Property & Business Protection
Business Interruption Insurance
A serious event can halt a business's operation even when the damage itself appears limited.
What is it?
This is cover concerning the financial consequences of a business's operation being interrupted following a damaging event, such as lost income or ongoing expenses during the period of recovery. It is usually linked to a separate property cover, and its exact content differs by insurer and is confirmed case by case.
Who is it for?
It is relevant to businesses that depend on a particular premises, equipment or supply chain to operate, particularly those that would struggle to continue functioning normally after a prolonged interruption.
Legal position
Is it compulsory in Cyprus?
Not generally compulsory
Business interruption cover is not required by law. However, it may form part of the terms of financing or a lease agreement in certain cases.
General information only. Requirements can change and depend on your activity — Vesta can help clarify what applies to your circumstances.
When might you need it?
Your business operates from a single location with no alternative facility.
You depend on specialised equipment that cannot easily be replaced.
You carry fixed obligations, such as rent or loan repayments, regardless of whether you can operate.
Your activity depends on a specific supplier or customer.
You expand your premises and your dependence on them increases.
These are illustrative circumstances, not a description of policy terms, conditions or exclusions.
Why review this cover?
The lost income during an interruption can ultimately exceed the cost of repairing the damage itself. A review helps realistically assess how long the business would need to recover and which obligations would continue in the meantime.
The Vesta approach
Understand first, then solutions.
Before discussing solutions, we want to understand how your business operates day to day, which factors are critical to its continuity and which obligations would remain active in the event of an interruption. This understanding shapes what is worth examining next.
Next step
Let's look at your circumstances.
Tell us how things work in practice and we will explain what is worth reviewing before any solution is discussed.
Prefer to speak with us?
If you would rather talk it through, tell us a little about your business and we will come back to you.
Related insurance areas
All business insurance