Would your business survive if it was damaged by severe weather, fire, flood or even the temporary loss of a key supplier? How would you cover your revenue and profits lost while you rebuild?
Studies conducted by the Insurance Council Australia indicate that over 50% of all small businesses that suffer a major interruption without Business interruption insurance will fail within 3 years of the interruption occurring.
A simple but effective solution is Business Interruption insurance. The following short video provides a simple and clear explanation of Business Interruption, and why it is crucial for all businesses to ensure their survival if the unexpected happens.
If you would like to discuss the right Business Interruption solution for you, contact the team at iO2 Insurance Group…we’ve got you covered.