Business Interruption Insurance
Business interruption insurance is an essential type of coverage that covers the financial loss incurred by a company due to a catastrophe. The financial loss covered by this type of coverage can be caused by a natural disaster-related loss of business property, or by the rebuilding process following a natural disaster. If a natural disaster occurs and causes business property to be damaged or destroyed, business interruption insurance can help pay for the expenses of restoring that property and can also cover the cost of recovering the business equipment and supplies.
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