The Business Interruption from Sasria covers the loss of business that occurs as a result strikes, riots, civil commotion, public disorder and terrorism.
The cover is available using Standing charges, working expenses, net profit and gross profit. The Sasria SOC Ltd business interruption policy is ‘stand-alone’; there is no need for an underlying business interruption policy to be in existence. In order to effect this cover, there must be a Sasria SOC Ltd material damage cover in place. Additional increased costs of working may be insured at an additional premium, same is not available on its own.
Note: The profit cover extends to net profit only and excludes extensions. This cover is only available within the R500 million coupon at the same rate as the standing charges / working expenses.