Introductory and Advanced Business Interruption Seminars
These seminars range from 1 to 3 hours, depending on the questions and time taken for the case studies. This seminar improves understanding of how various wordings apply to different businesses and operations and gain insight into how coverage applies in practice. Through the use of problem based learning and numerical examples this seminar provides a practical understanding of business interruption insurance including the following:
- Determining loss of sales
- Numerical examples Calculating profits, earnings and business income as defined
- Expenses to reduce the loss and increased cost of operations including expense savings
- Rental property coverage with a loss calculation example
- Application of Co-insurance
- Extra Expense and other wordings
- Ordinary payroll options and payroll coverage issues
