Business Interruption Insurance
Q1. What is Business Interruption Insurance?
A1. Business Interruption Insurance covers Loss of Profit or Revenue due to interruption caused by an insured peril for a selected indemnity period - usually a minimum of 12 months. Various extensions in coverage are available, e.g. following damage at the premises of: Suppliers, Customers, Public Utilities, or nearby properties restricting access to your premises.
A1. Business Interruption Insurance covers Loss of Profit or Revenue due to interruption caused by an insured peril for a selected indemnity period - usually a minimum of 12 months. Various extensions in coverage are available, e.g. following damage at the premises of: Suppliers, Customers, Public Utilities, or nearby properties restricting access to your premises.