Loss of Profits Insurance
Loss of Profits is a key reason of under insurance in Australia. If your business was damaged is fire, how long would it take you to become profitable again? Would material damage insurance be enough to get you back on your feet? If you had close your business down, could you pay your debts and staff entitlements?
Restore profits you would have earned without interruption to your operations.
Payment of staff salaries and redundancy payments if employees are laid off.
Services your debt and meets payment of fixed expenses.
Increased operation expenses to maintain production.
The information supplied is of factual or general advice only and is provided to assist you to determine if this product is right for you. It does not constitute personal advice as it does not consider your personal objectives, financial situation or needs. You should consider these before acting on this information. Prior to making a financial decision you should read the relevant Policy, Product Disclosure Statement or seek professional advice.
The information in this document is provided by Business Insurance for Woman, a trading name of Lido 34 Financial Services Pty Ltd a Corporate Authorised Representative (CAR No.000325541) of General Insurance Brokers of Australia Pty Ltd ABN 94 135 132 455 AFSL342546. Business Insurance for Woman is part of GIBA, which is part of the Steadfast broker network.
