Business Income Insurance

When property is physically damaged, the owner suffers a financial loss equal to the reduction in the Property's value. Damage to the Property can also result in lost Income and Increased expenses. Though sometimes called an Indirect loss, the loss of Income or the increased expenses needed to continue operations can have a devastating financial effect.

Business Income Insurance provides organizations a way to protect against this possibility.

Although generally included within the Commercial Property line, Business Income Insurance is different from Insurance against Physical Loss to buildings and its contents.