mpique_logo

Loss of profits

Loss of Profit is perhaps the coverage that truly guarantees the continuity and viability of the company. On many occasions, the interruption is even more damaging than the loss itself.

What would happen if a company's production was paralyzed by a fire in key machinery?

01.

The fire itself could be solved in a matter of hours and the cost of replacement may not be too high. However, the replacement and retrofitting of the machine could take up to 30 days, during which time we would be paralyzed.

02.

The immediate effect is a decrease in sales, which leads to pressure on cash flow to meet fixed costs, which, regardless of the interruption, are still there. At the same time, net profit is also reduced.

For this reason, it is critical to analyze on a case-by-case basis the risk to which it is exposed and the economic damage it may entail.

Reasons for which a business interruption may occur:

  • Basic Warranties (Fire, Lightning and Explosion).
  • Extended Warranties (Atmospheric, Vandalism, Vehicle Impact).
  • Electrical Damage.
  • Key Machinery Breakdown.
  • Theft.
  • Impossibility of access.
  • Lack of supply.
  • Supplier or Customer Claims.

We can help you!

Contact us at our nearest office or send us your inquiry through our contact form.

Request for information

Recommended insurance

Vehicle fleets

If you have a large number of vehicles in your company, we offer you the possibility of contracting a fleet policy, being able to give each one the coverage adapted to its specific needs.

Transportation

We know that your goods and/or products that you have in your warehouse are well controlled, well stowed and covered by a multi-risk insurance. However, do you know if they arrive correctly and in good condition to your customer? Do you know what mechanisms exist to cover these transports?

Environmental Liability

In 2007, Law 26/2007 of October 23, 2007 on Environmental Responsibility was created with the aim of regulating the responsibility of operators to prevent, avoid and repair environmental damage in accordance with Article 45 of the Constitution and with the principles of “the polluter pays and repairs”.

General Liability

Every business activity involves assuming certain liability risks with respect to third parties. Be it for the ownership of an asset, for a service rendered or for a product supplied. In the latter case, Product Recall Expenses coverage comes into play. Without it, the consequences for the company’s image and economic situation can be very serious.
Back to all insurances
AIG

Multiriesgo

902 012 476

Cyberiesgo

914 381 284