Business interruption coverage is often difficult to figure out. We receive many questions from FC&S subscribers on a variety of BI topics, like the following:
Our client has complete or majority ownership of many companies, which are all insured on the same property and business interruption policy. Some of the companies make goods that are bought by the other companies within the group.
For example, one company is a paint producer and buys cans from another company in the group in which the actual paint is merchandised. Therefore, if one of these producing companies suffers a loss that is insured under the property coverage, there is a possibility that not only will this company suffer a direct business interruption loss but also that the recipient company of these goods will suffer an indirect business interruption loss because they could not produce their own products.
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