Machinery & Electronic Equipment Breakdown Insurance

Machinery & Electronic Equipment Breakdown Insurance covers repairs to your machinery or electronic equipment following a breakdown in which there has been physical damage. It applies to a wide range of commercial and industrial industries including manufacturing, accommodation and hospitality, retailers and commercial property owners. This is a critical cover for businesses where the breakdown of machinery or electronic equipment has a direct impact on productivity.

Machinery Breakdown Insurance covers mechanical items such as engineering plant, boilers, refrigeration equipment, commercial cooking equipment and air conditioners for repair or replacement costs following sudden and unforeseen breakdown.

The following extensions may also be available:

• Loss of stock in cold storage, including the disposal of the spoiled goods
• Additional costs incurred as a result of a breakdown, such as costs associated with hire of temporary equipment, staff overtime, and other necessary emergency expenses
• Loss of revenue following breakdown of critical plant or equipment

Electronic Equipment Breakdown Insurance covers electrical appliances including computer equipment and servers, printers & photocopiers, alarm systems, telephone systems, audio-visual equipment, POS systems, and the like for insurable breakdown.

The policy can also extend to cover costs associated with restoration of electronic data following breakdown and the increased costs of working (such as the hiring of alternative computers) following the breakdown.

For further information or assistance in developing the right Machinery & Electronic Equipment Breakdown Insurance solution for your needs, contact the professionals at Perrymans today.

Business and Office Insurance

Protecting your commercial assets is not only good business practice, it is safeguarding for your business’ future. Your buildings, contents, stock, machinery and everything else you’ve worked hard to establish needs to be protected from losses due to unforeseen events and circumstances that may occur during the normal course of business operations – which is exactly what Business and Office Insurance offers.

Business and Office Insurance offers a range of covers in the one product, such as protection for your assets, liability insurance and breakdown cover, and can be tailored to meet your specific needs – making it a cost-effective and practical solution to your insurance requirements.

Coverage Available with Business & Office Insurance

Each company is presented with a set of unique risks to their business, which should be carefully evaluated to determine specific Business & Office insurance needs – depending on the type of business and environment in which they operate. Some examples of the types of coverage that can be involved in Business and Office Insurance include:

Fire & Defined Events / Accidental Damage

This covers your premises, contents and stock against damage caused by a range of defined events stipulated in the policy wording, which generally includes fire, storm damage, impact damage and others.

Business Interruption

This can cover your loss of profits and unexpected expenses caused by your business’ inability to operate following an insured event. This can also cover relocation costs and provide ongoing financial assistance throughout the rebuilding process.

Glass Insurance

Covers for accidental breakage of glass, including windows, shop fronts, display cases, specialised glass signage and other glass surfaces.

Money

Covers you for theft of money that incurs at a business premises, personal residence, or whilst in transit between the two.

Theft

Covers you for theft of stock and contents that is taken via forcible or unlawful entry into your business premises.

How can Perrymans help with Business and Office Insurance?

Being a flexible policy that includes a range of coverages, it is important to make sure that your business receives a customised Business or Office Insurance Policy that is tailored to your specific needs.

At Perrymans, we take time to understand the unique set of risks faced by each of our clients, and then use our industry experience and connections to wade through the multitude of products available in the market and find the most appropriate and cost effective coverage for you. We chose to only deal with insurers who meet our exacting criteria for coverage, premium and claims service, and that demonstrate an enthusiasm for your industry.

Commercial Property Insurance

For business owners or landlord with commercial premises, whether that be a warehouse, showroom, retail store or office, Commercial Property Insurance is an important investment, ensuring peace of mind for protection of the property and the future of the company.

This type of insurance protects any type of commercial property from perils such as fire, theft and natural disaster and can be tailored to cover your specific contents, fixtures and fittings.

A major risk for property operators is loss of rental income due to a total or partial loss in the rented property. After a major loss, there will be an interruption to rental income until property is reinstated and suitable replacement tenants are found.

