Business Insurance
Business Interruption Insurance
Definition
Insurance coverage that replaces lost income and covers ongoing expenses when a business is unable to operate due to a covered peril such as fire, natural disaster, or other insured event.
In Zach’s Words
“What if a fire shuts down your restaurant for three months? You still have rent, loan payments, and employee salaries. Business interruption coverage replaces your lost income and keeps paying those fixed costs while you rebuild. Without it, a lot of businesses never reopen after a major loss.”
— Zach Nadler, CIO