Whether you own a restaurant, fashion boutique, or even a leisure center, if the premises are severely damaged in a storm, would you be able to continue paying the bills or your employees? Business interruption insurance takes over where business insurance ends. Typically you would be covered for rebuilding and stock but not for the income lost if the business was temporarily closed for repair.
If disaster strikes, debt funding becomes a problem and surviving a long period of lost revenue becomes impossible. Business interruption insurance allows you to continue to be able to pay fixed business overheads including salaries, rent and relocation expenses if required. It could mean the difference between temporarily closing and permanently closing. Our brokers have extensive experience implementing business interruption insurance across many industries and reliably identify your coverage requirements. With access to a wide range of insurance products, we can tailor a business interruption policy to suit your company and budget.