OVERVIEW
SCOPE OF COVER
OVERVIEW
After a major disaster, a business can take a while to recover from the after-effects or get ‘back in business. The Business Interruption / Consequential Loss coverage can help with operating expenses during this period of restoration.
SCOPE OF COVER
Business Interruption / Consequential Loss policy covers any loss and/or damage under the material damage section of the policy as follows:
- Explosion in which gas is not generated and which does not form part of any gasworks of gas used therein for illuminating or domestic purposes
- Bursting of water pipes and/or overflowing of water tanks
- Fire, lightning, earthquake, storm, tempest or floods
- Malicious damage
- Riot, strikes