Insurance against Risks of Infection in Companies

Loss of earnings

The insurance pays the actual loss of earnings due to a closure of business operations ordered by an authority, as well as the actual additional costs incurred to maintain operations for up to 90 days starting from the date on which the insured measure came into effect.

Ban on activities

Additional costs as a result of a ban on activities for persons affected in the company for up to 90 days starting from the date on which the insured measure came into effect.

Damage to goods

Indemnification of the losses resulting from the disposal or preparation of contaminated goods or of goods suspected of being contaminated. The insurance also covers goods that have already been delivered to customers, and goods from third parties. 

Additional costs

In case of an insured event, AXA also assumes the costs of cleaning and disinfecting the business and of disposing of insured property.

Losses that are not insured (examples)

• As a result of measures adopted in connection with a “special” or “exceptional” situation as defined in the Swiss Epidemics Act
• As a result of the natural spoilage of goods
• As a result of infection with pests or parasites

To which sector does Insurance against Risks of Infection in Companies apply?

• Food production and processing
• Food trade
• Gastronomy and the hotel business
• Healthcare
• Care and nursing homes
• Day nurseries

You can find additional information on the precise scope of benefits in our General Insurance Conditions for Insurance against Risks of Infection in Companies.