Tag: business interruption

Are you fully covered? The problem of underinsurance

Underinsurance

All too often cash-strapped SMEs turn their attention to insurance when attempting to cut costs. We refer to it as “The Umbrella Syndrome”; you don’t think you’ll need your umbrella on a nice sunny day, but then all of a sudden the weather turns…

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Business interruption insurance – Case study

As part of our series on business interruption insurance, we’d like to share with you a case study. We think this real-life scenario highlights the crucial need for all businesses to take up interruption cover, as it shows us that business can be pretty unpredictable and – as sad as it may seem – you need to be prepared for the worst.

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4 Things to Consider for Interruption Insurance

As we said in our last blog post, business interruption insurance provides much needed peace of mind for business owners facing unforeseeable roadblocks.

We absolutely recommend taking up interruption cover for your business and when you do, here are 4 things to consider with your broker to get the best possible cover.

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Business interruption insurance – what is it and why do you need it?

Business owners face risks every day, many of these arising out of unforeseeable circumstances. That’s just life, we experience the unexpected.

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