Business-income worksheet and period of restoration
Review this carefully when evaluating the insurance program and preparing a submission.
Business Income & Supply-Chain Insurance for Distributors
A distributor can lose revenue without its own building burning down. A key supplier, port, warehouse, customer or utility interruption can create a serious income problem.
What to Think About
The policy should match how the business actually operates.
Coverage needs depend on the products, contracts, property values, transportation arrangements and services involved. These are some of the issues worth reviewing.
Direct shutdownProperty damage at your own location can stop shipping and receiving.
Key suppliersA critical supplier loss can leave you with nothing to distribute.
Key customersDamage at a major customer can reduce demand and revenue.
Extra expenseTemporary space, expedited freight and alternative suppliers can be expensive ways to keep operating.
Submission Checklist
Information that helps tell the story to underwriters.
Better information can help carriers understand the risk instead of making assumptions from a class code alone.
Critical suppliers and single-source products
Review this carefully when evaluating the insurance program and preparing a submission.
Critical customers and concentration
Review this carefully when evaluating the insurance program and preparing a submission.
Contingency plans and alternative locations
Review this carefully when evaluating the insurance program and preparing a submission.
Related Distribution Topics
One exposure rarely stands alone.
Property, products, transit, customer goods and business income often overlap in a wholesale or distribution account.
Want to review your current program?
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