A Business Package Policy offers extensive customisation to suit your specific needs. It can cover your operational property, third-party liabilities, and even extend to financial and management risks with flexibility that allows you to tailor the policy to your business requirements or complement it with other stand-alone policies.
Typically includes coverage for:
Property damage
Business interruption
Theft
Money
Glass
General property
Machinery breakdown
Electronic equipment breakdown
Public & products liability
And possible extensions of:
Management liability
Tax Audit
Commercial Motor policies are designed to safeguard your business’ fleet, typically providing cover for up to 20 vehicles under the one policy.
Coverage can include:
Vehicle damage
Third-party liability
Theft and vandalism
Fire and explosion
Car hire following accidents
Emergency repairs and towing
Windscreen and glass damage
Goods in transit
Construction insurance is designed to protect builders, contractors, and property developers against risks that may arise during the construction process. It provides cover for property damage, third-party liability, and the theft or loss of building materials on-site.
This type of policy is crucial for projects of all sizes, ensuring that unexpected incidents like fire, storm damage, or equipment theft do not derail progress. It can also cover the costs associated with delays or legal claims resulting from construction-related accidents.
Extensions can include coverage for existing structures, advanced loss of profits, or tools and plant machinery, providing tailored protection for every aspect of a construction project.
Typically includes coverage for:
Property Damage
Plant and Equipment
Third Party Liability
The following policies should also be considered for construction risk:
Professional Indemnity
Workers Compensation
Environmental liability
Corporate Travel Insurance provides comprehensive coverage for employees who travel domestically or internationally for business purposes. It ensures that your team is protected from unforeseen incidents during their travels, safeguarding both the business and its personnel from financial and logistical setbacks. This type of policy is essential for companies that have employees traveling frequently for work, ensuring business continuity and peace of mind while abroad.
Coverage typically includes:
Medical Expenses:
Travel Delays and Cancellations:
Loss of Luggage or Business Equipment:
Personal Liability:
Accidental Death and Disability:
Cyber insurance is designed to protect businesses against the increasing risks of cyber attacks, data breaches, and other digital threats. This policy covers the costs of responding to a cyber incident, including legal fees, data recovery, notification to affected individuals, and public relations management.
In addition to direct financial loss, cyber insurance also includes liability coverage for claims arising from a data breach, such as regulatory fines or customer lawsuits. It ensures that your business can recover from the financial and reputational damage caused by cyber incidents.
Coverage can be extended to include protection against social engineering, ransomware, and business interruption due to cyber attacks, providing a comprehensive safeguard in today's digital landscape.
Coverage can include:
Business interruption losses
Cyber extortion
Electronic data replacement
Crisis management expenses
Notification and monitoring expenses
Security and privacy liability
Defence costs
Regulatory breach liability
Industrial Special Risk (ISR) insurance is designed to suit larger or more complex businesses with physical assets exceeding $10 million. It provides comprehensive coverage for high-value assets such as properties, commercial premises, and equipment, ensuring these critical resources are protected against significant risks.
The two primary components of an ISR policy are material damage and business interruption cover. Material damage protects property against perils like fire, natural disasters, theft, or accidental damage, while business interruption cover ensures that the business remains financially stable by covering loss of income resulting from property damage.
ISR insurance is particularly relevant for businesses such as manufacturers, warehouses, logistics firms, aged care providers, healthcare providers, and hospitality operations, where the scale and complexity of assets demand enhanced protection.
Key Product Highlights:
Material Loss or Damage
Protects buildings, contents, and stock against damage from events like fire or storms, ensuring repairs and replacements can be managed without financial strain.Machinery Breakdown
Essential for operations relying on critical equipment. This coverage helps minimize the impact of unexpected machinery failures, and for more complex operations, we offer specialized engineering solutions.Business Interruption
In the event of fire, floods, storms, or supply chain disruptions, this coverage helps offset the financial losses, allowing your business to continue operations or recover swiftly.Theft
Provides coverage for the loss of contents and stock due to theft, whether from external parties or employees.Defined Perils: Fire, Explosion, Storms, Lightning, Earthquake, Impact, Theft, Vandalism/Malicious Damage, Escape of Water etc
Accidental damage: Provides cover for unexpected and accidental damage to property not caused by any specific peril.
