Property / Business Interruption Insurance

Property Insurance protects your business against damage that may occur to its assets, such as:

• Buildings
• Improvements (e.g. false ceilings, plasterboards / partitions etc.)
• Equipment
• Machinery
• Goods

from random and unpredictable factors such as fire, earthquake, weather perils, acts of terrorism, theft, etc. There is also the possibility of insuring the Loss of Gross Profit of a business (Business Interruption cover), which may be caused by any insured risk.

The term Loss of Gross Profit reflects the amount corresponding to the fixed expenses plus the net profit that the insured business will lose, from the time of the loss until it returns to the "pre-loss" condition.

For small and medium-sized businesses, there is a wide range of insurance solutions, through “packaged” insurance products, which usually have a fairly wide and sufficient range of coverage. For larger businesses, a thorough needs analysis and know-how is needed to properly research the insurance market and find solutions that will meet the needs of each business.

STAR GROUP has long-term experience and specialized staff, capable of finding the right solutions for any type of business.