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

  1. Notify the insurer or NMB claims team about the claim as soon as possible
  2. Copy of ID (NIDA, Driving License or Voters ID)
  3. Duly signed and completed claim form
  4. Any other additional information as may be requested by insurer/NMB claims team