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Whether you are a freelancer or self-employed - if the business is interrupted, this entails financial burdens. Business interruption insurance helps you to keep the financial loss as low as possible.

A business interruption insurance is useful if there is a risk that:

  • the business will come to a standstill due to property damage.
  • the business will come to a standstill due to the absence of a certain person (freelancers, sole traders).

What is insured?

Business interruption insurance protects you if your business comes to a standstill due to one of the following risks, for example: 

  • fire, 
  • burglary,
  • water damage,
  • storm, 
  • loss of key person due to illness or accident.

In the event of a loss, business interruption insurance covers the loss of operating profit and the cover of ongoing fixed costs such as rent, personnel, credit or loan instalments. 

Examples:

  • At night, a fire breaks out in the machine hall. The damage caused interrupts production for several months.
  • Dr M. likes to ride his bicycle. One day he overlooks a stone and falls heavily. Due to the accident, he is unable to work in his practice for eight weeks.
  • The sole proprietor K. suffers from a serious illness. He is only able to resume his work after three months.
Legal information


Bank Austria Creditanstalt Versicherungsdienst GmbH acts as an insurance broker and provides the advice. UniCredit Bank Austria AG only provides recommendations.