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Insurance / Business Insurance

Why choose Business Insurance provided by Hollard?

Worldwide cover

Worldwide cover, with the exception of North America in some circumstances. See the Policy Wording for full terms and conditions.

24/7 claims support

If something covered occurs, you have access to trusted repairers and 24/7 so you're not alone.

Made for trades people

A straightforward online application process.

Cover Types

These policy overviews are a guide only. For information on the coverage, exclusions, limits and excesses, read the Policy Wording before applying or making any decision about this product.

Public and Products Liability

As a tradie, it's important to protect your business against injury to others and property damage.

Public and Products Liability cover can provide your business with protection for legal costs and compensation if a third party is injured or their property is damaged in connection with your business.*

This can include the situation where a client s property was damaged while you are working on site, or injury to a member of the public occurs arising from your business activities for which you become legally liable to pay compensation.

 

 
What’s covered
 
  • Legal and defence costs covered
  • Public and Product Liability Limits of $5 million, $10 million or $20 million offered
  • Worldwide cover (except as otherwise noted in policy documents)

General Property

Tools are essential for your business, and even a small loss can impact your ability to work.
 
Protect your tools with this optional cover. General Property covers portable or valuable items that you usually carry around with you in the course of your business anywhere in the world.
 
For example, this could cover
  • theft,
  • loss caused by fire, or
  • accidental damage

 

 

What’s covered

 

  • Repair or replacement of the damaged or stolen item
  • Cover for unspecified items up to $2,500 for any one item, subject to the maximum sum insured for all items in any one event
  • Items valued above $2,500 must be specified individually
  • Does not cover employee's own tools

Who can apply

Business Insurance is currently being offered to eligible trades.

A wide range of occupations are eligible for Business Insurance. Contact Hollard on 13 1361 to find out if you are eligible or get a quote online.

CBA receives commission from Hollard for the sale of this insurance, which ranges from 0% to 12% of the premium you pay.

 

Get a quote

Making a claim

To make a claim

 
  1. Check the Policy Wording and Policy Schedule to understand what you're covered for before lodging a claim.
  2. Business Insurance claims are required in writing. It's easiest to do this online.
  3. Once you've completed the online claim with Hollard, you will receive confirmation of your claim and the claim team will advise you of next steps. 

Help and support

Documents

Manage your policy

For support to manage your policy or make adjustments, please contact Hollard.

Call Hollard on 13 1361 Mon-Fri, 8.30am - 5pm (Sydney/ Melbourne time)

Make a claim

You can make a claim 24/7 via the Business Insurance Hub. Alternatively, call 13 1361

FAQs

The information is for general reference only and has been prepared without considering your objectives, financial situation or needs.

Please refer to the Policy Wording for more information.

Business Insurance offers Public and Products Liability and General Property (optional) cover.

  • Public and Products Liability covers your business for legal costs and compensation if a third party is injured, their property is damaged, or they suffer advertising injury in connection with your business. This can include the situation where a client's property is damaged while you are working on site or injury to a member of the public occurs arising from your business activities for which you become legally liable to pay compensation. 
  • General Property is an optional cover for portable or valuable items that you usually carry around with you in the course of your business anywhere in the world. 

Please refer to the Policy Wording and Policy Schedule for full details of exclusions and limits.

Public Liability provides cover for an injury to a person or damage to property that arise from your business activities.

Products Liability provides cover for injury to a person or damage to their property caused by any products your business produces. 

Business Insurance is currently being offered to eligible trades in Australia.

A wide range of occupations are eligible for Business Insurance provided by Hollard. Call Hollard on 13 1361 to find out if you are eligible or get a quote online. 

General Property cover is an optional cover that you can add to your Business Insurance policy. It provides cover for portable or valuable items that you usually carry around with you in the course of your business anywhere in the world. Cover is only for property which was purchased by, and used in service of, your business. Tools and property owned by employees, including their personal property, are not covered.

No, Business Insurance does not cover loss of income. It is specifically designed to cover third party injuries or damage to property caused by the business.

No, we don't currently offer motor vehicle insurance through the Business Insurance policy. Car Insurance is available for vehicles owned by a business (subject to certain eligibility criteria). Find out more about Car Insurance

Cover may extend to subcontractors in certain circumstances. See the Policy Wording for full terms and conditions.

The cost of Business Insurance depends on several risk factors, including the type of work that you do, size of your business, the level and type of cover that you need and the likelihood of a claim. 

Yes, Business Insurance provides cover worldwide, with the exception of North America in some circumstances. See the Policy Wording for full terms and conditions.

Proof of insurance usually refers to a document that shows that you have an active insurance policy in place. A Certificate of Currency can usually provide this proof of insurance. If you require a Certificate of Currency, contact Hollard by phone on 13 1361.

You can pay your Business Insurance annually upfront. We do not currently offer monthly instalments.

Get a quote online for Business Insurance. Follow the simple steps to get covered. You will need to provide occupation and business details and select the type and level of cover required to get a quote.

Things you should know

  • Distributed by Commonwealth Bank

    *Subject to policy terms, conditions, limits, exclusions and excesses.

    Business Insurance is a wholesale insurance policy. This means certain disclosure requirements that apply to retail insurance products do not apply to this policy. This information is current as at the date of publication and may change.

    Business Insurance is provided by Hollard Insurance Partners Limited ABN 96 067 524 216, AFSL 235030 (Hollard) and distributed by the Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (CBA). Hollard is the issuer of this Business Insurance product. Hollard is not part of the CBA Group. CBA does not guarantee the obligations or performance of Hollard or the products Hollard offers. Neither CBA, nor any of its related bodies corporate accepts liability or guarantees payment of any claim or benefit in respect of general insurance products issued by Hollard. CBA may be paid a commission if Hollard issues you with a Business Insurance policy. Details are provided in the Financial Services Guide (FSG) by clicking on the link.

    This information may include general advice but does not take into account your individual objectives, financial situation, needs or tax circumstances. Before making any decision about this product you should consider this information in relation to your own circumstances. Policy Wording Document is available by downloading from commbank.com.au or by calling Hollard on 13 1361 and should be considered before making any decisions about this product.

    Hollard is a signatory to the General Insurance Code of Practice. For more information, visit www.codeofpractice.com.au.