Business interruption insurance

Business interruption insurance can sometimes be misunderstood. If your business experiences an interruption or interference, this may impact your ability to continue operating, depending on the nature and extent of the disruption. 

Business interruption insurance is designed to help support your business if operations are disrupted by an insured event and can help get your business back on track.

Understanding how business interruption (BI) insurance can help support your business if the unexpected happens is important. 

What can be in the cover:
- Loss of gross income up to the amount agreed to in the policy
- Additional increased costs of working (if you have chosen to insure weekly or gross income) up to a certain amount
- Claims preparation costs which are necessarily incurred and only up to a certain amount specified in the policy
- Reasonable costs incurred for rewriting necessary business records damaged by an event for which you are covered under the policy 

Optional Benefits 
at an additional cost if you require increased cover beyond the standard policy limits up to an agreed limit:  
 - Loss of outstanding accounts receivable   
- Claim preparation costs  
- Prevention of access by a competent authority causing interruption to your business