Business Interruption Insurance

Because your business has not been physically damaged by a covered peril, Business Interruption insurance will not cover the loss associated with one of your suppliers shutting down. However, if you have added Contingent Business Interruption, there is a possibility that you can find coverage here. Check with an advisor and understand all of the available coverages to you.

Be sure to have Business Interruption coverage on your policy, and you will still be able to have an income if your business is damaged by a covered peril. These perils are often the same as what your Commercial Property policy and include things like fire, wind, theft, etc.

Yes, payroll can be covered here so that you do not lose out on those key employees due to an unforeseen incident.

A claim that you have reported where your income will suffer due to having to shut down your business because of a physical damage incident. Again, it has to be due to a covered peril.