Business Interruption Basics:

A One-Day Course On Real World Application
The objectives of this one-day seminar is to give participants the ability to calculate a business interruption loss and extra expenses for a small retail concern, applying the coverages available under ISO forms.
Topics Covered:
  • Definition and purpose of business interruption insurance
  • Computation of net profit and continuing expenses for the period of restoration
  • Coverage requirements and additional coverages
  • Overview of common endorsements
  • Review of a business' financial records
  • Factors that affect the insurer's ability to collect under the contract
  • Coverages -- The business interruption coverage form
  • Creating an income statement from tax records
  • Analysis of losses
  • Lost sales projections

View Training Manual Table of Contents

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