If your business depends on your premises, plant or location to operate, then Business Interruption cover is an essential part of your business insurance.
Business Interruption insurance will protect your business if the worst should happen, such as a fire, flood or other disaster that prevents you being able to operate. It does this by:
- Continuing to pay the fixed costs of the business
- Making up the difference of your lost net profit
- Allowing you to continue to pay full wages so that your essential workforce is ready to get back to work when you are
- Paying additional costs during the period of interruption to avoid or minimise your losses (providing you do not spend more than you save)
Please note that a maximum indemnity period applies. Our expertise will help to ensure that you have the right level of protection, helping you to work out what indemnity period you would need and how it would form part of a comprehensive business insurance plan before getting a competitive quote for you.
Business Interruption cover will assist to remove the worry of cash flow to meet your obligations allowing you to concentrate on rebuilding your business and managing your customer expectations. Should you be unfortunate enough to make a claim, our team will be there to guide you through the process so that you can focus on getting your business up and running again.