@pauldiazins: Insurance coverage for business income - does it exist? Yes, and it's crucial. Some insurance policies include a feature known as '12 months of ALS' or Actual Loss Sustained. Yet, other insurers offer this as an "À La Carte" option, meaning it's not inherently part of the policy, but something you can add on. Imagine this - your restaurant, the source of your livelihood, is destroyed in a fire. With business income coverage, you can still sustain yourself monthly even when the business isn't operating. In conclusion, know your policy and remember, business income coverage isn't always a given. Follow for more tips on how to ensure your business income is properly covered by your insurance policy. #InsuranceAdvice #BusinessIncome #PolicyCoverage #ActualLossSustained #FireInsurance #BusinessIncomeInsurance
Paul Diaz
Region: US
Friday 22 December 2023 21:12:55 GMT
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