Business interruption cover

Ask what must happen before the cover responds. Do not assume a property policy pays every loss of revenue, or that physical damage and cyber interruption use the same terms.

Request written explanations of the financial basis, waiting period, indemnity period and relevant limits. Give the insurer accurate operating information.

For planning, identify critical locations, suppliers and systems. Check these dependencies against the quotation instead of treating the words business interruption as a complete specification.