Time for an insurance check? Get your salon’s insurance EOFY-ready

BizCover, Australia’s number one business insurance service, explains why now may be the perfect time to review your salon’s insurance policies.

The end of financial year is nearly here! Like other small businesses, you’re probably busy balancing your salon’s books, chasing invoices, and reviewing tax deductions. But consider adding one more item to your to-do list: reviewing your business insurance.

The end of financial year might be the perfect time to give your insurance policies a quick once over. Here’s why:

Your business may have changed

You’ve put a lot of hard work into growing your salon during the past year. Your business insurance policies should reflect that.

Think of all the ways your salon has changed since the previous financial year: Are you earning more revenue? Have you hired more employees? Offering new services? Invested in new equipment? These are just a few reasons you may need to adjust your existing policies or consider new types of cover to help you manage new risks.

Updating your insurance with BizCover is easy. In about 10 minutes, you can compare policies and switch and save on different cover options for your salon.

You might find savings

Searching your salon’s budget for money savings? Comparing insurance policies and switching insurers could help you free up cash flow for other areas of your business.

Every insurer is different, and so are the ways they assess risk. You might want to compare quotes now if you haven’t received any since last year (or even longer ago). You may be surprised to find that you could be paying less or getting a great deal on cover that better suits your current insurance needs.

Take Lisa, a hairdresser in Victoria. She saved $300 on a Business Insurance Pack for her hairdressing service just by switching with BizCover*.

You could be rewarded

Looking forward to your next holiday? Buying and renewing your business insurance could get you there faster.

BizCover customers can earn Qantas Points^†when they buy a new policy, thanks to our partnership with Qantas Business Rewards. Use your points for flights, upgrades, and other great rewards to help you relax and unwind after a hectic end of financial year!

Review your business insurance with BizCover this EOFY. Visit bizcover.com.au or give us a call today.

This information is general only and does not take into account your objectives, financial situation or needs. It should not be relied upon as advice. As with any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy wording.

*Savings made in June 2023. This information is provided as a guide only and may not reflect pricing for your particular business, as individual underwriting criteria will apply.

†A business must be a Qantas Business Rewards member to earn Qantas Points for their business. Qantas Points for business are offered under the BizCover Terms and Conditions. Find out more about earning Qantas Points with BizCover and read the full terms and conditions here (https://www.bizcover.com.au/qbr/). Qantas Business Rewards offers and benefits are subject to the Qantas Business Rewards Terms and Conditions here (https://www.qantas.com/au/en/business-rewards/terms-and-conditions.html).

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