BRIEF DESCRIPTION OF COVER
To cover loss of profits arising from damage under fire policy or Machinery breakdown policy
INFORMATION REQUIRED FOR ISSUANCE OF COVER/QUOTATION
- Amount of Gross Profit (Annual)
- Auditors fees (if are to be covered)
- The longest period anticipated the business will be interrupted following loss/damage covered under the Fire Insurance policy or machinery breakdown (Indemnity Period)
CLAIMS PROCEDURES AND DOCUMENTS REQUIRED
- Notify the insurer or NMB claims team about the claim as soon as possible
- Copy of ID (NIDA, Driving License or Voters ID)
- Duly signed and completed claim form
- Any other additional information as may be requested by insurer/NMB claims team