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.