Business Interruption

You can also choose a business interruption policy that insures against loss of profit and higher costs resulting, for example, fire.

Thames Insurance Group can cover:

• Current exenses of Insured while insured activity during the interruption of business.
  Current expenses include:
• Payroll of employees and workers of Insured
• Payment to bodies of social insurance and payments similar to them;
• Rent payments (operation of premise), and also equipment and other property, which are rented by Insured for their activity if as per the conditions of the rent agreements, or hiring agreements, etc the rent payments are payable without dependence from the fact of damage or destroying of rented property;
• Taxes and duties, which are due to pay irrespective of turnover and results of their working activity;
• Interests on the credits or other involved assets, if these assets were involved for investment in that area of insured activity, which was interrupted in a consequence of commencement of material loss;
• Depreciated deductions as per the norms, established for the Insured's organization;
• Other expenses related with item "current expenses";
• Loss of as a result of business interruption.
  Loss of profit is the profit, which the Insured would have made if the Business had not suffered for example fire.