Financial consequences due to no insurance or even by being under-insured can be significant and have long term effects on your business & livelihood yet people still believe it won't happen to them. It will happen, it's just a matter of when! Your Business Insurance can be much more productive & should be offering you a greater level of protection.
Agricultural and farming businesses
Take farming businesses as an example.
Multi-Peril Crop Insurance offers coverage against all perils including weather, pests, plant disease and livestock damage. Claims payable will be calculated as the difference between the Sum Insured Revenue and the Actual Revenue, less the applicable value of any retained losses. For most farmers to survive the ever changing Australian climate for generations to come, it is now time to get really serious and consider Multi-Peril Crop Insurance options. With a climate so unpredictable are you willing to take any further chances?
Businesses in flood-prone areas
Flood insurance is very important to protect your Domestic Home & Business and it is possible to add this coverage to your Home & Business Insurance policy. Flood insurance is a very important option that is not provided in every policy, so it is vital to engage a Qualified Insurance Broker who can assist you in obtaining this option. Insurance will never be perfect but we can make the basics perfect so when disaster strikes you can have a roof over your head & a business to go back to.
Preparing for bushfires before they happen
Bushfire season is closely approaching and it is still alarming that many home owners & property owners still don't have adequate cover in place or worse still, none at all. Predictions of a hot, dry summer with higher temperatures than our summer average should be sending a strong reminder to households & business owners in fire zones to prepare for a much higher risk this bushfire season. Springtime is the perfect time to prepare for the much-dreaded bushfire season that looms. Insurance is now more affordable than you think. If your insurance review is completed yearly and is completed with a Qualified Insurance Broker then you will be paying the right premiums. There are many payment options to make protecting your properties more affordable with little strain on your cash flow.
Don't expect help from Government or charities in times of environmental peril
There is no guarantee that our Government will be able to provide a suitable financial solution for when disaster strikes. To date they haven't been able financially support all those who have lost, so the future will be no different. Charity organisations and the goodwill of others is never guaranteed either as their own resources are stretched to the limits. It is now time for all businesses to be responsible for our belongings & stop cutting corners. Stop putting what you have worked so hard for at risk with flow on consequences that can leave you financially stretched or destroyed. If you have business loans or a mortgage the banks will still demand their money even after your Business and / or Home is totally destroyed. The cheapest off the shelf policy will no longer protect you, only the right coverage will.
If you're not happy with your Insurance, don't stay with your current provider. It's simple, you have options. Now it's time you use them.
Speak to the experts
At National Insurance Brokers we have a proven history of providing market-leading cover options for the entire Agriculture & SME sector. We fully understand the unique issues faced by business owners from all industries, and the best ways to protect our clients business & livelihood from the issues faced by different regions around Australia. We promote a strong client first focus and as Insurance Brokers we work on behalf of our clients, not the insurer. This gives us the power to negotiate all aspects of our client's insurance & any insurance claim so our clients can keep working in their business. We work closely with our farmers so we too understand the land and all risk factors including the current climate conditions. This very same service can't be offered by any advisor in any capital city. National Insurance Brokers has access to a global market of insurers to deliver superior coverage at the right price. Every Australian Farmer, Small Business Owner & all Property Owners along with their tenants deserves the best and we aim to deliver on time every time whilst supporting all facets of their business. NOW is the perfect time to ask questions and start taking your Insurance seriously. Speak to me today for advice and a quote. General Advice Warning: This advice is general and does not take into account your objectives, financial situation or needs. You should consider whether the advice is suitable for you and your personal circumstances. Before you make any decision about whether to acquire a certain product, you should obtain and read the relevant product disclosure statement.
Advisr does not provide advice and does not hold a financial service license (AFSL). All information above has been provided by Abbie Wilson.