Loss Of Profits (Consequential Loss) Policy

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Loss Of Profits (Consequential Loss) Policy
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The Consequential Loss (fire) policy covers Loss of Gross Profit and/or increase in cost of working due to reduction in turnover/output due to operation of peril covered in the Standard Fire & Special Perils Policy.

Coverage Includes

  • Loss of Net Trading Profit
  • Standing Charges
  • Loss in Respect of Wages other than those covered by the Standing Charges
  • Increased Cost of Working
  • Auditor's Fees

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