What Is Business Interruption Insurance

In light of the recent COVID-19 pandemic, many people are wondering what business interruption insurance is and if it will help cover the closure of their business in certain circumstances.

What Is Business Interruption Insurance Infographic

  • Business interruption insurance covers the loss of income that a business suffers for certain reasons, such as a disaster like a fire or a flood at the business premises. 
  • This type of insurance may also cover a business that has closed due to government actions. Including the mandated shutdown of all non-essential businesses during COVID-19. 
  • It can sometimes cover other expenses but policies can vary significantly, so always check the wording in your policy and ask if you are unsure. 
  • This type of coverage can be a standalone policy or can be added on to a business’ property insurance policy. 

At Ashburnham Insurance, we help businesses manage their operational risk by providing comprehensive and customisable business insurance quotes online and offering the best value for money policies from trusted UK insurers.

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