Business Interruption Insurance covers lost income resulting from a covered property loss, typically included as an endorsement or section of a property policy rather than sold separately. While the physical damage may be limited, the financial impact can be substantial if the business cannot operate. Additionally, fixed costs and extra expenses that persist during downtime can also be included in this coverage, ensuring comprehensive financial protection.
Uncategorized
Business Interruption
Companies face profit loss when operations are disrupted, and business interruption insurance covers all associated costs, including fixed expenses.
