Our services:
- Compensation for lost profits
- Assumption of operating costs (e.g. rent, lease payments, wages)
- Damages for prepayments already made
- Coverage of disinfection costs
- Support for the reopening of operations
business closure insurance
Business closure insurance is a special form of business interruption insurance. It protects companies from the financial consequences of business closures due to official orders.
These can occur, for example, due to plagues, epidemics, or pandemics. Having to comply with such an order to close a business can threaten a company's existence. As a rule, the closure results in no or very little revenue being generated, but costs such as rent, warehousing, salaries, etc., continue to accrue, at least for a certain period of time.
Business closure insurance can provide financial protection for companies in such cases.
Typical examples of damage
- Closure of the business due to a pestilence or an epidemic
- officially ordered quarantine measures
- Closure due to hygiene deficiencies in the establishment
- Closure due to official orders related to terrorist attacks or disasters
In general, companies and industries at an increased risk of closure due to official orders should consider business closure insurance.
These include, for example, hotels, restaurants, event venues, gyms, and retail stores.
Companies operating in sectors where plagues, epidemics, or pandemics are more likely to occur, such as in food production or healthcare, should also include business closure insurance in their risk management.
Your benefits with us
personal
Customer service
individual
Risk analysis
Development of Needs-Based Concepts
Consultation on mechanical and electronic security measures for loss prevention
regular review
Your contracts
excellent
Partner network
Any questions?
How can we help?
You can reach us by phone, by email, or using the form below.
By contact form, email, or telephone