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Guide to Business Income Insurance
Business Income Insurance

Guide Contents

Business Income Insurance
Compare Business Income Insurance Plans
Buy Business Income Insurance
Frequently asked questions about Business Income Insurance
Where to get more help about Business Income Insurance


Business Income Insurance

Business Income Insurance is also commonly known as Business Interruption Insurance and Time Indemnity Insurance. The purpose for its existence is to provide business owners with an income if a disaster was to occur which meant they were unable to trade.

The benefit paid from Business Income Insurance aims to cover all those expenses that remain ongoing even though the business has come to a temporary stand still. Expenses include those such as employees wages, property fees, profit which would have been earned and other overheads.

*2) Just think what would happen if there was a fire and you were unable to trade until your premises was refurbished?

  • Spiralling bills
  • Wages to pay

All at a time when there is no or little cash being received from the business. Unless you have spare cash put aside for times like these, Business Income Insurance may well be a wise investment!

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