One Business Solutions

Material Damage and Business Interruption Insurance

A high percentage of businesses fail after a claim because they do not have adequate cover arranged.

Material Damage

An interruption to your trading or damage to your property can have serious short and long term implications. A Material Damage Insurance policy is designed to cover against a number of unforeseen eventualities which could affect the day–to–day running of your business.

• Cover for Buildings, Machinery and Plant, Stock, Contents and Computer Equipment.
• Cover for Standard Cover and Property All Risks Cover.
• Extensions for Temporary Removal, Capital Additions, Professional Fees and Debris Removal Costs.

Business Interruption

Business Interruption insurance, also known as consequential loss or loss of profits insurance provides additional cover in respect of a reduction in your turnover or profit following an insured loss under the Material Damage section of your policy.

This cover can only be taken in conjunction with Material Damage and not in isolation.