Business Interruption Insurance also called Consequential Loss or Loss of Profits Insurance provides cover for financial losses to your business, resulting from material damage to property caused by a catastrophe such as a hurricane or earthquake.
Apart from physical damage, the insured will most likely suffer loss of income and increased operating costs. A lot of businesses are wiped out because they did not have this very affordable insurance protection.
Please see link to the full newsletter for more details: MIB January 2020 Newsletter
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