This form of insurance is also known as Business Interruption. It pays for the consequences of material damage in relation to property used for business purposes. This policy enables the insured to recover gross profit due to a reduction in turnover, as well as reasonable additional expenditure incurred in minimising the reduction in earnings.
Provide coverage for Business Interruption losses resulting from the fire policy material damage.
Commercial business owners e.g manufacturers, communication facilities, financial institutions, Educational institutions, health facilities, offices and real estate owners.