Do most organizations have service disruption insurance coverage? There are so many different types of insurance policies available for businesses today, making it a challenge for companies to know what they really need and what they don’t. One type of insurance plan that has become very popular is a business interruption plan. When you consider the interruptions that many businesses have experienced this year because of the pandemic, it is not hard to see why this sort of policy is essential. With that in mind, we will take a look at how many businesses have these policies and what they cover. What does business interruption insurance cover? Before we delve deeper into how many businesses have this policy, it is vital to explain what it covers so you can understand why this is a beneficial plan. While there are many different causes of disruption at any business, floods and fires are two of the most common. You may think that flood claims only happen when there is a huge natural disaster, but this is not the case. How many businesses have this policy?
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