Business Interruption Insurance protects businesses against financial losses caused by unexpected disruptions that halt or slow down normal operations. It helps cover lost income and ongoing expenses when business activities are interrupted due to insured events, ensuring stability during recovery periods.
• Loss of business income during the interruption period
• Fixed operating expenses such as rent, salaries, and utilities
• Loss of profit resulting from temporary closure
• Additional expenses incurred to resume operations faster
• Coverage for interruptions caused by insured risks like fire or natural disasters
Business Interruption Insurance is essential for businesses seeking continuity and financial resilience. It provides crucial financial support during unforeseen disruptions, allowing businesses to recover smoothly and maintain long-term stability.