Property & Business Interruption Insurance: Protecting Business Continuity  | MIBL
                     Property Insurance and 
Business Interruption Cover 
in 2026
Physical damage cover restores the asset. Business interruption insurance restores the income the 
asset was earning.
Mahindra Insurance Brokers Limited
A Mahindra Group Company  |  September 2026
Climate loss is reshaping property underwriting
Capacity is becoming selective, and the protection gap keeps widening.
USD 116 
20.2% USD 26 trn
bn
Global protection gap in 2025 — USD 224 Share of India's general insurance gross Value of Indian property exposed to 
billion of economic natural hazard loss written premium held by property natural catastrophe perils, according to 
against USD 108 billion insured. insurance in 2025. Swiss Re's 2026 market analysis.
! After a flood or fire, the repair bill is usually the smaller number. The larger loss is the weeks of stalled production, missed contracts 
and fixed costs that keep running.
Sources: Munich Re via Commercial Insurance Global Market Outlook 2026-2031; GlobalData (May 2026); Swiss Re (January 2026).
How the two covers work together
Property insurance and business interruption insurance are bought together for a reason.
1 Property insurance 2 Business interruption
Covers buildings, plant, machinery, stock and contents against Replaces gross profit lost while operations are suspended, and 
fire, flood, storm, earthquake, riot and allied perils. pays the standing charges that continue regardless.
3 Indemnity period 4 Contingent business interruption
The length of time BI will pay for. Underestimating it is the Extends cover to losses caused by damage at a supplier's or 
single most common shortfall at claim stage. key customer's premises rather than your own.
A twelve-month indemnity period rarely reflects real recovery time when machinery is imported or approvals are needed to restart.
Post-monsoon property review checklist
September is the natural point to reassess values and wordings after the rains.
Revalue on reinstatement, not book value
1
Depreciated book values leave you short. Property should be insured at the cost to rebuild or How MIBL protects your 
replace today. assets and income
Recalculate the BI gross profit figure
2
Use current turnover and cost structure, and declare it accurately to avoid under-insurance • Site risk surveys and valuation support
penalties.
• Property and BI programme design
Stress-test the indemnity period
3 • Natural catastrophe exposure review
Ask how long a full restart would really take, including equipment lead times, approvals and 
customer win-back. • Wording, sub-limit and deductible 
negotiation
Map your single points of failure
4 • Loss quantification and claims handling
One supplier, one warehouse or one utility connection often carries far more of your revenue 
than the balance sheet shows.
Property and BI sit alongside marine, liability, cyber and engineering covers within a full commercial line insurance programme.
Reach Us
Mahindra Insurance Brokers Limited (A Mahindra Group Company)
Address
Phone: +91-22-66423800
Unit-202, A-Wing, 2nd Floor, Amiti Building,
Agastya Corporate Park, Kamani Junction,
LBS Marg, Kurla West,
www.mahindrainsurancebrokers.com
Mumbai - 400070
Request a property and business interruption review to check whether your declared values and indemnity period still hold.
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