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What is business interruption?

April 26, 2017Business interruption

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What is business interruption?

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When a disaster strikes your business location, the location may be temporarily unusable. Your business will not be producing income and may continue to incur fixed costs (rent, utilities, etc.). Standard property insurance does not cover the loss of income caused by the temporary closure of the business. This is where Business Interruption coverage is applied. Most commercial policies contain some sort of this coverage.