If Mr. A
had purchased sufficient insurance coverage to protect against these
losses, his insurance policy would respond and the insurance company
would pay out an amount to settle the claim. This amount of money would
help Mr. A to pay for:
* The costs of renting a temporary place to continue his business,
* The costs of reconstructing an equivalent business premises, and
*
The costs of replacing much of the contents that were lost – e.g.
office furniture, office stationery, computers, telephones, fax
machines, photocopy machines, printers and other office equipment.