Covers the loss of income during the business interruption period due to loss or
damage to your property. This policy is only provided along with a
property insurance.
What can be insured?
Loss of gross profit
Standing charges
Increased cost of working
Perils Covered:
Fire
Lightning
Explosion
Riot and Strike
Malicious damage
Flood
Damage/Loss due to bursting or overflowing of water tanks, apparatus or pipes
1. Insured should make sure that you take all necessary action to minimize
the losses.
2. In the event of a fire, a collision involving a third party, burglary/theft or
malicious damage claim, you must notify the police as soon as possible
and obtain a police report.
3. Repair works should be carried out with our approval.
4. All damaged items should be preserved for inspection
