Loss of Profits
Does your profession involve offering services or advice to others? If yes, then you might want to get professional indemnity insurance.
Why choose Covenant Insurance Brokers?
Why do you need loss of profits insurance?
The policy operates in the event of a fire causing a loss in profit of the insured and interruption to the business. This policy covers the balance sheet from becoming adverse from the interruption to business.
Possible losses include loss to gross and net profit and to standing charges.
- Political risk
- Natural Disasters
- A loss that is not admissible under fire policy