While Fire & Allied Perils insurance covers losses in respect of physical assets, as a consequence of this loss businesses may suffer from reduction in turnover and the subsequent loss of profits due to the interruption of their activities. Our Loss of Profit Insurance provides the solution to mitigate the losses.
This cover operates in conjunction with Fire policy or Industrial All Risks policy to cover Loss of Profit as a result of interruption in the Insureds business caused by a peril insured under Fire & Allied Perils policy or the Industrial All Risks policy.