Stay Protected with Business Interruption Insurance



If a disaster happened and your business was unable to operate, would your company survive without its usual income? How long would you be able to manage while your property is being restored or rebuilt? To protect against this risk, you should consider business interruption insurance from our commercial insurance brokers in Edmonton.

As an Independent Insurance Brokerage, we are able to shop the marketplace and provide you with various product and term options. In business over 50 years, we’ve earned a reputation of excellence by providing honest, fair and dedicated service.

What Does Business Interruption Cover?

As Albertans know, Mother Nature can be unpredictable. When a devastating flood, fire or snowstorm occurs, you want to make sure your company is prepared. Your business interruption insurance may respond when a natural disaster temporarily disrupts the running of your company. This type of coverage may help you recoup lost revenue and is designed to do the following:

  • Allows your business to withstand a temporary closure.
  • Covers relocation and advertising expenses. For example, you may be forced to rent a temporary office or rent equipment such as phones and computers.
  • Covers your continuing business expenses such as taxes, utility bills, mortgage payments, phone bills, account expenses, salaries and more.
  • Covers lost net income

Essentially, your business interruption coverage will begin at a point where your property damage insurance ends. Your policy is designed to cover the loss of earnings attributed to a disaster.

By partnering with some of the top Canadian insurers, we are able to provide customized business coverage such as business interruption. Typically, this will be part of your comprehensive policy or added to your property policy.

What to Consider

Are you wondering how much coverage you need? There are many things to consider, including the following:

  • How well is your building protected?
  • How long would it take to find a suitable, temporary space for your business?
  • How likely is it that a covered loss will occur?
  • Will you have to compete with other displaced business owners?
  • What is the estimated recovery time for your business should a disaster occur?

While it’s always a good idea to start thinking about these questions on your own, our brokers are here to help you find coverage that makes sense.

Consult with Our Commercial Insurance Brokers in Edmonton

If a natural disaster disrupts your business and makes it impossible for you to operate, having business interruption insurance is vital to your sustainability. Our commercial insurance brokers in Edmonton are well versed in this specialized form of coverage and will walk you through your options in a clear and understandable manner.

A large number of businesses that close due to a natural disaster may never reopen but your company does not have to be one of them. Contact us to get started on your commercial policy and benefit from our wealth of experience.