Business interruption is an unfortunate inevitability that may result from unexpected incidents such as fire or natural disaster. It is important to have Business Interruption Insurance to protect you from such unforeseen events, as they may leave your business unable to operate at usual productivity standards, meaning reduced income while your expenses remain the same.
Business Interruption Insurance can be tailored to compensate your business for:
- Your monthly fixed expenses and net profit
- The payment of wages for a stated amount of time
- The payment of fines and penalties for breach of contract because of non-completion or late completion of work
Policy terms and conditions apply.