Travel Insurance is essential for companies operating in major Australian cities, including Perth, Sydney, Melbourne, Brisbane, and Canberra. BAU Risk provides specialized insurance tailored to meet the needs of businesses in the travel and tourism industry.
This coverage safeguards against risks such as property damage, liability claims, and unexpected business interruptions, allowing companies to operate efficiently and confidently. By securing Travel Insurance, businesses can focus on delivering seamless travel experiences without the burden of potential disruptions.
According to the Australian Bureau of Statistics, the travel industry in Australia contributes over $60 billion annually to the economy, underscoring the need for comprehensive insurance.
Several reports by the insurance community in Australia also indicate that travel companies face various risks, including property damage, liability claims, and business interruptions.
BAU Risk’s Travel Insurance offers protection across multiple essential areas to support the travel sector. Property Insurance provides security for valuable assets and equipment, ensuring that damage or loss does not impact business operations. Additionally, Public Liability Insurance is critical for covering third-party injury or property damage claims, protecting companies from potential liabilities associated with client interactions and travel experiences.
Business Interruption Insurance offers financial support during periods when unexpected events impact business operations, providing revenue stability during downtimes. Professional Indemnity Insurance is also vital, covering potential claims of negligence or errors in service delivery—essential for businesses providing professional travel services. For businesses with employees, Workers’ Compensation Insurance ensures staff injuries sustained on the job are adequately covered. Management Liability Insurance further protects business leaders and executives from potential legal and financial liabilities.
Protects assets and equipment from damage or loss.
Covers third-party injury or property damage claims.
Provides financial support during periods when operations are disrupted.
Provides protection against claims of negligence or errors in professional services.
Covers medical expenses and lost wages for employees injured on the job.
Offers protection against claims related to management decisions and actions.
By investing in Travel Insurance, companies can ensure they are protected against various risks, allowing them to operate smoothly and efficiently.
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Keeping your business covered, so you can keep business as usual.
BAU Risk Services Pty Ltd is a Corporate Authorised Representative (CAR No. 001308013) of Apollo Risk Services Pty Ltd AFSL 403727 and provides General Insurance and Risk Management Services to their Australia wide clientele.