Consequential Loss/Business Interruption

COVER:    Loss in Profits due to-Reduction in turnover or increase in cost f working to maintain turnover as a Result of any admitted claim under current fire Insurance. Cover is to replace loss of income due to resultant damage.

Limits of insurance:
  • Gross profit including wages –
  • Audit fees for claim Preparation
  • Period of Indemnity 
Following extras can be included
  1. Departmental clause
  2. Alteration index clause
  3. Salvage clause
  4. Accumulation of stock
  5. Public utilities
  6. Accountants clause
  7. Payment on account
  8. Minimum retention 50% – Rebate clause
  9. Denial of access
  10. 25% Business increase
  11. Difference in wording
  12. Goods sold and services rendered elsewhere
  13. Customer/supplier clause
  14. Reinstatement of loss
  15. Subrogation waiver clause
  16. Deletion of average
  17. Prevention of access.

Claims Procedure

  • Claim Forms
  • Accounting records
  • Stock Records
  • Police records
  • Full statement of circumstances from relevant persons
  • Obtain claim reference number and confirm cover in the policy

downloadDownload the Consequential Loss/Business interruption proposal form here

download Sarchi Miscellaneous Claim Form


Consequential Loss - Business Interruption