When it comes to Business Interruption (BI) coverage, it is something that every business, regardless of size and industry should have to cover their operations. As the name suggests, any business can experience “interruptions” one way or another. BI is designed to cover scenarios in which loss of revenue occurs because of an insured loss. Things like fire, windstorm, earthquakes, snow storms, and flooding are just some of the many examples of perils that can trigger business interruption coverage. The intent of BI is to put you back in the place you were before you experienced the loss that triggered the coverage in the first place.
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