Asset insurance provides financial cover for valuable possessions, equipment, and physical assets in case of damage, loss, or theft. It helps businesses and individuals manage risks
associated with high-value items, ensuring protection against unexpected events.
Asset insurance applies to personal and business-related assets, including vehicles, machinery, tools, and electronics. Policies can be tailored to cover specific risks, such as accidental damage, natural disasters, and operational breakdowns.
Businesses often use asset insurance to protect revenue-generating equipment, while individuals use it to cover high-value personal belongings.
The policyholder selects a coverage amount based on the asset’s value and potential risks.
If an insured event occurs, the insurer covers repair costs, replacement expenses, or financial compensation.
Some policies provide coverage for loss of use, ensuring continued business operations if essential equipment is damaged.
Covers laptops, mobile devices, cameras, and professional tools used in business operations.
Protects against repair costs and business interruptions caused by mechanical failures.
Covers commercial and personal vehicles for damage, theft, and operational losses.
Provides financial protection for stored goods, merchandise, and raw materials.
Some policies offer extended coverage for high-value items, specialty tools, and mobile assets.
Asset insurance provides financial protection against various risks, including:
Identify potential risks and value of key assets.
Select policies that match business or personal needs.
Understand claim limits and policy conditions.
Know how to file claims and receive compensation.
Submit an application and provide asset details.
Businesses often use asset insurance to protect revenue-generating equipment, while individuals use it to cover high-value personal belongings.
Asset insurance covers damage, theft, and operational breakdowns for business and
personal assets.
Vital Insurance Pty Ltd are authorised representative (No.294915/463211) of United Insurance Group Pty Ltd AFSL No.327131.
© Vital Financial Group 2025. All Rights Reserved. ABN - 281 405 202 25.
Ben Tutton (Authorised Representative No. 294915), Vital Life Insurance Pty Ltd (ABN 45 654 028 878 / CAR 1293254) are Authorised Representatives of Sustainable Life Solutions Pty Ltd (ABN 66 655 297 886 / AFSL 536966).
Vital Homeloans Pty Ltd 2025. All Rights Reserved.
ABN - 976 200 876 49 ACN - 620087649.
License: Vital Homeloans Pty Ltd and Raelene Hutchings are Authorised Credit Representatives (No 501910/502264) of QED Credit Services Pty Ltd ACL No 38785.
Vital Asset Finance Pty Ltd ABN 87 659 026 703 is Authorised under Simple Finance Group Australia Pty Ltd T/A Dealify Australian Credit Licence 540378.
