Business Interruption Insurance

Plain English Definition: Business Interruption Insurance covers lost income and operating expenses if a business is temporarily shut down due to a covered event.

What Business Interruption Insurance really means for someone with an insurance policy

This insurance helps businesses recover by covering lost income and necessary expenses like rent, payroll, and utility bills when operations are halted due to incidents like fires or natural disasters.

Business Interruption Insurance Real World Examples

• A restaurant closes due to fire damage; insurance covers lost revenue and operating expenses.
• A retail store suffers storm damage and can’t open for months; insurance covers employee salaries and rent.
• An IT company faces a cyberattack; insurance covers lost revenue during system downtime.