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Business Interruption Insurance
The policy is designed to reimburse an organization for loss of revenue following the occurrence of a contingent risk insured against by the fire policy.
Product Information
Summary of Cover
Required Information
How To Pay Your Premium
Summary of Cover
The consequential loss insurance is designed to reimburse an organization for loss of expected revenue following the occurrence of a contingent risk insured against by the material damage /fire policy. While the fire and special perils policy will compensate the insured for fire damage to the property, the consequential loss insurance will pay for the loss of expected profit due to the non-operation of the business due to the physical damage to the assets.
Required Information
- The indemnity period
- The projected annual “gross profit” (which should indicate the Turnover for the preceding year)
- The projected annual wage roll
- The amount to be insured for auditors fees.
How To Pay Your Premium
Premium can be paid through the following channels:
- Complete a direct debit form
- Complete a standing instruction form with your bank
- Electronic transfer from your account to our account
- Deposit into our bank account
- Please include your name and policy number on all payments.
* Please do not pay cash to/through our Financial Advisor or staff.