Business Interruption
Business Interruption relates to the consequential loss of income as a result of property damage. For example, imagine a fire starts in the local clothes shop. While the shop is closed to clean up the mess and restock, it loses out on potential income. Business Interruption Insurance is intended to enable the retailer to recover this reduction in income.
Business Interruption losses require careful consideration. If not recognised early and in the absence of appropriate mitigation, a relatively small loss can result in a much greater loss. At CMS, we understand the complexities involved in business interruption claims and the immense financial strain they can impose on a business. Our seasoned professionals are equipped with the expertise to meticulously examine the financial position of the loss.
Beyond the initial assessment, we provide continuous support throughout the claims process. We guide you through the necessary paperwork, gather essential documentation, and assist in meeting deadlines to streamline the claim. Our goal is to alleviate the burden from your shoulders and allow you to focus on restoring your business to its pre-interruption state.
Choosing CMS means having a dedicated team that is committed to obtaining the best possible settlement for your business. Our comprehensive understanding of business interruption claims, combined with our strong rapport with insurance companies, empowers us to secure the compensation you rightfully deserve.