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Clover Insurance Brokers

3800 Steeles Ave West, Suite 201E,
Woodbridge, Ontario L4L 4G9

A Division of Wood & Kirkpatrick LTD,
Canada's Oldest Broker Since 1821

905-851-7774
905-851-7838
1-844-340-1578

Phone |

Fax|

Toll-Free|

Quote #8589

Hours

Mon-Fri 9-5 EST

Toronto Line|

Travel|

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*** EFFECTIVE OCTOBER 10th, 2024 ***
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Please CALL our office to speak to a Licensed Insurance Broker.
1-844-340-1578
Quote Requests done online will NOT be responded to.

Business Interruption

A policy that protects against loss of earning and pays certain continuing expenses, for an insured who has suffered a loss form the peril insured, e.g. a factory may be shut down for several months as the result of a fire. Business interruption insurance as applicable to the risk would pay for the loss of profits during that period (and sometimes the depletion of profits for a period after resumption of operation) and pay the cost of keeping certain key personnel. Also known as "Use and Occupancy" insurance, although the coverage is slightly different.