Consequential Loss Insurance

Asset lost or damage may lead to interruption or interference with production and a subsequent reduction in revenue. Increased cost of operating may be incurred to protect or maintain production or market share. To provide financial compensation for these costs, Business Interruption (BI) insurance popularly called Consequential Loss Insurance coverage can be arranged. • Material Damage Proviso – Perils For the cover to take effect,

• Loss or damage must have occurred to physical asset
• Interruption or interference must result directly from such loss
or damage

Kindly furnish us with the following information;

• Estimated Annual Turnover
• Estimated Annual Gross Profit