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Business Interruption Insurance

Protecting Your Business’s Ability to Keep on Making Money

Business interruption insurance can help your business to keep running if the insured property is lost or damaged after a catastrophic event such as a fire, by covering ongoing costs so you can recover and rebuild.

Who should consider it?

For most business owners, there are ongoing expenses that you need to pay even if you’re not generating any revenue – like staff wages, supplier invoices, rent or loan repayments.

What isn’t covered

There are exclusions. There is also often a deductible or excess and limits on cover, so check with your Guardsafe Insurance Broker.

What can it cover?

Business interruption insurance can cover the loss of any sales you would have made while your business is out of action – plus any extra costs you incur to stay open.

It may also include:

  • Ongoing operating expenses, such as electricity and rent
  • Relocation costs for moving to, and operating from, a temporary location
  • Training costs for operators of replacement machinery
  • Closure of your business premises due to government-ordered street closures or curfews
  • Damage to a supplier’s premises has a negative flow-on effect on your business operations