This course provides an introduction to the principles and practices of business interruption insurance. It explores the aspects which need to be understood by those involved in providing basic technical or administrative services.
What you will learn
At the end of this course you will be able to:
Recognise some of the problems in handling this class of business
Understand the basic factors that will affect the setting of a correctly forecasted estimate or sum insured for gross profit, revenue and fees cover
Identify the main features of a risk that will influence an underwriter in their assessment of acceptance of cover