This insurance provides protection for the consequential loss of revenue resulting from interruption of your business, caused by damage incurred by unforeseen events. This policy can be taken complementary to a basic property policy like Fire and Allied Perils, Property All Risk or Machinery Breakdown.

Careful consideration needs to be given while selecting the sum insured (also known as estimated gross profit) to ensure that all necessary components have been included. The period of interruption for which the policy would pay also needs to be decided on carefully. Based on the nature of one’s' business this cover can be tailored and extended to cover customers' premises, supplier's premises etc.

For More, Please contact us