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AAP

Maeve Bannister and Bray Boland

Insurance premiums crippling state's small businesses

Insurance Business NSW New South Wales

NSW tourism businesses are buckling under the cost of public liability and indemnity insurance. (Rob Hutchison/AAP PHOTOS)

Thousands of small and medium businesses unable to afford insurance are either being forced to close or gamble on going without coverage.

Businesses are buckling under the cost of public liability and indemnity insurance, with particular problems in the tourism, construction, engineering, professional services and hospitality industries.

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