Tiếng Việt
Business Interruption (BI) Insurance
When a fire, flood, or other insured event slows or shuts your operations, BI replaces lost earnings and funds ongoing expenses—so you can keep paying staff, serving customers, and meeting lender obligations while repairs are underway. (Usually paired with your Property/Fire policy.)
Target clients
- Factories and warehouses
- Hospitality & hospitals
- Tetailers/malls
- Offices and service firms
- Logistics hubs
- Data centers
- Any site where downtime means lost revenue.
Core protections
- Loss of gross profit/revenue and standing charges following insured property damage.
- Increased Cost of Working and AICOW to accelerate recovery and reduce loss.
- Chosen Indemnity Period (e.g., 6–24+ months) and time deductible (waiting period).
- Standard triggers: physical loss/damage insured under your Property (PAR/Fire) or Machinery Breakdown policy.
Add-on protections
- Contingent BI for named suppliers/customers
- Utilities failure
- Civil authority/denial of access
- Loss of attraction
- Infectious diseases (where available)
- Phased restart/multiple locations
- Tailored lender/landlord clauses
Results you can expect
- Protect cash flow, payroll, and debt service during downtime.
- Faster restart thanks to funded mitigation measures.
- Stronger bankability and contract compliance.
- Clearer forecasting with predictable cover for major disruptions.
Vietnam Legal Requirements
BI is not compulsory by law. It’s commonly required by lenders or leases and typically depends on an insured property-damage trigger under your PAR/Fire policy.
Property & Casualty Insurance
