A number of statistics are quoted about the number of businesses that fail after suffering a major incident such as a fire. Whether that figure is 60%, 70% or 80%, it is still a very high number but there are some simple steps to help ensure that your business does not become one of them. Many… Read more »
Tag: loss of profit insurance
Loss of Profits Insurance – Getting it right
A fire that gutted a 15th century pub and badly damaged several Hereford city centre shops in October 2010 has highlighted the need for correct loss of profit or business interruption insurance. The fire has meant that several businesses have still not been able to re-open and plans have only now been approved to re-build…. Read more »