General Insurance

Consequential Loss

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Safeguard your business profits!

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Last updated: 16 Apr 2014
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Consequential Loss

Safeguard your business profits!

General insurance policies will only cover the costs of repairing or replacing damaged business property. But, a damaged business property or equipment means lost gross profits due to interruption to normal business operations and Xplico takes care of the huge financial burden that follows.

This policy includes protection against rental value and other standing charges that continue to accumulate in spite of stoppage of business and commissions and extra expenses you incur in maintaining normal business operations.

Note that this policy can only be taken in conjunction with a general insurance policy that covers your assets and the loss must be admissible under that policy.