WHAT IS Material damage proviso in business interruption insurance?

1 answer

Answer

1020890

2026-04-05 20:15

+ Follow

Before a claim can be allowed, a material damage claim must be admitted. There may be circumstances when the interruption results from damage on another insurance Policy - e.g. a supplier's etc. In this case, it is imperative that the Wording is sufficient to react to 'any' material damage caused by an insured peril.

ReportLike(0ShareFavorite

Copyright © 2026 eLLeNow.com All Rights Reserved.