Aegis Insurance Broker & Cyber Risks

Loss of Profits/Downtime

Loss of Profits/Downtime

An entrepreneur not only cares about any damage or destruction of his property but also about the period of interruption of the operations of his business which will cause him additional financial damage.

This loss comes to cover a loss and profit insurance policy.

Job Interruption and Loss Insurance is a necessary and valuable tool to ensure the smooth operation of a business after the arrival of a risk.

For this insurance it is necessary to have a Property insurance policy.
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What does the Loss of Profits/Downtime Insurance cover?

• Loss of Gross Profit as a result of total or partial cessation of operations due to loss or damage to the contents and / or the building of the company due to fire, lightning and explosion of boilers or LPG cylinders used for domestic purposes for a predetermined period. (insurance period).
• payment of additional costs for limiting the interruption such as the use of renting furniture, accessories, telephones, etc.
• loss of gross profit due to earthquake, storm, thunderstorm, flood, malicious damage, rupture of water pipes or overflow of water tanks, riot, strike, collision of vehicles or aircraft, explosion, forest fire.
• for auditors' fees for preparing the necessary documents after an incident.
What does the Profit and Loss Insurance cover?
• Loss of Gross Profit as a result of total or partial cessation of operations due to loss or damage to the contents and / or the building of the company due to fire, lightning and explosion of boilers or LPG cylinders used for domestic purposes for a predetermined period. (insurance period).

• payment of additional costs for limiting the interruption such as the use of renting furniture, accessories, telephones, etc.

• loss of gross profit due to earthquake, storm, thunderstorm, flood, malicious damage, rupture of water pipes or overflow of water tanks, riot, strike, collision of vehicles or aircraft, explosion, forest fire.

• for auditors' fees for preparing the necessary documents after an incident.
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