Machinery Loss of Profit is a suitable means of meeting the increased need on the part of the industry for comprehensive tailor made insurance protection from the consequences of business interruption.
MLOP Insurance cover provides cover for the actual loss of profits sustained as a result of a business interruption caused by material damage indemnifiable under Machinery Insurance.
If the loss is admitted under Machinery Insurance, MLOP will trigger subject to availability of cover.
Indemnity period is the maximum time for which the insurer is liable for the loss of profit.
