Upcover Introduces Affordable Management Liability Insurance for SMEs
Upcover Introduces Affordable Management Liability Insurance for SMEs
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Upcover, a Sydney-based insurtech company, has recently launched a management liability insurance product tailored specifically for small and medium-sized enterprises (SMEs) and sole traders.
With premiums starting at $780 per year for a $1 million coverage limit, this offering aims to provide affordable and comprehensive protection against various business risks.
The new insurance product covers a range of potential liabilities, including:
Employment disputes
Investigations by official bodies
Tax audits
Financial crimes
Statutory liabilities
Allegations of legal breaches
Entity and employment practices liabilities
Investigation costs
Comprehensive crime coverage
For restaurant and café owners, this development presents an opportunity to secure tailored insurance solutions that address the unique challenges of the hospitality industry. The affordability and breadth of coverage offered by Upcover can assist business owners in mitigating risks associated with daily operations.
To take advantage of this offering, business owners should:
Assess their current insurance coverage to identify any gaps or areas for improvement.
Consult with insurance advisors to understand how management liability insurance can complement existing policies.
Consider the specific risks associated with their business operations and ensure adequate coverage is in place.
By proactively managing potential liabilities, restaurant and café owners can protect their businesses and focus on delivering exceptional service to their customers.
Published:Friday, 23rd Jan 2026 Source: Paige Estritori
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Replacement Cost: The amount it would cost to replace or rebuild an insured asset with one of similar kind and quality, without depreciation.
