Loss of hire and business interruption
from Zoom Insurance
A lot of companies working in the construction, power, and infrastructure sector or even in the manufacturing sector in India face the risks of delay in projects due to circumstances beyond their control. Any delay in the construction or infrastructure project entails high costs for the company as there are certain fixed costs that the company will have to bear anyhow. Extended delays in the construction, power, and infrastructure projects can deal a significant blow to the liquidity of the company. If you are working in the construction, power, and infrastructure or manufacturing sector and want to safeguard your project against any such losses due to delays caused to the operation of marine perils, you need to opt for a Marine Loss of Profit insurance. Marine loss of profit insurance safeguards the insured company against losses in the event of delays on account of transit risks. It seeks to indemnify the Insured to the extent of future gross profit that has been affected on account of the damage to cargo due to the operation of the marine peril.
Scope of our services.
At Zoom Insurance Brokers, we are one of the most prominent insurance brokers in India, offering customised loss of profit and transit risk insurance services for our clients. Over the years, we have acquired an in-depth understanding of the market both from an underwriting perspective but a claims perspective as well and are thus are in an unparalleled position to get the best deals for our clients from the leading insurance companies of India. Our placement team members work in close collaboration with your organisations to understand your specific requirements and then create the most comprehensive insurance MLOP plan for your company. This can be both tied in with your other construction-related insurances or on a stand-alone basis as well. We also offer complete assistance during the claim filing and settlement process.
