CONCESSIONS & INVESTMENTS

Covering all angles

14 years ago

Whereas Business Interruption insurance cover is closely linked to an assureds Property Damage cover, Contingent Business Interruption is a related form of cover which does not depend upon physical damage to the assureds own property.

Ports can buy CBI cover to protect against outages of key utilities, such as electricity. Credit: Port of San Diego

Whereas Business Interruption insurance cover is closely linked to an assureds Property Damage cover, Contingent Business Interruption is a related form of cover which does not depend upon physical damage to the assureds own property.