Ideal Advantage –

  • Lowest Premiums
  • Best Product
  • Renewals from any Company
  • Quick Claim Settlement
  • 24 Hr Service Helpline
  • Timely Renewals

Consequential Losses:-

The policy operates in the event of damage to the property of the Insured due to any peril covered under Standard Fire and Special Perils Policy causing interruption to the business.

The Policy Covers

The policy is convenient and easy to understand, with easy documentation and hassle free claims service

  • Loss of Gross Profit due to a reduction in turnover
  • Increased cost of working incurred in minimizing that loss of Gross Profit
  • The basis of sum insured is the annual net profit of the business as per previous year’s accounts plus the fixed expenses.


  • Excess under material damage policy
  • All exclusions under Standard Fire and Specials Perils Policy
  • Inventory shortage
  • Loss of goodwill and market

Indemnity Period commences with the date of the damage and lasts till such time as the business is restored to its pre-damage level or the period stipulated in the policy which ever is earlier. The policy compensates for earnings lost during the Indemnity period.


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