Section-III Principal's Advance Loss Of Profits

Any existing plant or surrounding property in the proposer’s possession or care, custody or control on the above site(s) or adjacent to it (them) ?

Can damage to existing structures and/or surrounding property, caused by the construction work

The intended business or service activities, making special mention of bottlenecks

Has the method of production or services been previously employed by the proposer?

Per day Number of hours

Per day Number of shifts

Per week – Number of hours

Per year – Number of days

Anticipated gross profit (annual turnover less costs of supplies of goods, raw materials, electricity, water, gas, etc.) for the first year of operation

In the event that a specific date of completion is not met, is any one-off loss likely to arise?

Desired time excess (maximum one week per 6 months of construction period)(in weeks)

Power Generation details:

Display Note: This question is only in respect of power generation equipment at the project to be insured supplying power to this project and is only to be answered if electricity can be drawn from the public power network in the event of damage to the power generation equipment at the project to be insured.

Is the additional expenditure caused by using external power supply to be insured?

Power requirements of the plant (kW, kWh p.a.)

Annual maximum demand charges

Costs of kWh of power drawn from

Own plant

External plant

To what extent (kW) may electricity be drawn from an external source?

What is the maximum demand charge per kW and within which period is it due?

Percentage of the requirements met by the plant’s own power generation equipment

Anticipated date of completion (handover following a possible testing period)

Scheduled date of commencement of insured business

At which date after completion of the project (and a possible testing period) is full production to be reached?

What allowance exists for delays due to accidents or otherwise?
Note: Please attach time schedule giving the phasing of the work (date of arrival on site, site installation, main works, occupation, handover) regarding all sections and major items

In what intervals will you be able to present the progress report (in months)?

Section-III Principal's Advance Loss Of Profits Quotation

Personal Details

Insurance Cover Period

Brief description of construction works to be carried out:

Describe in brief:

Intended normal working hours:

Risk details:

Power Generation details:

Time-related information: