What is business interruption insurance?
Business interruption is a type of insurance policy that covers the loss of income in the event of an insured event such as fire or flood that results in a loss of trade.
If your business is unable to trade it would cover your lost income for 12 to 36 months.
It would also cover the increased costs of working. This is the additional costs and expenses to keep the business trading such as relocating to temporary premises.
Would your business survive if you were unable to trade for a number of months?
This type of policy ensures the continuity of your business particularly in the event of a major loss.
Business interruption is usually wrapped up in your commercial combined policy and not normally obtained as a separate policy.
To obtain a competitive quotation for your commercial combined insurance including business interruption, contact our office today on 01204 540 897.
What type of care homes can we insure?
- Children’s homes
- Clinics and rehabilitation centers
- Daycare services
- Learning and physical difficulties
- Mental health and mental disorder
- Nursing or residential care homes for the elderly
- Supported living and sheltered accommodation
Key covers include:
- Buildings, general contents,
- Computer equipment
- Portable equipment
- Residents and service users personal effects
- Tenants improvements
- Employers liability
- Management liability
- Medical malpractice
- Public and products liability
To obtain a competitive quotation for your care home insurance, contact our office today on 01204 540 897.