Business Interruption Insurance

In cases such as fire, property insurance policies do not cover loss of business income – business interruption insurance does! Manufacturers, retailers, contractors, and transportation & warehouse firms should not be without this coverage!

While your building and equipment are being repaired or replaced, you still need a steady cash flow to meet expenses such as rent or mortgages, taxes, salaries, utilities, insurance, etc.

Without business interruption insurance, both your business and personal savings may be needed to salvage or maintain the business. Business interruption insurance can protect you against this risk.

Who needs this coverage?

Unless your business can be fully operational immediately following a property loss, you need Business Interruption coverage. It is particularly important for businesses that must invest in buildings, equipment, stock and inventory. As well, Business Interruption coverage is essential to help when you deal with customers and key suppliers.

Ask us about how Business Interruption Insurance can cover expenses such as:

  • Net income that would have been earned before taxes
  • Continuing operating expenses
  • Management Salaries
  • Lost income for a period following the resumption of operations, until your business returns to normal.

For more details on any of the products we represent, contact us and we’ll reply within one business day.