Newsletter - Issue 8 - Winter 2019

Newsletter - Issue 8 Winter 2019

Business Interruption Confusion continues and Underinsurance remains a key problem, suggests CII

Companies need to ensure they are not leaving themselves underinsured when it comes to business interruption insurance, according to a key industry body.

Business interruption insurance covers the loss of income that a business suffers following a loss, and is considered an essential cover for a large swathe of companies. The cover protects the cash flow and profits whilst the business recovers, the aim being for the insured to be in the same position after the loss that they would have been in if the loss had not occurred.