PSA Perspective Blog | Contact Us | (800) 677-7887 |

Business Interruption Insurance

If your business is struck by an unfortunate event, such as a fire or natural disaster, and forced to relocate or even close, Business Interruption Insurance, also known as Business Income Insurance, will replace business lost and protect you from loss of income.

Business Interruption Insurance will cover:

  • Net profits that you would have made during the time period your business is unusable. This amount is determined by your past financial records.
  • Costs and expenses incurred while your business is unusable, which is also determined by your financial records.
  • Any costs incurred if your company must move to a temporary location.

We will work to uncover your organization’s unique exposures in order to identify your specific “what if” scenarios. This will help ensure that if your business falls victim to an event outside your control where income is lost and you continue to incur fixed expenses for an extended period – you will be covered.

While your Property Insurance will cover the damage sustained, Business Interruption Insurance will allow you to “keep your doors open” and return your operation to the state before the event occurred.

Areas of Risk Management

Recent Blog Posts

Feb
15th
24 HR Mistakes That Could Cost You Time, Money, and Talent

Most everyone would agree Human Resources is an integral function of a high-functioning company. HR operations carry a lot of responsibility, mostly behind the scenes. From interviewing and hiring top talent to managing benefits and payroll, HR departments must keep track of countless forms, processes, regulations, and communications. Just one mistake — no matter how […]

Jan
30th
The Uncertain Future of the Affordable Care Act (Benefit Minute)

Repeal and replace the Affordable Care Act (ACA) has been the consistent message of the Republican Party and President Trump.  Some steps have already been taken that will likely ultimately impact the ACA.   Congress is progressing with a budget resolution bill that may lead to repeal of some aspects of the ACA that relate to […]

Jan
27th
Car Insurance Rates are Up — 6 strategies to keep your rates under control

Before we get into the several ways you can mitigate the rising cost of auto insurance, let’s talk about a question I hear all the time: Why does car insurance cost more than it used to? There are a number of reasons:

Jan
20th
How Could the Fair Labor Standards Act Revisions Affect You?

For months, organizations in the U.S. had been preparing to implement changes that, as of Dec. 1, 2016, would have increased the minimum salary requirement for certain exemptions under the Fair Labor Standards Act.