Business Expenses

You know about Business Expenses but….

What is Business Expenses Insurance?

If you are self-employed or in a small partnership, an extended absence from your business as a result of sickness or injury could have a severe financial impact on you and your family.

Not only would business revenue reduce or even stop but fixed expenses of the business may continue. Business expenses insurance can reimburse you for up to 100% of the fixed business expenses.

If business revenue reduces but expenses continue would you allow the business debt to grow and compromise the future viability of the business? Or fund the payment of the business expenses from other income or possibly look to sell personal assets? None of these alternatives is particularly appealing.

Business expenses insurance can reimburse you for up to 100% of the fixed business expenses that continue to be incurred while you are unable to work because of a sickness or injury – both your business and your personal finances are protected.

Benefit payment is usually excluded if you suffer a sickness or injury as a result of:

  • War or an act of war
  • A self-inflicted act
  • Uncomplicated pregnancy


However, policies can differ and you need to have your financial adviser check the specific conditions that apply to any contract you are considering. It is also important to remember that benefit payments usually do not start immediately; an excess or waiting period can apply during which no benefit is payable. The waiting period is usually 14 or 30 days. Work with your adviser and choose one that suits your needs and your budget

To protect your business from whatever the future may bring, speak to your financial adviser today

To contact Paul Lewis click here

Authorised Representative No. 262 180

or call  on: (7) 3217 9015


Paul Lewis Authorised Representative No. 262 180 is a director of Lewis Insurance Services Pty Ltd (LIS). Paul and LIS are authorised to provide general insurance services only as authorised representatives of Insurance Advisernet Australia Pty Ltd ABN 81 072 343 643 AFSL 240 549. Paul is also authorised to provide financial planning services only as an authorised representative of Fortnum Private Wealth Pty Ltd ABN 54 139 889 535 AFSL 357 306 trading as Fortnum Financial Advisers and nominee of Insurance Advisernet Financial Services Pty Ltd ABN 19 132 170 337 AFSL 357 306. This article and any accompanying material does not consider your personal circumstances as it is of a general nature only. You should not act on the information provided without first obtaining professional financial advice specific to your circumstances and considering the Product Disclosure Statement.