The Business Interruption policy, also known as Consequential Loss or Loss of Profits policy, is designed to protect financial losses due to an interruption in business caused by a peril covered under Property All Risk or Fire & Allied perils policy.
The cover is for the loss of gross profit incurred during the indemnity period as specified in the policy.
An “All Risks” policy to cover accidental loss or damage to the property subject to specified exclusions
Covers businesses against the risk of non-payment of the dues by customers
Ideal for businesses with large fleets to insure all their vehicles under one policy
Covers loss of damage to machinery due to electrical or mechanical breakdown