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Protect Your Business with Business Interruption Insurance

Arena Insurance Br...

Nov 22, 2021
Views: 1378

Business Insurance Small Business Insurance Business Interruption Insurance Retail and Consumer Insurance Shop Insurance Professional Services Insurance

With Business Interruption Insurance, you won’t have to predict the future.

In the event of a loss or damage to an insured property after a catastrophic event like fire, business interruption insurance helps keep your business running by getting the ongoing costs covered in order for you to recover and rebuild.

Any loss of sales made while your business is out of operation and any other costs incurred extra to remain active can be covered by Business Interruption Insurance.

Coverage may also include:

Operating expenses (ongoing)
Relocation costs
Operator training costs
Government mandated curfews or street closure of your business premises
Damage to a supplier’s premises which can affect your business operations

There are exclusions to the coverage, oftentimes there is also a deductible or excess and limits on cover, so make sure to cross-check with us.

For a detailed information on the policy and to get the right advice with the most competitive price, give us a call on 02 4067 5203 or message me at Ashlee Stephens.

Once you are aware of the important details, we will help you choose the coverage that best meets your needs.

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General Advice Warning: This advice is general and does not take into account your objectives, financial situation or needs. You should consider whether the advice is appropriate for you and your personal circumstances. Before you make any decision about whether to acquire a certain product, you should obtain and read the relevant product disclosure statement.

All information above has been provided by the author.

Ashlee Stephens, Arena Insurance Brokers, ABN 68 663 852 068, AFSL 233750

This article originally appeared on Arena Insurance News and has been published here with permission.