Avante Insurance’s Gaby Dominguez tells you what you need to know about insuring your business!
In this edition: What is business interruption insurance and why is it so important?
Watch the video or read the text below.
What is business interruption insurance and why is it so important?
Business interruption provides the client that in the event they have a loss and they have to close down and cannot operate, the insurance company will pay them the loss of income that they would suffer during that time they have to close down. This is one of the coverages a lot of businesses do not purchase, and it’s extremely important because when you’re down, you need to continue to have that income come in so you can pay your fixed expenses and keep those employees that are very important to you so that your operation continues once you are back up.
We hope you enjoyed What You Need to Know About Insuring Your Business: Business Interruption Insurance. Be sure to check out What You Need to Know About Insuring Your Business: Independent Insurance Agencies,Quotes,Annual Check Ups,New Business Owners and Biggest Company Mistakes.