Business interruption insurance covers specified financial losses from disruption, often following insured physical damage. It can address defined lost income and continuing expenses over an indemnity period. The trigger, financial definitions, waiting provisions, and maximum duration determine what the insurer pays.
If a Nepalese factory closes after an insured fire, property insurance may fund repairs while business interruption cover addresses eligible trading losses. A general downturn or an unrelated shutdown may not qualify. Maintain reliable accounts and choose a duration that reflects realistic repair, equipment delivery, and reopening times.