Course date: 14th December 2021 9:30am – 12:30pm
This half-day workshop will provide delegates with an understanding of how a business interruption
insurance policy operates and how to correctly calculate an insurable gross profit sum insured from
accounting information; consider why the sum insured is too often incorrect, and identify the
necessary length of an indemnity period.
The workshop is aimed at those with 12 months experience of business interruption insurance, or
anyone wanting a refresher.
- How a business interruption policy provides cover – key clauses and terms
- How to use a report and accounts and a profit and loss account to calculate an insurable
gross profit sum insured.
- What cover is provided for increased costs of working
- Declaration link cover – what it is and is not
- Assessing an indemnity period
- Key cover extensions
- Understand how a business interruption policy provides cover and links to the material
- Understand how to calculate an insurable gross profit sum insured using the correct financial
information, and identify common pitfalls
- Know what factors will influence the correct length of an indemnity period
- Be aware of the key extensions found in a BI policy, and how they fit into the wording
Book your place
To secure your place on this training session, please email: email@example.com with the name(s) and email address(es) of those who are looking to attend.
Once your booking is confirmed, you will be sent a booking confirmation email and an invoice requesting payment.