Business Interruption insurance provides cover for the reduction in earnings as a result of an insured event occurring that disrupts normal day-to-day business. What this type of insurance covers you for is the continued running of your pub, protecting you from loss of earnings, and allowing you to continue to operate even though damage or loss has happened. It is estimated that 40% of businesses in the UK are under insured, and some even mistakenly believe that other policies will cover their loss of revenue in an event of an explosion, such as buildings and contents insurance. This is true however, these types of policies only cover the physical damages that occur, not the loss of earnings.
It is why when we assess your needs and review your Business Interruption insurance cover, we go through it in detail, making sure that if your pub is damaged or impacted by an event not in your control, you can still trade as normal as possible.