Businesses can be affected by events outside of their control which do not cause physical damage to their own premises or property but which nevertheless have a negative effect on trade. Examples of this would be the knock-on effects of natural disaster, terrorism, strikes or epidemics.

Contingent Business Interruption Insurance is available to businesses worldwide on a standalone basis, with each risk considered and assessed on its own merits and terms and conditions set accordingly. Cover can be given for any potential loss faced by the Assured. This could encompass loss of profit, loss of revenue, liquidated damages and additional or increased costs of working.

Insured events that can be covered include but are not limited to the following:

• Fire and Explosion
• Strikes, Riots, Civil Commotions
• Contingent Terrorism
• Repressive and Restrictive Acts by Host Governments
• Sudden and Unforeseen Pollution and Contamination
• Epidemic and Disease
• Border Closure
• Perils of Nature, such as storm, lightning, earthquake, volcanic action, flood, weight of snow, ice or sleet
• Natural Catastrophe
• Strike Action of others
• Denial of Access
• Road Blockade
• Transport Disaster

CBI cover is specifically NOT for losses ascribable to physical damage to the Assured’s premises or property or the consequential loss arising from such physical damage.

The insurance is fully underwritten at Lloyd’s of London.