Business Interruption

Natural disasters such as bush fires, floods and storms can cause unforeseen business closures, sometimes for prolonged periods of time. That’s why Business Interruption Insurance is an essential risk management solution for most businesses.

If an unexpected event occurs it can keep your business running smoothly by covering lost turnover, giving you time to recover and rebuild.

Do I need Business Interruption Insurance?

With extreme weather events becoming more frequent in Australia, this is a form of insurance that no business can afford to be without. In the event of a natural disaster, such as a bush fire, flood or storm or even an electrical equipment failure due to a lightning strike, Business Interruption Insurance can replace lost business income and keep your business in the same financial position it would have been in had the incident not occurred.

What can Business Interruption Insurance cover?

• Loss of business income and revenue
• Fixed costs such as operating expenses
• Temporary relocation
• Reasonable extra expenses beyond fixed costs
• Government mandated closure of business premises that results in loss of revenue

Other things to consider

We have worked with hundreds of businesses across Australia to ensure a best-fit policy is in place for each and every client. We will take the time to understand your business and region to ensure that you have the most suitable solution.