CONSEQUENTIAL LOSS INSURANCE
Consequential Loss Insurance
With uncertain economic climate, it is prudent to have consequential Loss insurance in place. The Loss of Profit policy (also known as business interruption cover) compensates for profits lost as a consequence of fire damage to insured property. We cover Gross profits lost and wages that continue to be paid throughout the period when the company is disrupted.
This policy is appropriate for hotels, manufacturing companies, schools, and other for-profit organizations.
We also cover for loss of rental income, revenue, and higher working costs as a result of a fire is also provided.
A portion of the claim is payable as fees incurred by auditors to document the claim.
Get in touch with us to keep your doors open.