Business interruption, as a consequence of an insured peril such as fire or a cyclone, is unfortunately inevitable.
The unforeseen event could leave your business unable to operate at its usual productivity level, affecting turnover, while operating costs such as rent or salaries remain as a constant. It’s important to take out business insurance that protects you in these instances.
Business Interruption Insurance can be tailored to compensate your business for:
- The costs of your monthly fixed expenses and net profit
- The payment of wages (for a specified number of weeks)
- The payment of fines and penalties for breach of contract because of non-completion or late completion of orders
Terms and conditions apply.