Prepare for the future, ease your anxiety and consider a new insurance package – SmartPac; designed specifically for small or medium sized businesses and traders, that was launched by Tower Insurance in the Cook Islands last week, the first country in the Pacific to do so.
The new concept is targeted towards protecting smaller entities and is written in a language people can readily understand, keeping it simple, said General Manager’s Pacific Tower Insurance – Chris Sutherland.
There are eight categories of business protection cover to select from that represent the areas of greatest risk to small businesses in the Cook Islands.
The Business Property Cover is devised to protect assets like buildings and equipment, or renovations, and natural disasters such as windstorms or cyclones.
Business Income Cover provides for financial loss if your business is interrupted while assets are being replaced or fixed.
The Money Cover package guards the loss or damage of cash, cheques, money orders, stamps, credit card invoices … during normal business hours or at your premises, or the homes of your employees or executives outside business hours.
With burglary becoming a serious issue on the island, the Burglary Cover insures your business assets and premises for loss or damage to property by actual or attempted burglary,
The Business Liability Cover, can cover legal expenses for any claims or civil proceedings brought against you, legal liability for accidental physical property damage or accidental bodily injury arising from social activities you organised for your employees.
To protect your business if it suffers direct financial loss due to theft, false pretences, fraud, computer by your employees, the Employee Fraud Cover is the ideal plan to discuss.
If your company’s computers, electronic devices or machines break down due to electronic or mechanical failure the Business Property Breakdown Cover can ease your troubles, while the Business Vehicle Cover shields the loss of your business vehicle.
Tower Insurance has operated in the country for over 30 years, its history dates back to 1980 when the business of Moana Insurance was acquired, a year later in 1981 the name changed from Moana Insurance to National Insurance (Cook Islands) Limited.
In 1999 the name changed to Tower Insurance (Cook Islands) Limited, the office is staffed by a manager and three staff, who are local Cook Islanders.
Meet the team by calling 22713, to discuss your business insurance needs, you're welcome to ask for a free quotation without obligation.