Engineering Business Interruption Insurance
Zurich Engineering Business Interruption Insurance is designed to provide cover for losses arising from interruption or interference to the business following Plant or Equipment failure and works in conjunction with the Zurich Engineering Plant Insurance or Zurich Electronic Insurance Policies, to protect profits that would be affected by Insured Damage.
Cover is provided by three items, which are detailed in the policy document:
- Loss of gross profit
- Reduction in turnover
- Increased cost of working
- Payroll (period basis).
The policy can be endorsed to cover payroll (dual basis) if and when required.