Off-The-Shelf Business-Income Policies Can Sink TechCompanies

Change comes ever more quickly in todays markets, and companiesthat dont keep pace may not survive. Nowhere is the pace of changemore rapid than in technologyespecially the life sciences andinformation and networking technology industrieswhere newadvancements have led to extraordinary growth for manycompanies.

Growth, however, creates special challenges for corporateinsurance buyers when it comes to business income coverage. Astandard, one-size-fits-all policy may not adequately protecttechnology companies that are growing rapidly, investing heavily inresearch and development, or competing in ever-changing markets.While such companies often bet their future on their latestproducts, inadequate business income insurance is a gamble theydont have to take.

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