The Morning Blend: Business Interruption Insurance
Running a company can be difficult without the right business insurance. One coverage most business owners need is business interruption insurance, also known as business income insurance. It can help replace income you lose if you can't open temporarily after a covered loss, like property damage.
Strange things happen! We've got an expert here to walk us through what business interruption is and what do businesses consider when deciding if they need this coverage. The founding partner of Xartis Group, Joe Emerich, joins us to discuss business interruption insurance and why you need it. To learn more, please visit XartisGroup.com or you can read more in the Small Business publication, Insider 94.
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1. We conduct a soft credit pull that will not affect your credit score. However, in processing your loan application, SmartBiz Bank and the lenders with whom we work will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may impact your credit score.
The Centrust Blog and other related communications from Centrust Bank, a division of SmartBiz Bank℠, are intended to provide general information on relevant topics for managing small businesses. Be aware that this is not a comprehensive analysis of the subject matter covered and is not intended to provide specific recommendations to you or your business with respect to the matters addressed. Please consult legal and financial professionals for further information.
