Why Your Insurance Policy Should Cover More than Damage
In an alert issued April 16, 2018, the United States and the United Kingdom published a report advising organizations and individuals worldwide that Russians were attempting to access devices controlling the flow of internet traffic.
One day later, the Federal Reserve reported that during last year’s record-breaking, weather-related disasters, 65 percent of affected companies attributed their financial losses to power or utilities outages.
If your construction company loses internet access for an extended period of time, whether it’s due to Russian hackers or weather-related power outages, it will be protected against financial loss only if your business operations are covered by business interruption insurance.
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