Consequential Insurance

General Business Insurance India

A policy that provides protection against loss of profits in business due to an interruption in business consequent upon an insured peril and claim admitted under the material damage policy.

- Loss of Gross Profit or Revenue due to Reduction in Turnover or Out put
- Increase in cost of working - The additional expenditure incurred for the purpose of
  avoiding or diminishing the Reduction in Turnover or Out put

- Extension to cover loss due to accidental failure of public electricity/ gas/ water
  supply
- Lay-off and Retrenchment Compensation and Notice Wages Liability
- Auditor's Fee
- Extension to cover Suppliers' Premises and Customers' Premises

- Quick and expert risk inspections where required
- Expert Risk Control Programme by our Risk Engineers on all aspects of safety and loss
  Prevention/ Minimization
- Superior claim service
- Option to insure selected Standing Charges
- Option to insure on alternative basis - either on turnover basis or on output basis

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