How Perrymans can help with Commercial Property Insurance

Commercial properties face unique sets of risks, especially depending on the operation of the business, and thus having an educated understanding of what coverage your business requires is essential to acquiring an appropriate and cost effective Commercial Property Insurance Policy.

For further information or assistance in finding the right Commercial Property Insurance solution for your needs, contact the professionals at Perrymans today.

Motor Fleet Insurance

Any business owner will understand the potential disrupting impact and costs of a company vehicle being off the road, whether it’s due to theft or accidental damage. Having adequate Motor Fleet Insurance provides protection for businesses and enterprises against losses or inconveniences, dealing with claims in the event of a loss and ultimately getting these important vehicles back and operating for your business as soon as possible.

What does Motor Fleet Insurance cover?

Motor Fleet Insurance is designed to protect businesses that rely on work vehicles from a wide range losses, including theft, own damage and third party damages. Vehicles that fall under a ‘business fleet’ can be included as part of a Motor Fleet Insurance policy, which can include:

• Business Owners personal cars
• Senior Management or Representatives cars or vehicles
• Light Commercial Vehicles
• All Delivery Vehicles, including heavy transporters and trucks
• Mobile Plant Machinery and Equipment, including loaders, cranes and excavators

Commercial Motor Fleet Insurance can provide flexible cover for a range of different vehicles and fleets and allows you to insure all your vehicles under one comprehensive policy, from cars, to semi-trailers and mobile plant machinery.

How can Perrymans help with Motor Fleet Insurance?

At Perrymans, we understand that different businesses have unique fleet insurance needs. We work with you to gain an understanding of your specific needs, priding ourselves on our personal approach and commitment to achieving the best possible insurance outcomes.

Marine Cargo Insurance

Transporting goods presents a number of potential risks and anyone who has need for transporting on a regular basis will understand the importance of adequate insurance to cover your assets whilst en route to their destination.

Marine Cargo insurance covers loss or damage to goods while in transit between the point of origin and final destination. This may be imports into or exports out of Australia, or transits between foreign ports. Cover extends to all methods of transport – sea, rail, road or air.

Goods in Transit insurance is an annual cover for inland transits within Australia. The premium is based on the annual value of the transits, together with the types of goods being transported.

How can Perrymans can help with Marine Cargo Insurance?

Given the complexity of this cover and the basis upon which it is issued, the right advice together with a properly constructed cover from an experienced broker, such as Perrymans is critical. Contact us today for further enquiries.

Commercial Strata Insurance

Commercial Strata Insurance is designed to provide cover for commercial buildings under a strata title, from retail shops to multi tenanted commercial sites, with insurance needs that may not always be covered under a standard commercial property insurance policy.

The varying activities of occupants within mixed tenancy commercial strata buildings can make it difficult to obtain appropriate insurance cover for individual business needs, regardless of the size or type of the strata property. This is why sourcing tailored commercial strata insurance through a broker with experience dealing with multi-occupancy properties is essential for obtaining comprehensive protection where you only pay for the cover you need.

General Features of Commercial Strata Insurance Policies

Of course, due to the tailored nature of commercial strata insurance policies, features may change to suit specific requirements, but some common features include:

Building Replacement & Reinstatement – Providing cover for building structures and any Common Property area fixtures or fittings.

Loss of Rent – Covering the cost of alternate premises or ongoing rent if premises is deemed unfit to work from or occupy for a period of time due to an insured peril.

Catastrophe Cover – Providing additional sum if building is considered total or partial loss due to a catastrophe invoking state of emergency, e.g. earthquake, bushfire, hurricane, tsunami.

Public Liability – Providing cover for the legal liabilities of the corporation in relation to the property or common contents.

Fidelity Guarantee – providing protection for corporations against fraudulent embezzlement or misappropriation of funds and tangible assets.

Machinery Breakdown – providing coverage in the event of unforeseeable physical breakdown or damage of machinery.