Flood (optional): if elected, covers damage to a property due to the rising of water from a lake, river, or other watercourse that submerges normally dry land. It typically occurs when water levels exceed the capacity of the waterway
ISR coverage can also be tailored by endorsement to meet the intricate needs of your business, ensuring that specific exposures unique to your industry or operations are comprehensively addressed. This customisation allows for coverage extensions such as machinery breakdown, accidental damage, and flood, providing a tailored safety net for complex businesses.
Residential Landlords Insurance offers essential coverage for property owners renting out their residential homes or apartments. This insurance covers damage to the building and any landlord-owned contents caused by events such as fire, storms, and theft. Additionally, it provides compensation for lost rental income if the property becomes uninhabitable due to insured damage.
The policy also includes liability coverage, which protects landlords against legal claims for injury or damage inflicted on tenants or visitors while on the property, ensuring financial security against unexpected events. Furthermore, landlords can enhance their coverage with options that include protection against rent default, malicious tenant damage, and legal expenses related to disputes with tenants, providing peace of mind for their investments.
Typically coverage may include:
Flood, fire or explosion
Third party liability
Contents damage
Catastrophe cover
Optional loss of rent or absconding tenant
Malicious damage
Commercial Landlords Insurance is designed to protect Property Owners who lease out commercial buildings. It covers damage to the property caused by events such as fire, storms, or vandalism, as well as loss of rental income if Tenants are unable to occupy the building due to insured damage.
The policy also includes Liability coverage, protecting Landlords against claims brought by Tenants or Third Parties for injury or property damage, occurring at the insured premises. This ensures that Landlords are financially protected from potential legal and/or repair costs.
Additional coverage options can be tailored to include protection for internal contents, glass replacement, and coverage for malicious tenant damage.
Typically coverage may include:
Flood, fire or explosion
Third party liability
Contents damage
Catastrophe cover
Malicious damage
Optional loss of rent or absconding tenant
Management Liability insurance is designed to protect company Directors, Officers, and Senior Management against claims arising from their managerial duties. It covers legal costs and damages for claims related to breaches of duty, mismanagement, and/or regulatory investigations.
This policy also protects the company itself from risks such as Employment Practices Liability, Workplace Health+Safety breaches, and Financial Mismanagement. This coverage is vital for businesses that wish to shield themselves from the growing number of legal and regulatory risks in our current climate.
Coverage can be extended to include defence costs for claims including Fraud, Defamation, or Wrongful Dismissal, ensuring that both personal and company risks are fully protected.
Coverage typically includes the following sections:
Employment practice liability
Directors’ and officers’ liability
Crime
Corporate liability
Statutory liability
Government inquiry costs
Defence costs
Tax audit costs
We offer comprehensive marine transit insurance solutions to protect your goods and assets whilst in transit. Whether you’re importing, exporting, or sending goods domestically, our marine policies ensure your goods are protected while in transit. A marine policy can provide your business with a great solution to protect your inventory or finished goods. It can even provide protection for a business’s tools of trade, specified items, or relocations.
Coverage can include:
Accidental damage
Insured events
Collision
Dropping during loading and unloading
Fire, explosion and lightning
Impact of goods with external objects other than the conveying vehicle or road
Malicious damage
At Sage, we are here to simplify insurance for you. We understand that protecting your personal assets and loved ones is a top priority. We offer a portfolio solution for your private insurance policies designed to streamline the administration of your policies and claims handling.
