The Master Grocers tailored insurance program for members includes specialised coverage of the following areas:

• Retailer risks including burglary, theft, accidental damage, plate glass breakage
• Public and products liability
• Directors and officers liability
• Workplace legislation breaches
• Business Interuption
• Equipment breakdown
• Increased cover for members

Member research provided valuable insights into key factors contributing to the efficient and profitable operation of their business. Members advised that they needed access to a broader range of financial services to complement a tailored, industry specific insurance program.

In addition to general business insurance, members now have access to a complete range of support and financial services including:

Workers Compensation. MGIS provides a national consulting service including workplace classification reviews, premium management, claims management, return to work plans and liaison with the member´s workers compensation insurer.

Stop Press: A recent Austbrokers review of a retailers business revealed that the workplace had been incorrectly classified which resulted in the retrospective recalculation of the workers compensation premium, and a refund to the employer in excess of $45,000.

Corporate Superannuation. Advice and assistance to ensure that members are compliant with the increasingly onerous requirements of the Superannuation Guarantee Act.

Financial Planning. Members have access to a complete range of financial services that includes financial and succession planning, personal superannuation planning, the establishment of self managed superannuation funds and wealth creation and management advice.

Members personal insurance requirements. MGIS can provide competitive rates to members for home and contents, travel insurance and other private and domestic covers.