Business Interruption Insurance is a type of insurance that provides financial protection to businesses in the event of a disruption that prevents them from operating normally.

Overview

It covers the loss of income and the extra expenses incurred during a period when the business is unable to operate due to an insured event, such as a fire, natural disaster, or other covered causes. This insurance helps businesses recover by replacing lost revenue and covering operating costs while they are temporarily out of action.

This policy covers.

• Any consequential financial loss you may encounter at your business premises.
• Losses resulting from damage to your property while in transit.
• Losses resulting from access to an insured premise being prevented due to damage to nearby premises.
• Losses resulting from damage at the premises of a public utility.