Tag: business interruption insurance
What is Business Interruption Insurance and why does my business need it?
Continuity is critical in business, and there are few things more important than continuous revenue and cash flow, particularly for small to medium-sized organizations. In fact, just one brief business interruption can be incredibly costly for an organization, often leading to serious reputational damages or long-term closures. That’s where business interruption insurance can help. This […]
read more »Categorizing Restaurant Payroll: Ordinary Payroll vs. Key Payroll
Many restaurant owners may not realize their options when it comes to categorizing and insuring their payroll system and employees. The two main employee payroll categories are commonly referred to as key payroll and all other. Small businesses and restaurants all need a payroll system fit for their needs. Learn what’s best for your company […]
read more »Business Interruption Insurance for the Golf Course Owner
Storms can happen at any time. They can happen during the middle of the night or during the middle of a 120 player charity tournament as one golf course in Haverhill recently found out. A microburst caused several trees to be uprooted and split in half interrupting the tournament and closing the golf course temporarily. […]
read more »Making Up for Lost Time: Business Interruption Insurance
Bad things happen to good businesses. It’s after all why we insure them. But while your insurance policy covers your property and contents, there’s one very pressing concern it does not cover: time. When your business is open, every hour and minute is used to bring money into your business and your product or services […]
read more »Getting (Back To) Business Interruption Insurance
A business may unexpectedly shut down for many reasons, all of which can spell disaster for the owner. A force outside the business’ control may interrupt the daily operations, forcing the business to close its doors for some time. Whether it’s a fire, hail or wind storm, or some other disaster, you never know when […]
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