Business Interruption insurance is cover that replaces revenue lost if a business suffers direct physical loss and is forced to close its doors due to a fire or a natural disaster.
However it is important to note that business interruption insurance does not reimburse policy holders if the business is closed due to pandemics, viruses or other diseases such as Covid19***
Business Interruption cover is usually added onto a comprehensive business policy and cannot be taken out as a separate policy.
There are often exclusions, deductibles and limits which apply, so contact an Avoca Insurance Broker to discuss your specific insurance needs.
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