If your business was forced to close for a significant period of time, could it survive?
A loss to building, stock and equipment can force your business to close down entirely, or to temporarily move for a significant period of time.
While your business is being restored, there will be lost profits and ongoing expenses that must be paid out. These include salaries, taxes, and mortgage and lease payments.
Business interruption insurance is designed to restore lost income to the level it would have been if the loss didn’t occur. It pays for expenses and lost profits after the loss.
Business Interruption Insurance is a specialized type of insurance. To get the right protection it is important to work with an experienced Business Insurance Broker who will take the time to understand your entire business operation. From suppliers, to customers, your busy seasons and stock life time, every process is a factor.
Pemberton Insurance Business Insurance Brokers have the knowledge, expertise and resources to develop your business a customized policy that will protect your business and help you get back on track, immediately, after a loss.
Types of business interruption insurance