Business income insurance

FAQs

• If I’m forced to temporarily close my small business due to a covered loss, will business income insurance from Sentry help me continue paying my employees?

  Payroll is included in our business income policies, as are other indirect (or time element) losses.

• How can I modify my business income insurance policy to make sure I’m choosing the coverage my company needs?

  We know choosing the right insurance for your company is important, which is why we offer a range of modification options that allow you to customize your business income insurance. Several of these options involve indemnity—monthly limits, maximum periods, and extended periods—while others include payroll exclusions, annual business income, and extra expense. Ultimately, you determine your level of coverage, while our experienced agents are available for any questions you have.

• What is extra expense coverage, and how is it related to business income insurance?

  After your business has experienced property damage, extra expenses are incurred as you continue your operation—at your regular location or a temporary one—while the loss makes normal operations impossible. Like business income, extra expenses are indirect losses, because the loss amount is determined by the length of time needed to restore or replace the property. Depending on your situation, you may need business income, extra expense coverage, or both. Your Sentry agent will work with you to help you decide on the coverage you need.