Eighty per cent of businesses that have major losses end up failing because they are not adequately insured. It’s not enough just to have interruption coverage; it’s imperative to have the right sort of coverage so that when unexpected things happen, you’re able to focus on running your business and emerge from the interruption stronger than ever.
Business interruption insurance covers ongoing expenses, staff wages, the profit you would have lost, and it pays to get you up and running again.
Some of the applicable situations would be if
OTC Insurance offers business interruption insurance for its clients in Nova Scotia, New Brunswick and Prince Edward Island.
Insurance brokers do not work for an insurance company, they work for you. That’s the key thing that separates them from all other purchase options. It means you have more advice, more choice, better pricing and a representative that’s on your side in the event of a claim.