Business interruption policies, also known as continuation policies, are a kind of insurance that’s especially useful for businesses that have physical locations like manufacturing facilities or retail stores.
Business interference protection remunerates a business for its lost pay because of occasions that make an interruption the ordinary course of business.
It is typically included in a business owner’s policy or added as a rider to a property insurance policy.
Manufacturers, wholesale distributors, and retailers are examples of businesses that benefit from product liability insurance.
A company can avoid paying for damages caused by products, such as a faulty product that causes bodily harm, with product liability insurance.
A company may be at risk of having to pay for costly lawsuits if it does not have product liability insurance.
