Income and Other Financial Exposures

Account Receivable
Account Receivable
Loss due to irrecoverable debts following destruction or theft of debtors’ records.

 

Advance Consequential Loss
Advance Consequential Loss
Loss of future earnings and increased expenses following delayed completion of a project caused by damage.

 

Audit & Invenstigation
Audit & Invenstigation
Expenses due to unexpected audits required by any statutory body, including Kenya Revenue Authority.

 

Bonds
Bonds
Performance and security guarantees (an alternative to bank guarantees).

 

Business Interruption
Business Interruption
Loss of income and increased expenses due to damage to property.

 

Cancellation & Abandonment
Cancellation & Abandonment
Loss of income and additional expenses incurred due to occurrences such as adverse weather conditions or non appearance of performers..

 

Commercial Legal Expenses
Commercial Legal Expenses
Reimbursement of legal costs in defending or pursuing legal action (civil and statutory)..

 

Computer Breakdown Profits
Computer Breakdown Profits
Loss of income and increased expenses following mechanical or electronic breakdown of computer equipment.

 

Computer Crime
Computer Crime
Loss of funds following tampering with computer systems.

 

Credit Insurance
Credit Insurance
Protection for insured debts following insolvency of a debtor.

 

Export Credit
Export Credit
Provides exporters with cover for default by customers or default due to political interference.

 

Fidelity Guarantee
Fidelity Guarantee
Losses due to the dishonesty of employees.

 

Intellectual Property
Intellectual Property
Legal expenses incurred to defend patent, trademark, copyright etc.

 

Machine Breakdown Profits
Machine Breakdown Profits
Loss of income and increased expenses following breakdown of key plant and equipment.

 

Marine Profits
Marine Profits
Loss of income and increased expenses following marine transit material damage claims.

 

Money
Money
Loss or damage to cash, cheques, negotiable instruments.

 

Product Tamper
Product Tamper
Loss of net profit, recall and other expenses following product tampering.

 

Strike
Strike
Additional expenses incurred following labor disturbances.

 

Takeover Defence
Takeover Defence
Expenses to successfully defend a takeover of a public company.