DESCRIPTION
This course provides an introduction to business interruption insurance. It explains the value of this type of cover, how sums insured are agreed, and gives an understanding of policy extensions.
OBJECTIVES
At the end of this course you will be able to:
- Explain why business interruption insurance is valuable
- Demonstrate an understanding of how the sum insured is set
- Describe the extensions to policy cover that are available
- Demonstrate an understanding of how loss of profits is calculated