Business Interruption Insurance | All you need to know explained in plain English
The aim of this course is to provide a comprehensive analysis of the key elements of the BI policy and how BI works in practice.
We shall look at covers and policy benefits, and work on guiding clients on sums insured, maximum indemnity periods, policy clauses and claims.
After attending this course, participants should have a strong understanding of the major aspects of Business Interruption Insurance, to assist in correctly assessing clients’ needs, arranging adequate cover for them and driving forward their claims.
By attending this event, delegates will be able to identify:
- how to set a correct gross profit sum insured
- how to set an appropriate indemnity period
- how to set the correct cover for clients without stock
- the different BI extensions
- how a BI claim operates in practice
The course will be vital for all insurance broking staff , any underwriters, claims staff or loss adjusting staff working in commercial insurance and anyone studying for the CII diploma subject M93 Commercial property and business interruption.
The course will run from 9am until 3pm and lunch will be provided.
Please note that there is a charge of £50 per delegate and is open to both members & non-members but if the event becomes oversubscribed, priority will be given to members as seats are limited.
This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.
5 hours' CPD can be claimed for this event if relevant to your learning and development needs.
It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at www.cii.co.uk/cpd.