Business Interruption Insurance
When your business suffers an insurable loss, one of the biggest threats to its ultimate survival is the loss of income due to downtime. Business interruption insurance covers you should the worst happen. From floods or fires to supply chain issues, COHIBL have you covered.
Business Interruption insurance is designed to support your company during that downtime, ensuring you have the best possible chance of returning to your pre-loss position. As the key lifeline for your company, it’s vital that you receive expert advice from a business interruption insurance broker like us to discuss the type of cover you require and the setting of limits.
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Who needs business interruption insurance?
Business interruption insurance isn’t a legal requirement – but we strongly recommend having a policy in place to cover you in the event of any downtime you’re forced to take due to unforeseen circumstances.
Many businesses would benefit from having business interruption insurance cover in addition to cover tailored to their industry, including:
Getting the right protection.
We often find that many businesses COHIBL have taken on as clients over the years have had substantial underinsurance in relation to their business interruption insurance cover. Not having the right cover in this area poses a huge risk to a claim payment being made – if your insurance doesn’t explicitly cover you, you could potentially lose out on thousands of pounds. Don’t be one of those companies; speak to a trusted business interruption insurance broker, and let us ensure you’re correctly protected.
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