Business Interruption

A crisis such as a fire, flood or storm damage, or even a notifiable disease, can take a serious toll on a business. Not only is there the prospect of a clean-up, but the financial impact of the destruction of your property or temporary closure of your business can be long-lasting.

That’s why Business Interruption insurance is so important, because it can get your company back up and running as quickly as possible.

Business Interruption (B.I.) insurance provides cover for a business that experiences financial loss as a result of certain types of adverse events. If you hold a B.I. policy, your policy wording will set out the conditions under which you can claim cover for your loss.

Importantly, an expert knowledge of insurance policy wording is vital to you achieving the best possible settlement from your insurer.

With decades of experience in B.I. insurance claims, you can trust our team to submit the right information about your loss. We will work with your accountant to assess your trading figures, your latest audited accounts and projections, and will complete all your claim paperwork and submit it on your behalf to your B.I. insurance company.

We know how important it is to you, your staff and your customers and suppliers that your business gets back on its feet as soon as it can, so call us for help today.

Has your business been affected by COVID-19?

If your hospitality or tourism business has been affected by cancellations, event restrictions or government-imposed closures, you may have some recourse for claiming your loss.

Some B.I. policies may provide cover up to certain limits where a “notifiable disease” (in this case, COVID-19) has forced the closure of a business, however not all policies will provide this level of cover.

If you are unsure whether your insurance policy provides cover for COVID-19, we can review your policy wording free of charge to determine whether you can claim for your financial loss.