BUSINESS INTERRUPTION

In the event of an unexpected or unprecedented occurrence, this form of coverage can be a true life line for your business. Whether you’re faced with a total or partial shutdown for a period of time, this coverage can provide the financial compensation and critical time you need to get your business back on track. Protect your business against loss of revenue or profit following an interruption in your operation caused by any of the perils covered in your Physical Loss or Damage Insurance policy.

Additional expenditure refers to any increased costs incurred as a result of a disruption and can be customized to your needs. This coverage would make provision for costs of alternative accommodation, legal costs, costs associated with reproduction of valuable papers and records, professional fees and accountants’ fees. In addition, you may also wish to ensure that you’re able to continue payment of ongoing salaries to your key staff.