Business Income Property Coverage
Business Uninterrupted – with Business Income.
Business Income is a critical coverage for many midsize and large businesses, and one that keeps businesses running uninterrupted after a fire, windstorm or other property loss. Determining the appropriate limit and finding a carrier with flexible options can be a barrier to recommending proper protection. With Business Income you can tailor coverage for a specific account to provide comprehensive protection – in an easy to understand and competitively priced policy – that brings peace of mind and invaluable protection if and when a loss occurs.
Many Options tailored to your specific needs
Every business has exposures to lost income. Larger businesses tend to purchase this coverage, but it’s just as important to a small and midsize businesses. Our multiple options give you the flexibility to tailor business income coverage to your specific needs.
Business Income Options
- Business Income with Extra Expense – the best value
- Extra Expense
- Rental Income
- Daily Business Income
- Professional Income (for Lawyers)
Extensive Coverage Periods
What good is coverage if the coverage period is too short? Our business income options provide extensive coverage periods to ensure your customer is protected.
Period of Restoration
- Business income coverage is not limited by a fixed time period, but can extend as long as reasonably necessary to complete repairs or resume operations, even if that time period extends beyond the expiration of the policy
- Increased restoration time period for business income losses if it takes longer to rebuild green
Starting Up Operations (after a loss) – Extended Business Income
- Extended Business Income coverage kicks in when you start up operations after a covered loss and continues for up to 6 months – longer than what most other carriers offer and it can be increased.
Future Earnings
- Coverage for up to 2 years from the date of loss