List the building, improvements, contents, machinery and stock separately. Check which of these are actually included in the proposed cover.
Describe each location and the valuation basis used. A policy for contents is not automatically insurance for the building itself.
Use the practical guide to prepare a premises schedule and comparison questions. Additions such as interruption cover should be confirmed separately.
Sources
- Income Insurance: Customise your commercial insurance
Property and liability coverage descriptions
Reviewed 23 October 2026 · Source details
- Income Insurance: SmartBiz 360 (business insurance package)
All Risks section FAQ: underinsurance and rateable claims; information correct as at 8 October 2026.
Reviewed 23 October 2026 · Source details
