SimplyCovered

Comprehensive Business Insurance for Your Business

The Easiest Way To Insure Your Business

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Business Insurance Easily Tailored To Your Needs

From sole traders and new businesses to well-established SMMEs, you can get the right cover for your business instantly online. With our range of business insurance products, you can get tailor-made insurance to meet your exact needs and budget.

Why SimplyCovered? We've Made Business Insurance Hassle-Free

Instant Business Cover

No matter the day or the hour, you can get instant business insurance cover with our online portal.

No Paperwork

All your information and documents are captured online, so absolutely no paperwork is required.

Customised Cover

Customise your specific occupation or industry cover further to suit your needs and budget.

Compare Insurance Quotes

Compare quotes side-by-side from leading insurers, unique to your business.

Manage Everything Online

You're in control. Manage your cover from anywhere in the world with our online client portal.

Cover Options

With Products Available To Suit Any Small Business

From sole traders to well-established SMMEs, our range of business insurance cover options ensures you get a tailor-made policy to meet your needs and budget.

Public Liability

Protects your business if a customer, supplier, or member of the public is injured or suffers property damage.

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Professional Indemnity

Designed to give your business protection against financial or legal costs in the event of a third-party claim.

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Comprehensive Business

Get peace of mind and ensure the future of your business with a policy that can be customised to your specific needs.

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Cyber Liability

Covers your losses for a variety of cyber breaches or attacks and provides access to expert resources.

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Contractors All Risk

Specifically designed to cover contractors and their projects, including damage to equipment and machinery.

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Event Liability

Shields event organizers, venue owners, and other involved parties from legal and financial risks.

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Business Insurance for Industry Changers

Frequently Asked Questions

What is Business Insurance?

Simply put, business insurance is designed to protect businesses from financial losses due to unforeseen events or circumstances. It covers a range of risks, including damage to property, theft, liability claims, employee-related claims, cyber-attacks, and more.

Why do I need Business Insurance?

No one can predict the future. Whether you are a restaurateur, lawyer, butcher, accountant, or plumber, your business is vulnerable to risks. These unforeseen events could cause significant financial loss, drain your hard-earned resources, and potentially force you to shut down operations. Adequate coverage protects your assets and mitigates potential losses, securing your business's future.

What type of insurance do Startups need?

Startups need right-sized coverage to protect themselves from early-stage risks. This may include:

  • Liability Insurance: Covers lawsuits related to bodily injury or property damage.
  • Professional Indemnity Insurance: Protects against claims of negligence or mistakes in professional services.
  • Property Insurance: Covers damage or loss of business property.
  • Portable Possession/Electronic Equipment: Covers items like smartphones, tablets, laptops, and cameras.
  • Business Interruption Insurance: Helps replace lost income and cover expenses if operations are halted.

Every business is unique. Consult with a qualified professional to determine the exact coverage you require.

What factors influence Business Insurance premiums?

Several factors can influence your unique premium, including:

  • Business size and type: Different industries carry different risk levels.
  • Claims history: Frequent or high-value past claims may increase your premium.
  • Location: Areas with higher crime rates or natural disaster histories may affect costs.
  • Coverage limits: Higher limits typically lead to higher premiums.
  • Employee count: More employees can increase the risk of accidents or injuries.
  • Deductibles: Choosing a higher deductible lowers your monthly premium.
  • Business revenue: Higher revenue often means protecting against greater financial risk.