This class of business is exactly what it says about itself. If a business
stops as a result of any peril covered by the policy, and, such a loss
is significant, the owner should have in place such coverage to cover
the following: -
Wages for staff members of all categories for the estimated period it
will take for the company to get back on its feet.
Coverage for standing charges such as:
- Payment of rates to municipal authorities
Payment of alternative accommodation.
Any other obligation that the operators would normally have to pay.