Business Interruption Insurance
Do Want to Be Protected for Unforseen Situations?
Business Interruption Insurance is a type of insurance designed to protect businesses from losses due to operational interruption. It provides coverage for lost income, expenses incurred while trying to resume operations, and other costs associated with business interruptions.
The goal is to help a business recover financially after an interruption caused by a variety of unforeseen events like natural disasters, fire, theft, or a power outage. Business Interruption Insurance can protect both small businesses and large corporations by providing the financial wherewithal to recover.
When researching how much business interruption insurance you may need for your company, it is important to consider the size of your business and the associated risks that could cause an interruption. For example, a small business with a few employees may need less coverage than a large company that has thousands of employees in multiple locations.