What is Business Interruption insurance?

Business interruption cover is designed to replace the income of a business in the event of a loss that renders them unable to trade.  It can be calculated on the turnover or gross profit of the business and it is usually triggered by a material damage claim such as a fire or storm, which prevents the business from trading temporarily.  The property damage claim is covered separately and the business interruption cover is usually engaged afterwards in order to replace the income caused by the interruption in normal trade.

If you have business insurance questions or need insurance, Westralian Insurance can help.  Our professional and friendly staff are full qualified and here to help.  Call (08) 9302 1388 or visit www.westralianinsurance.com.au