Business interruption

Business Interruption covers for loss of:

Gross Profit (Turnover plus closing stock and work in progress less opening stock and work in progress and the amount of the uninsured working expenses)

or

Gross Revenue (Money paid or payable to you as fees for services rendered in the course of the business at the premises)

or

Gross Rentals (Money paid or payable to the insured by tenants in respect of accommodation and services provided at the premises)

Due to a reduction in turnover and increased cost of working (additional expenditure reasonably incurred in order to minimise any interruption or interference with the business)

Following loss or damage caused by any insured perils provided there is a valid material damage claim.