Why Understand “Interruption” in Business Interruption Insurance

Business interruption insurance is just as vital to a business as insurance used to cover employees, stock, plant and equipment. This is because if an unforeseen circumstance like a fire, storm, burglary or an earthquake happens, not only will the people be hurt or the property damaged have the needed coverage, but so will the business itself, as it would likely endure some loss in income or profit due to a halt in or decrease in the operations.While most owners likely have business interruption insurance as part of their overall property policies, it seems many still don’t understand what exactly it covers for them.

http://insuring.theproduct.com.au/news-updates/industry-news/understand-interruption-business-interruption-insurance/

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s