Loss or damage to business property by an insured event could interrupt the normal flow of the business leading to loss of income and potential extra expenses.

This loss of income cover will pay for the gross profit (as defined) of the business lost as a direct result of an insured event. Increased costs of working incurred as a result of attempts to get the business up-and-running again are also covered. This cover can look after potential delays in the re-start of the business.

Consideration needs to be given to the maximum time that it would take for the company to regain the level of earnings it enjoyed prior to the loss. This is the indemnity period, and in choosing this period one needs to contemplate the length of time it would take to rebuild, or re-order that piece of machinery or maybe secure new premises.