A business interruption insurance claim is a request for compensation from an insurance company to cover losses incurred due to an interruption in business operations. This can be caused by various events, such as natural disasters, fires, or even pandemics.
Business interruption insurance can help businesses recover from financial losses, including lost income, fixed expenses, and extra expenses incurred during the interruption period. It is an essential coverage for businesses of all sizes, as unexpected events can have a significant impact on their operations and profitability.