Don't lose out
Picture this - you are running a successful retail business, everything is going well and you are coming up to one of the busiest times of the year. Then all of a sudden, disaster strikes! A major fire means that your premises are gutted and all of your stock is wiped out. Thankfully, you have taken out shop insurance, so everything is covered - you can return your shop to its former glory and you can replace everything that was wrecked by the fire. So all is well. Yes? Well, perhaps not.
While you can get back to the way things were before the fire, what about the period of time you were out of business? Imagine if your business were closed for two months - just how much income would you lose over that time? Thousands of pounds? Tens of thousands? And having a business insurance policy that only covers your contents won't protect that. You need to make sure that you have a policy that covers you for business interruption or loss of income - and that's exactly what you can get, without paying any extra, through Direct Line for Business insurance cover.
Expect the unexpected
When you consider the number of reasons that your business might have to be closed, it certainly pays to have loss of income cover. Not only might fire cause problems, but there is storm and flood damage, problems caused by leaking pipes, and all sorts of other factors such as pollution and failure of public utilities. So your premises may not be damaged, but you still might not be able to trade.
This is the last thing you would want if you have to close your pub in the height of summer or your shop has to close for business in the run up to Christmas.
Direct Line for Business offers loss of income or business interruption cover as standard on the following policies - Shop Insurance, Licensed Trade Insurance, Guest House Insurance, Office and Surgery Insurance and Business from Home Insurance. The type and levels of cover vary from policy to policy but in some cases we can provide up to £500,000-worth of protection.
Related information:
Dealing with business interruptions - we've shown you what cover is available through Direct Line for Business, but how can you prevent everyday disruptions happening in the first place?
Accidents will happen - protect your business against claims for damage to public property or injury with public liability insurance.
Insurance for goods in transit - this is essential for businesses that transport stock. Van insurance will not cover any goods left in a vehicle.
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