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The insurance of revenue for projects under construction refers to a particular class of business interruption insurance and relates to the financial consequences of a project.
The insurance of revenue for projects under construction refers to a particular class of business interruption insurance and relates to the financial consequences of a project delay due to the occurrence of a material damage event to critical equipment during shipment.
Such insurance is known by various names such as
Advanced Loss of profit
Delay in start up
Project Cargo Marine/ Consequential loss
WHY PURCHASE DSU ?
There is no legal requirement to obtain DSU insurance and so any incentive to do so arises purely from commercial or economical grounds.
DSU cover is aimed at those who invest in new projects or expansion works and who want to protect against the negative effects on the planned revenue stream caused by a delay in completion.
Banks and financiers who put up funds and loans will have an interest in DSU Cover.
