Business Insurance ? Frequently Asked Questions
– what is it?
Business Interruption Insurance covers Loss of Trading Profit due to interruption caused by an insured event for a selected indemnity period, usually minimum 12 months.
What information do I need to obtain quote for business insurance?
You will be required to give some or all of the following information in order to obtain a quotation:
• your profession or industry
• the level of cover you’d like
• your annual turnover, annual gross income, annual fee income – if the business is just starting up your estimated first year’s revenue
• your business name, a contact name and a valid email address
• your business trading address
• answer a few questions about your business activities and previous claims history
• the date you want cover to begin
• your bank details
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