Question 1

What is Business Income coverage?

stagingeckburg · Accepted Answer

After a devastating claim, most businesses would like to continue to pay their staff even though they have no place to work. Business Income can provide a stopgap coverage that allows a business to make payroll, advertise a new location, print new letterhead, and pay other expenses that would not be covered in other parts of the policy. A BOP will usually include Business Income coverage.

Question 2

What is Business Income coverage?

stagingeckburg · Accepted Answer

After a devastating claim, most businesses would like to continue to pay their staff even though they have no place to work. Business Income can provide a stopgap coverage that allows a business to make payroll, advertise a new location, print new letterhead, and pay other expenses that would not be covered in other parts of the policy. A BOP will usually include Business Income coverage.