Retailers without adequate insurance provision could find themselves without cover if their stock or electronic cash registers become damaged because of an electricity power cut.
With electricity consumption forecast to rise in the colder months, and with older power stations being removed from service and not replaced, the electricty supply network is going to be operating closer than ever to capacity. There is a genuine risk of short power outages.
Without adequate insurance for business interruption as well as deterioration in stocks, smaller businesses could find themselves particularly vulnerable.
The businesses are also at increased risk of theft during a power cut due to lack of light and security.
Source: Asian Trader
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