BUSINESS INTERRUPTION OR CONSEQUENTIAL LOSS - Lambo-talk

BUSINESS INTERRUPTION OR CONSEQUENTIAL LOSS

As the title suggests, Business Interruption or Consequential Loss insurance provides financial compensation to commercial policy holders w...


As the title suggests, Business Interruption or Consequential Loss insurance provides financial compensation to commercial policy holders who suffer loss of income following damages caused by fire or other perils. Although a commercial fire policy covers such expenses as the cost of clearing debris and rebuilding premises, the replacement of machinery, equipment, stock and other types of property, it does not provide for loss of income whilst rebuilding or repairs are being carried out.


As all commercial enterprises rely on their ability to maintain an uninterrupted flow of work in order to ensure a constant level of income from which they derive their profits, Asia Insurance (Cambodia)'s Business Interruption or Consequential Loss insurance coverage, exists to provide you with a form of indemnity which will help your organization survive the difficult period during which your business activities are interrupted following a fire or other perils.

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