An event that impacts the business (fire, flood, storm, etc.) can disrupt its activity and lead to potentially very serious financial consequences.
Business interruption insurance allows the company to mitigate the effects of a reduction in turnover and help it with its fixed costs by covering its general overheads (depreciation, taxes, rent, staff salaries, loan interest, etc.). This insurance can also help the business cover certain additional costs resulting from the event.
THE COMPANY CAN IN PARTICULAR INSURE AGAINST
business interruptions due to the following events
Fire and explosion
Accidents to electrical equipment
Water damage
Machinery breakdown
Natural disasters (cover must be included when the policy is taken out)
Damage to motor vehicles
Riots, social unrest and vandalism
Attacks and acts of terrorism (cover must be included when the policy is taken out)
Supplier failures, lack of access to the site or shutdowns (shopping centres, retirement homes) ordered by the administrative authorities.