Yes. Business Interruption can be included within many Business or Office Insurance packages.

It is separate from the cost of replacing damaged office contents.

When can Business Interruption apply? #

A typical example is where:

1. The office suffers insured physical damage.
2. The business cannot operate normally.
3. Turnover or income is affected.
4. Additional expenses are incurred while operations are restored.

The actual trigger depends on the policy.

What can be covered? #

Depending on the wording, cover can include certain:

• Loss of gross profit.
• Additional operating expenses.
• Temporary premises costs.
• Increased costs of working.
• Other insured financial losses.

What if staff can work from home? #

Remote working can reduce the impact of an office loss, but it does not necessarily eliminate the exposure.

The business may still face:

• Reduced productivity.
• Temporary technology costs.
• Premises relocation expenses.
• Lost income.
• Additional staffing costs.

How long should the indemnity period be? #

Consider how long it could realistically take to:

• Repair the office.
• Replace equipment.
• Find alternative premises.
• Complete a new fit-out.
• Restore systems.
• Return to normal operations.

A short indemnity period can be inadequate following a major loss.

Is Cyber Business Interruption included? #

Not generally.

Loss of income caused by a cyber event is normally considered separately under Cyber Insurance.