Coverage for:
Primary residences
Holiday homes
Investment properties
Boats and yachts
Cars and fleets
Luxury and exotic vehicles
Farms
Private Family Office insurance provides comprehensive coverage tailored to the unique needs of high-net-worth individuals and families. This policy protects valuable assets such as luxury homes, art collections, jewellery, and other high-value possessions, offering customised solutions that go beyond standard insurance.
Along with asset protection, the policy includes personal liability coverage to safeguard your family's financial interests against potential legal claims. It also provides protection for personal staff, travel, and other risks associated with managing significant estates or businesses.
Coverage options can be extended to include fine art restoration, yacht and private jet insurance, kidnap and ransom protection, and family trust liabilities, ensuring your specific needs are comprehensively addressed.
Product Recall insurance protects businesses that manufacture or distribute goods from the financial and reputational damage caused by a product recall. This policy covers the costs associated with recalling a defective or contaminated product from the market, including logistics, customer notifications, and disposal costs.
It also provides coverage for third-party liability claims arising from the recall, such as compensation for customers or businesses that suffered financial losses due to the faulty product. This ensures that businesses can recover swiftly and minimise the impact on their operations.
Additional Coverage Options:
Protection for reputational damage
Business interruption coverage
First Party Recall Costs
Customer and Retailer Recall Costs
Product Withdrawal Costs
Replacement Costs
Consultants and Advisors Costs
Product Extortion Costs
Rehabilitation Expense
Business Interruption
Pre Recall Costs
Professional Indemnity (PI) insurance is designed to protect professionals against claims of negligence, errors, or omissions in the services they provide. This type of insurance is essential for anyone who offers advice, consultancy, or professional services, as it ensures that your legal fees and compensation costs are covered in the event of a dispute.
It safeguards your reputation and financial well-being, allowing you to focus on your business without worrying about potential legal battles. Whether it's a simple misunderstanding or a complex error, this coverage ensures you have the right support.
Tailored extensions can include coverage for breach of confidentiality, intellectual property disputes, and defamation, depending on your professional industry and needs.
Typically includes coverage for:
Civil Liability
Defamation
Claims Investigation Costs
Reputational Protection/Response
Intellectual Property Infringement
Loss or Damaged Documents
Breach of Duty
If an accident occurs in the course of your business and causes property damage or injury to someone (other than your employees), you may be found legally liable to cover the costs. Public & Products Liability insurance provides coverage for legal liability arising from third-party personal injury or property damage caused by your business operations or products. It includes protection against claims made by your customers and the general public.
This type of policy covers the costs of defending legal claims, as well as any compensation or damages awarded against your business. Whether it's a minor accident on your premises or a significant product fault, this policy ensures that you're financially protected.
Extensions of coverage can be tailored to suit your needs, such as product recall expenses, errors and omissions and exports to North America. These options allow you to address specific risks relevant to your industry.
Coverage typically includes:
Personal injury
Property damage
Advertising injury
Property in your Care, Custody & Control
At Sage, we specialise in Strata insurance, also known as body corporate insurance or owner’s corporation insurance, designed to cover shared or common property within a strata-titled property or scheme. Mandatory under Australian law, Strata is essential for anyone involved in the management or ownership of strata properties, ensuring that common areas and shared facilities are protected.
Strata insurance provides essential coverage for the common areas of strata-titled properties, such as apartments, townhouses, and commercial complexes. This policy covers damage to shared property, including lifts, pools, gardens, and car parks, from events like fire, storm, or malicious damage.
It also includes public liability cover to protect against claims for injuries or damage occurring in these common areas. This ensures that both the building and its occupants are financially protected against unforeseen incidents.
Additional coverage options can be included, such as legal defense costs, workers' compensation for caretakers, and loss of rent, to ensure comprehensive protection for strata properties.
Coverage typically includes:
Building and common contents
Public liability
Personal accident for voluntary workers
Office bearers’ liability
Fidelity guarantee
Mechanical and electrical breakdown
