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Home > Blog > Business Income
TUESDAY, MAY 5, 2020

Business Income

Tony Williams, a UPS store owner, called to confirm his policy had business income (BI) coverage. As a result of the state of our country, many businesses owners are concerned about loss of income.  So what is business Income coverage (BI) coverage? It is a type of property insurance policy which covers a company's loss of income due to a slowdown or temporary suspension of normal operations which stem from damage to its physical property. Coverage typically includes the loss of income but excludes ordinary operating expenses. For example, it will not cover utility bills. Business income coverage can potentially save your business.Does your business have loss of income coverage? If not, we can help contact us a info@richardturneragency.com.

#yourinsuranceagent #businessincome #protectyourbusiness #alonetogether #businessinterruption #rtiagency

Posted 10:38 AM

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