Business Insurance

Consequential Loss/Business Interruption

 


Consequential Loss/Business Interruption

Your business can be severely affected by interruption or stoppage if any of your business assets are damaged by Fire or other perils. This leads to loss of revenue and can lead to total business collapse or financial ruin. To prevent such catastrophic losses it is prudent to be protected by insuring your business for Consequential Loss/Business Interruption with Tokio Marine Insurance Singapore Ltd.

A Consequential Loss/Business Interruption Policy pays for the followings:

  • Loss of Profit due to interruption as a result of Fire and other perils.
  • Extra expenses incurred to minimise dislocation and restore normal trading conditions as soon as possible.
  • Overheads which continue and must be met despite interference with trading
  • Wages/Payroll of employees who are retained during the period of interference

ENQUIRY

For more information, contact one of our following staff :

Lee Seng Wah

(65) 6325-0409

or email : leesengwah@tokiomarine.com.sg