Business interruption insurance

IMMEDIATELY BUSINESS DAMAGE INSURANCE INSURES YOU MOVE INCOME BECAUSE YOU CAN NO LONGER CONTINUE WITH YOUR BUSINESS. FOR EXAMPLE, DAMAGE TO A BUILDING, THE TENANT'S INTEREST, THE INVENTORY, THE STOCK OR DUE TO Environmental damage. RECONSTRUCTION COSTS ARE ALSO REIMBURSED UP TO €100,000. THE BUSINESS DAMAGE INSURANCE IS ALSO KNOWN AS SALES INSURANCE OR BUSINESS STAGNATION INSURANCE.

IF YOUR POLICY STATES THAT YOU ARE COVERED FOR WHAT HAPPENED TO YOU. COMMON CAUSES ARE:

• FIRE, WATER DAMAGE, STORM, VANDALISM OR THEFT

• CLOSING-OFF OF YOUR STREET OR SHOPPING CENTER DUE TO DAMAGE TO OTHER PROPERTIES

• CLOSURE DUE TO SOIL POLLUTION OR ASBESTOS RELEASED

DUE TO FIRE, STORM OR ANY OTHER INSURED CAUSE OF ACTION MAY BE THAT YOUR BUSINESS MAY COME TO A (PARTIAL) BREAK DOWN. YOUR COMPANY WILL THEN HAVE LESS OR NO MORE INCOME. BUT YOUR COSTS WILL CONTINUE. THIS WILL CAUSE YOUR GROSS PROFITS TO DECREASE. IMMEDIATELY BUSINESS DAMAGE INSURANCE YOU WILL THEN BE REIMBURSED FOR THE DECREASED GROSS PROFITS.

IF YOUR BUSINESS COMES DOWN DUE TO THEFT, FIRE OR FLOODING, FOR EXAMPLE, THE COSTS CAN BE HIGH. YOUR STAFF AND FIXED COSTS MUST BE PAID.

WITH THE BUSINESS DAMAGE INSURANCE ARE YOU COVERED FOR FINANCIAL INJURY WHEN YOUR BUSINESS IS STOPPED. FIXED CHARGES AND STAFF COSTS WILL THEN BE REIMBURSED.

WE HAVE THE SUITABLE SOLUTION FOR EVERY LEGAL FORM. WE OFFER BUSINESS DAMAGE INSURANCE FOR ZZP, VOF, MAATSCHAP, BV AND NV. IN ADDITION, WE HAVE A SUITABLE FOR ALMOST EVERY BRANCH Insurance.

WHETHER YOU WORK IN CONSTRUCTION, RETAIL OR HEALTHCARE, WE HAVE BUSINESS DAMAGE INSURANCE FOR YOUR BUSINESS. CHOOSE YOUR INDUSTRY IN THE QUOTE REQUEST FOR THE BEST Insurance FOR YOUR SITUATION.

Business interruption insurance is not mandatory.

• less turnover because your customers place fewer orders

• the damage to your property. You need one for this home insuranceg necessary

• damage to your inventory. You need one for this inventory insurance necessary

• damage to goods or stock. You need one for this goods insurance necessary

• damage caused by intent

• damage caused by poor maintenance

• damage caused by illegal activities

• damage caused by natural disasters, such as earthquakes and floods

This depends on your policy conditions. The payment often stops when your building has been rebuilt or when your production and turnover are back to what they were before the damage. Sometimes there is also a maximum term for the benefit. This can vary from 6 months to several years.