Protect Your Customers, Profits and Employees With Insurance for Loss of Income

Your Charlebois Trépanier insurance broker cares about the success of your business. Your broker is a true partner who applauds your success and stands by you in difficult times.

Business interruption coverage is a form of insurance that replaces business income losses has a result of an insured event or peril that interrupts the operation of the business. For example, the loss of rent revenue for a real estate owner, or the loss of sales revenue for a retailer or a manufacturer in the event of a fire, among other perils.

This coverage protects the business operating cash flow needed to pay fixed and semi-fixed expenses. Depending on coverage selected, the business interruption coverage will cover net profit, fixed and semi-fixed costs and additional expenses to maintain the normal operations and\or to reduce the anticipated loss.

Did You Know?

The first risk that comes to mind when thinking of loss of income coverage is fire damaging the business property.

One must also consider loss of income caused by incidents reaching surrounding premises, such as to a supplier’s premises or to an important customer’s premises, or from an external energy source (e.g. a pylon damaged by lightning).

In such an event, your business could suffer an important loss of income resulting from an indirect damage. These risks may be covered. Call us to discuss further!