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Business interruption insurance (BI) provides cover for financial losses due to an interruption to a business caused by material damage to property. Cover is typically incorporated into a package or commercial combined policy. Typical cover provided There are 3 key elements to consider with a business interruption policy: The time period for which the interruption … Read more

Serious fires originating in outside storage are a frequent occurrence, due to the range of occupancies commonly encountered there, often resulting in widespread destruction and major business interruption. Understanding the Risk Outside storage is commonly encountered in a wide range of occupancies in the form of raw materials, partly manufactured products or components, crated finished … Read more