Business insurance for your LPO

Is your business insurance ready for renewal? A number of Licensees who have recently taken out business insurance for their LPO have advised POAAL that they have unwittingly renewed for less than a year, and thus their premium has looked more attractive than it really is.Licensees should carefully check the paperwork received from any insurer, ensuring the sums insured and levels of cover meet your requirements. Pay special attention to the period of insurance, whether the policy runs for a full 12 months or for a shorter term. You may think you have purchased a cheap product whereas, in fact, it is the policy period that reduces the premium. The insurance broker must point out the policy period.Consider the business insurance offered by GWS Genco Group, POAAL's appointed insurance broker. GWS Genco Group is an Australian owned company, and they have secured excellent premiums for LPO business insurance.Contact any of the team at GWS Genco Group on 1300 881 229 (Melbourne callers 9828 6700) for all your insurance needs.