What you need before getting started:Your most recent income statement(s) for the last one-year period.
Your business plans in the event of a disaster. For example:
Do you plan to continue operating at full capacity (100%) or in a more limited way (20%, 50%)?
Do you plan to continue paying all employees or only key individuals?
Do you plan to continue operating at a new temporary location while you rebuild your business property?
Do you expect to have extra expenses during your recovery period?
Understanding Business Income Insurance:
Find out what you need to know about Business Income and Extra Expense Insurance.
A word from our legal department: Please use the Business Income Calculator model at your discretion. Keep in mind that the accuracy and completeness of the results is based upon the information you provide. Yassa Agency does not guarantee or warrant that the results will meet your business requirements. Therefore, the estimated Business Income and Extra Expense amounts calculated are not a formal or final recommendation of coverage limits to be purchased. You should talk to your insurance agent or other financial advisor familiar with your operations for guidance on how much coverage you need to buy, taking into account your own unique business circumstances.
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