The Cholamandalam MS Consequential Loss Insurance policy compensates for those loss of gross profit consequent to a fire accident/peril covered in fire policy . Consequential losses must be due to reduction in turnover due to a fire accident and hence reduction in profits arising out of the business interruption, and any fixed charges which are incurred continuously.

The Cholamandalam MS Standard Fire and Special Perils Insurance policy is suitable for owners of the property or financial institutions having interest in the property. All property located at the particular premises such as buildings, plant and machinery, furniture, fixtures, fittings, stock and other content can be insured.