20 NOVEMBER 1926, Page 50

INSURING Loss OF PROFITS.

The Liverpool and London and Globe Insurance Company appears to be supplying what, to employ a hackneyed phrase, may be described as a long-felt want. I gather from a circular sent to me that the Company is now prepared to issue policies covering not merely the immediate material loss suffered by fire, but losses sustained by the effect of the conflagration upon the Company's business. Arrangements are made whereby the continuance of net profits can be insured and also the reimbursement of any necessary increase in cost of working incurred in the period of interruption which follows the fire. Even the payment of all continuing standing charges can under these policies be covered by insurance.

A. W. K.