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.
All care is taken to ensure the information contained on this site is correct. As products, your circumstances and laws are constantly changing we cannot guarantee the information contained on this is site is correct. This advice is general advice only and does not take into account your individual objectives, financial situation or needs (“your personal circumstances” ). Before using this advice to decide whether to purchase the insurance policy, you should consider your personal circumstances and the relevant Product Disclosure Statement available.
