Business
Catastrophe
Insurance
in
Ravenna
and
Kent,
OH
Business
catastrophe
insurance
is
an
additional
level
of
coverage
that
goes
above
and
beyond
the
standard
business
policy
most
small
and
medium-sized
companies
have.
As
a
business
owner,
you
want
to
be
absolutely
sure
that
your
investments
are
protected
in
case
of
unforeseen
calamity—nobody
wants
to
see
all
of
their
hard
work
destroyed
by
fire,
theft,
or
anything
else.
However,
every
policy
has
its
limits,
and
if
the
damage
to
your
business
is
so
severe
that
it
exceeds
the
limits
of
your
current
business
or
property
coverage,
you'll
be
expected
to
pay
the
difference
yourself.
Business
Catastrophe
Insurance
Features
Business
catastrophe
insurance
comes
into
play
to
prevent
you
from
having
to
pay
the
excessive
cost
of
a
catastrophic
loss.
If
you
exceed
the
normal
limits
and
the
claim
is
for
a
qualifying
event,
this
coverage
will
provide
an
additional
level
of
protection
and
reduce
or
eliminate
the
portion
of
the
claim
that
you
would
otherwise
have
to
pay
out
of
your
own
pocket.
Here
are
the
important
things
to
know
about
this
policy:
-
Business
catastrophe
insurance
coverage
amounts
are
proportional
to
individual
business
types
and
indemnity
periods.
Most
companies
purchase
this
policy
and
get
at
least
one
million
dollars
of
coverage,
just
to
be
absolutely
sure
they
have
the
protection
they
need
if
something
goes
extraordinarily
wrong.
Sometimes
these
extraordinary
situations
can
arise
due
to
the
nature
of
a
certain
business,
or
because
of
a
freak
accident
or
natural
disaster.
One
of
our
agents
can
help
you
determine
an
appropriate
coverage
length
and
amount.
-
This
coverage
may
protect
you
from
things
your
normal
policies
do
not.
While
the
specifics
depend
on
the
plan
you
get,
business
catastrophe
insurance
is
usually
offered
as
an
umbrella
policy
that
can
cover
almost
anything
that
might
occur.
-
This
is
the
last
resort,
not
the
first.
If
a
claim
is
covered
by
your
normal
policy
and
doesn't
exceed
those
limits,
your
business
catastrophe
policy
will
not
be
utilized.
Its
main
purpose
is
protecting
you
against
particularly
large
claims,
just
in
case
something
goes
wrong
and
you
truly
need
the
extra
protection.
For
more
information
about
business
catastrophe
insurance,
give
BK
Insurance
&
Financial
Services,
Inc.
a
call
today.