What is business interruption insurance?

A business interruption policy is a form of insurance that offers cover should you be forced to close your business following a disruption.

What does business interruption insurance cover?

Business interruption insurance can cover a range of aspects, but overall, it is designed to put you and your business back into the same financial position you would have been in had the disruption not occurred. It allows you to continue to meet your obligations such as paying bills, staff and other commitments even when your business is closed.

Why do I need business interruption insurance cover?

Many businesses that incur a major loss are unable to resume trading because they don't have business interruption insurance to make up for lost business income while their business is being restored. Some businesses may remain open for some time but under duress, they lose customers and sales due to their inability to provide the same service they had prior to the claim.

Where a standard business insurance package policy could cover the cost to repair the kitchen, a business interruption insurance cover could reimburse you for any lost income while your doors were closed.


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To find out if business interruption insurance would be right for you, ask yourself...

  • How long could your business survive if you were forced to suspend operations?
  • How would your life be impacted if you were unable to draw a salary from your business?
  • How would you pay staff wages for several weeks or months without cash flow?
  • Could you afford the running costs of your operation while your business is close?
  • If you are unable to trade, how long would it be before your customers moved to a competitor?

Why choose Gallagher

  • A 'one stop shop' for all your business and personal insurance needs
  • Confidence in covering off concerns about the future
  • Assurance in receiving expert advice
  • Peace of mind knowing you're protected

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