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Business closure insurance

Our services:

  • Compensation for lost profit
  • Assumption of operating costs (e.g. rent, lease payments, wages)
  • Compensation for advance payments already made
  • Cost absorption for disinfection measures
  • Support for the reopening of operations

Business closure insurance

Business closure insurance is a special form of business interruption insurance. It protects companies against the financial consequences of business closures due to official orders.

These can be due to epidemics, epidemics or pandemics, for example. Having to follow such an order to close down a business can be existentially threatening for companies. As a rule, no or only very low revenues are generated as a result of the closure, but costs such as rents, warehousing, salaries, etc. continue to be incurred, at least for a while.

Plant closure insurance can provide companies with financial protection in such cases.

Typical examples of damage

  • Closure of the business due to a disease or an epidemic
  • officially ordered quarantine measures
  • Closure due to hygiene deficiencies in the plant
  • Closure due to official orders in connection with terrorist attacks or disasters

In general, companies and industries that have a higher risk of being threatened with closure due to regulatory orders should consider business closure insurance.

These include, for example, hotels, restaurants, event venues, gyms and retail stores.

Companies operating in areas more likely to experience epidemics, epidemics or pandemics, such as food production or healthcare, should also include business closure insurance in your risk coverage.

Your advantages with us

personal
customer service

individual
Risk analysis

Building demand-driven concepts

Advice on mechanical and electronic security measures for loss prevention

Regular review
of your contracts

excellent
partner network

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