Business Interruption Insurance
When a business experiences a crisis that leaves it unable to operate for a period, the fallout can be catastrophic. Business interruption insurance can put your business back in the same trading position as it would have been had the unfortunate events not happened in the first place.
How do I choose the right cover?
Business interruption insurance is often included in or offered as an optional extra to, business insurance packages that combine several different benefits under one policy and premium. However, you will need to look at your business needs and the add-on cover to ensure your business is fully protected.
What Does Business Interruption Insurance Cover?
There are several events that could impact a business’s ability to trade. Those covered include fire or flood that damages key office space or important stock, breakdown of equipment that is fundamental to your business operations, and more. If any of these events occur, your business may have unexpected costs and the inability to generate income could be catastrophic.