Business Interruption Insurance
Helping protect your income and ongoing business expenses if an insured event stops or slows down your business.
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What is Business Interruption Insurance?
If your business is damaged by something like a fire, storm or another insured event, you may not be able to trade as normal.
Business Interruption Insurance can help cover the income you lose and some of the ongoing costs you still need to pay while your business gets back up and running.
Even if your business is temporarily closed, expenses such as rent, wages and other business costs may still continue.
What can Business Interruption Insurance cover?
The exact cover depends on your policy, but it may help with some of the following costs and losses.
Lost Income
Helps cover income your business may have earned if the interruption had not happened.
Ongoing Expenses
Helps with certain business costs that may continue even when you cannot trade normally.
Extra Costs to Keep Trading
May help with extra expenses you need to pay to keep your business operating.
Temporary Premises
May help with certain costs if you need to operate from another location for a period of time.
Claim Preparation Costs
Some policies may help with certain professional costs involved in preparing your claim.
Supplier or Customer Disruption
Cover may be available if insured damage to a key supplier or customer affects your business.
What happens if your business has to close?
For example, if a fire damages your business premises and you cannot operate for several weeks, you may lose income during that time.
Business Interruption Insurance may help with the income you have lost and some of the ongoing expenses you still need to pay while your business recovers.
Not sure how much cover you need?
We can help you look at your business, your ongoing expenses and how long it may take to recover after a major loss.
SPEAK WITH A BROKERThis information is general in nature and does not take into account your individual objectives, financial situation or needs. Cover is subject to the terms, conditions, limits and exclusions of the relevant insurance policy.
