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Business Interruption Insurance (Loss of Profit Following Property products)
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Erection All Risks/ Compulsory Erection All Risks
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Machinery Breakdown/ Machinery including Boiler Pressure Vessel
Loss of Profit following Machinery Breakdown
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Products
Property
Business Interruption Insurance (Loss of Profit Following Property products)
Business Interruption Insurance (Loss of Profit Following Property products)
Interest Insured
Gross Profit
Net Profit
Revenue
Rent Receivable
Insured Standing Charges
Who Needs To Buy
Manufacturing Factory
Office Building
Resident Building
Department store, Trading Center, Market, Supermarket
Warehouse
Hotels, Restaurant
School
Hospital
Cinema, Thearter, Theme park, Zoo...
Musium, Library, Excibition hall, Bookstore....
Stadium, Hall, Event center
Airport, Train station, Metro station...
And who required to buy Compulsory Fire and Explosion Insurance
Scope Of Cover/ Insured Perils
Covering to Financial Loss resulting from interruption of or interference with the business, and caused by loss, damage, or destruction to real or personal property by a peril insured against the Property Damage under Property Insurance Policy
Rating
Depended on the Insured's:
Business activity
Operation Structure
Risk Management
Loss History
Deductible
Period of Indemnity
Reserve facilities and spare parts
Financial Report
Market Condition
Requested Document
Proposal Form/ Application Form
Detailed specification for the Sum Insured (which costs are insured)
Business License / Investment License
A statement of profit and loss / a statement of manufacturing cost / Balance sheet (for BI loss calculation)
Loan/ Leased/ Mortgage contract(s)