If you are serious about protecting your business operation in the event of a covered loss, you should consider purchasing business interruption insurance. At FCA, we like to think of it as “business continuation” insurance, because it lets you offset both reduced income and ongoing expense for a particular shutdown or operations – or for a full closure after a loss. Without it, many businesses are unable to bridge the period while repairs are completed and income is reduced. Lower sales often continue, even after you reopen.
So partnering with your FCA commercial specialist and a good accountant who understands Business Interruption is the best way to ensure that your business will re-open, and survive, after the physical damage is repaired. FCA can also help you arrange for indirect protection – for example in the case of an interruption at a key supplier or customer, which could in turn reduce your business flow.