Business Interruption Basics

Section One: Fundamentals
Objective	1
Background	1
Workshop One - Problems Encountered	3
Contract Analysis	6
Section Two: Coverages
Objective	9
Loss Evaluation	9
Workshop Two - Rambo's Gourmet Foods	11
Coverage	25
Extra Expense	27
Workshop Three - Expenses for Dentist	29
Extended Business Income	32
Loss Determination	32
Coinsurance	33
Endorsements	35
Workshop Four - Coverages	39
Section Three: Loss Calculation
Objective	41
Financial Statements	43
Lost Sales Projections	44
Appendix
Workshop Five - Jake's Bar & Grill	51
Business Income Coverage Form	59
Endorsements
Extra Expense Coverage Form	67
Ordinary Payroll Limitation or Exclusion	71
Ordinance or Law - Increased Period of Restoration	72
Business Income From Dependent Properties - Broad Form	73
Off-Premises Services	75
Financial Statements	77
B I Question Checklist	81
Average Cost of Goods Percentages	82
Glossary of Financial Terms	83
Sources of Background Information	87
Sample Income Tax Forms	93
References	103
Problem Solutions	105