Loss incurred due to the interruption or interference with the business activities, in consequences of damage to the property insured at the premises are covered under this risk utility.
Sum Insured
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The insurance under this item is limited to loss of Gross Profit due to
(a) Reduction in turnover
(b) Increase in cost of working.
Premium
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The premium is charged in correlation with the fire policy premium rate. It will also depend on factors
like indemnity period.
