Instant Profits™

There’s a number of weekly Business Interruption Insurance products available …. and then there’s Instant Profits™.

With Instant Profits™:

• The ROGM is determined at the time of application of cover and amended each renewal based on the standard table or as identified by audited financials or as validated by the insured’s accountants.  This reflects that some businesses are managed more efficiently by their owner(s) and that a higher ROGM is justified.  Why should an efficient business be penalised by industry averages?

• Additional Benefits include:
  • Increased costs of working.
  • Additional increased cost of working.
  • Severance pay.
  • Expediting expenses.
  • Accounts receivable.
  • Rewriting of office records.
  • Relocation expenses.

• In addition, we’ve added several Event Benefits:
  • Claims preparation costs.
  • Re-create financial & statutory records.
  • Re-create website content & online applications.

The added Event Benefits allows the insured’s accountancy firm to be involved in substantiating the level of financial loss, plus ensuring that financial & statutory records are established and properly lodged with relevant government authorities to ensure the insured isn’t fined or penalised for non compliance.

With a growing number of firms reliant on the internet for marketing, sales conversion or simply running their business more efficiently, it’s important that this area of exposure is adequately provided for. 

By isolating additional items under both Additional Benefits & Event Benefits, it prompts the insured, along with their advisers, to more carefully consider thBy isolating additional items under both Additional Benefits & Event Benefits, it prompts the insured, along with their advisers, to more carefully consider these costs.

Insurance brokers can either (a) forward a Quotation Slip with the required information or (b) download and complete the Questionnaire.

In addition to the above, also email or mail relevant supporting documents such as property surveys that will assist us to better understand the risk. being sur attached complete t td Simply complete the ‘Online Quote’, submit and we’ll respond ASAP