Where are the gaps in your cover?
Most businesses have public liability. But there are seven other policies that quietly carry real exposure. Mark each one Have, Unsure, or Don't have, and we'll show you exactly where you're left open.
~2 minutes · 8 policies · No login to start
8 essential policies
Beyond public liability
Per-policy risk
What each gap exposes
Have / Unsure / Don't
Honest, fast self-check
Broker-ready
Take it to your review
About this tool
Business Insurance Gap Finder
Most Australian small businesses carry public liability cover and assume they're protected. But public liability is only one of several policies that stand between an ordinary business and a claim it can't absorb. The real risk isn't the cover you've deliberately declined — it's the cover you've never thought about, or the policy you're paying for but couldn't actually describe. Professional indemnity, cyber, business interruption, management liability, key person cover: any one of these can be the difference between an inconvenient event and one that threatens the business. The Business Insurance Gap Finder is a free self-assessment that walks you through the policies a typical SME should consider, so the gaps in your cover become visible before a claim exposes them for you.
How it works
The tool presents a checklist of the core business insurance categories — public liability, professional indemnity, cyber, workers compensation, business interruption, management liability (directors and officers), key person, and equipment or contents cover. For each one it explains in plain terms what the policy covers and the specific exposure it protects against, then asks you to mark your current status as "Have it", "Unsure", or "Don't have". It tallies anything you don't hold — and anything you leave unmarked — as a gap, flags the ones you're unsure about as worth verifying, and confirms what you already have in place. The result is a per-policy breakdown showing the risk each missing or uncertain policy leaves open and which kinds of business typically need it. It doesn't quote premiums, sums insured, or set limits; it's a structured prompt to surface blind spots and give you a concrete list to take to your broker.
Who it’s for
Australian small and medium business owners and directors who want a fast, honest check on whether their insurance cover has quiet holes before their next renewal or broker review.
- Public liability is table stakes — the assessment covers the seven other policies (professional indemnity, cyber, business interruption, management liability/D&O, key person, workers compensation and equipment cover) where SMEs most often carry unnoticed exposure.
- Every gap comes with its specific consequence: it names the exposure each missing policy leaves open — from personal director liability under a management liability gap to lost income with no business interruption cover — so the risk is concrete, not abstract.
- It produces a broker-ready shortlist. Rather than replacing professional advice, it gives you a categorised list of missing and uncertain cover to take into a proper insurance review.
Frequently asked questions
I already have public liability — do I really need to check the rest?
Public liability covers injury or property damage to third parties, but it does nothing for a professional negligence claim, a ransomware attack, lost income after a fire, or a claim against you personally as a director. Each of those needs its own policy. The tool's whole purpose is to move you past the one policy most owners have and stress-test the seven others, because the cover you've never considered is usually where the real exposure sits.
Is workers compensation not just automatic if I have staff?
Workers compensation is legally mandatory for employers in every Australian state and territory, but it isn't automatic — you have to be registered and up to date with your state's scheme. Gaps here carry real consequences, including fines and potential personal liability for directors, so it's worth confirming you're actually covered rather than assuming. The tool flags it as a category to verify; your state's workers compensation authority and your broker can confirm your specific obligations.
Does this tell me how much cover I need or what it will cost?
No — and that's deliberate. Sums insured, limits and premiums depend on your turnover, industry, assets and risk profile, and getting those right is your broker's job. This tool answers a different, earlier question: which policies you're missing or unsure about at all. It gives you the list of what to discuss; the numbers come from a proper review with a licensed adviser. Treat the output as general information to structure that conversation, not as financial or insurance advice.
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