Consequential Loss Insurance | Tokio Marine Safety Insurance Thailand

What is Consequential Loss Insurance?

Consequential Loss Insurance:

It is an insurance policy which protects against consequential losses due to interruption or interference of business due to loss or damage to your property.

It is designed to enhance a Fire Insurance Policy.

Options?

Choose among our 2 offerings:

1. Gross Profit (Difference Basis)

Vital factors for consideration

Turnover
Variable cost of the insured business

2. Gross Profit (Addition Basis)

Vital factors for consideration

Net Profit
Standing charges (fixed cost) of the insured business

How much is my premium?

Your premium may vary, depending on:

The factors are considered in accordance with Fire Insurance

Premium Rate
The gross profit
The maximum indemnity period

What we don't cover

Main Exclusion

The factors are considered in accordance with Fire Insurance

War, Civil War and any act of Terrorism
Radioactive and nuclear energy risks
The burning of property by the order of any public authority
Any perils, whichever do not cover under Fire Consequential Loss Insurance

Important information

These plans are subject to the supervision and administration of Tokio Marine Safety Insurance (Thailand) PCL by plan coverage and benefits thereof, all of which are subject to the requirements of the company. It used to be for reference only