Loss of Provit Insurance
Loss of Profit Insurance
Avoid complete standstill caused by minor interruption!
Risks coverd by property insurances might not only damage or destroy material assets (buildings, equipment, commodities), but may also lead to business interruptions which in turn can result in considerable drawbacks.
What happens, for example, if warehouse and turnover capacities as well as operational services are not available due to a fire?
First of all this means a considerable loss of profit, because most of the time fixed costs cannot be reduced simultaneously. This scenario inturn results in a significant negative impact on the business trend and subsequently on the annual results.
What is covered by the loss of profit insurance?
The loss of profit insurance indemnifies for one the loss of profit, but furthermore also consequential fixed costs. The enterprise is considered as if no business interruption had occurred.
Is your enterprise endangered or do you need information about means to protect your enterprise from financial consequences? Contact us and we’ll noncomittally check your risks with regard to “loss of profit insurance”!
Tel.: +49 89 149708-100 or REQUEST BY MAIL
Avoid complete standstill caused by minor interruption!
Risks coverd by property insurances might not only damage or destroy material assets (buildings, equipment, commodities), but may also lead to business interruptions which in turn can result in considerable drawbacks.
What happens, for example, if warehouse and turnover capacities as well as operational services are not available due to a fire?
First of all this means a considerable loss of profit, because most of the time fixed costs cannot be reduced simultaneously. This scenario inturn results in a significant negative impact on the business trend and subsequently on the annual results.
What is covered by the loss of profit insurance?
The loss of profit insurance indemnifies for one the loss of profit, but furthermore also consequential fixed costs. The enterprise is considered as if no business interruption had occurred.
Is your enterprise endangered or do you need information about means to protect your enterprise from financial consequences? Contact us and we’ll noncomittally check your risks with regard to “loss of profit insurance”!
Tel.: +49 89 149708-100 or REQUEST BY MAIL
- A company of the Aktiv AG Dienstleistungen und Beteiligungen, Munich
