The Benefits of Business Interruption Insurance
When an international organization operates in some of the world’s highest-risk countries, there is a distinct possibility that it will have to temporarily close operations, whether it be a result of a natural disaster, a political violence event, or another unexpected disaster. Additionally, because those countries don’t always have the resources needed to repair damages, and get an operation running again quickly, closures can last longer than in more advanced countries. That is why Business Interruption Insurance is one of Clements fasting growing policy lines.
According to the latest Clements Worldwide Risk Index, twenty-nine percent of managers surveyed said their biggest losses abroad were the result of business interruptions, but just 25 percent said they were prepared for such events.
Read The Benefits of Business Interruption Insurance to find out how you can protect your continued operations.
Labels: business interruption insurance