Business Interruption Insurance

Marsh Commercial can arrange insurance that will help you protect your business and put you back on track following a loss. With experience of a variety of different industries, they can help you to assess the risks to your business and decide on an indemnity period.

Cover can help with loss of income while you’re unable to trade. It can also pay ongoing rent, employee salaries and other overheads.

Cover will help with the expenses you could be facing. You may need to rent other premises, or hire staff and equipment to keep your business running.

Consider recovery times - many businesses get this very wrong and assume they will be back on their feet in months. In reality, it can take years.

In general, Business Interruption Insurance provides cover following insured damage caused by premises by fire, storm or flooding and the breakdown of essential equipment. Some policies will also cover Business Interruption due to: people not being able to get into your premises; damage occurring at supplier or customer premises. Specialist policies sold separately are available to insure computers against viruses, hackers and other cyber risks.

A buildings and contents policy will not compensate for loss of income following a disaster at your business. This type of policy does not allow for financial loss as a result of damage.