Ontario Business Interruption Insurance
In the event that you suffer a loss to the property where your business is operating and you are unable to continue with normal operation, business interruption insurance will cover the loss of income or profit lost during the period of restoration to repair or restore the property.
A Business interruption insurance policy can be vital to your survival as a business after a natural disaster. If your business premises becomes, temporarily unusable business interruption insurance can provide financial peace of mind to you and your business. Speak with a licensed business insurance brokers to learn more about business interruption insurance and other available coverages.
What is Business Interruption Insurance?
Business interruption is a unique policy that covers the loss of income that a business suffers after a disaster. Business interruption insurance covers financial losses that may be due to claim-related closing or the rebuilding process after a claim.
Who Needs Business Interruption Insurance?
Businesses that want protection in the event that the premises becomes temporarily unavailable due to a loss, should have business interruption insurance. The business interruption policy would protect you and your business if a fire or other disaster damaged your business premises.
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