Business Interruption Insurance
June 1, 2022
Business Interruption Insurance
Business Interruption Insurance is a form of insurance coverage that replaces business income lost as a result of an event that interrupts the operations of the business, such as fire or a natural disaster. Business interruption insurance is not sold as a separate policy, but is either added to a property/casualty policy or included in a comprehensive package policy.
It is a common thought to protect your property in the event of a fire or natural disaster, but you need an experienced insurance broker to review the areas such as Business Interruption that you may not think of. There are added questions you want to ask yourself when evaluating your risks of business interruption. Since business interruption can occur without physical damage to property, this makes contingency planning very important. There are evolving ways that businesses are being interrupted that may not be covered such as; in the recent Ebola scares, the cyber attacks on a plethora of industries which now include the motion picture industry from the Sony crisis, the list goes on.
Evaluating your risks with a knowledgeable insurance broker is critical. At The Armstrong Company Insurance Consultants our experienced licensed representatives help you find the right coverages you need by evaluating your particular risks. Contact the Armstrong Company Insurance Consultants today at 866-990-9286. We are here to work for you!
The Armstrong Company Insurance Consultants (License #0440075)