Business Interruption Insurance
What is Business Interruption insurance?
Business Interruption insurance covers your business from the loss of income that occurs from damage to your property. Damage could occur from fire, theft, and weather damage. It is very important for every business when it comes to managing your property assets.
If the business is unable to continue to trade due to the damage of a property, Business Interruption insurance will aid the insured business in the following ways: helping to pay bills, preventing insolvency and ensuring that the business will be able to restart trading once the damage has been repaired. If you are running a business from a property that you own or rent then Business Interruption insurance is one of the most important covers that a business can purchase.
What does Business Interruption insurance cover?
Managing your business properly means protecting against potential gross profit loss as a result of Business Interruption. Our policy ensures that you are covered in relation to:
- Loss of Gross Profit
- Any additional expenses incurred
- Loss of rent
- Cost of additional rent
Contact our team today to examine how we can develop the right property and Business Interruption cover for you.