Advance Loss of Profits Insurance
What you need to know
What is Advance Loss of Profits Insurance?
Advance Loss of Profits Insurance (ALOP), also referred to as delayed completion cover or delay in start up cover (DSU), covers any financial loss your business may incur as a result of a delay caused by an insured construction project.
Who needs Advance Loss of Profits Insurance?
From unpredictable weather to operational hazards to environmental issues, there's always the chance a construction project may be delayed. If a delay would impact your company’s ability to service debt and other fixed expenses or wreak havoc to your bottom line, Advance Loss of Profits Insurance is essential. The cover is most suitable for project investors, project contractors and equipment suppliers.
The Winley Insurance Group solution
If you need Advance Loss of Profits Insurance or if you just want to learn more, Winley Insurance Group can help. Advance Loss of Profits Insurance cover is available as part of a marine policy, an erection all risk policy or a contractors all risk policy.
Contact us for additional information or a quote
Our experienced team will help you obtain quality cover – tailored for your business's unique needs. Contact us at 1300 732 205 or begin our Advance Loss of Profits Insurance quote process now. Advance Loss of Profits Insurance is available for most projects Australia-wide.
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