Webinar - Business Interruption: Calculating an insurable gross profit sum insured
Content and Learning
• The basic concepts of BI
• Material damage proviso
• Importance of key definitions
• Obtaining information needed for calculating a gross profit sum insured
• Understanding the report and accounts
• Fixed v variable costs
• Calculating insurable gross profit
• Formula in policy wording as a calculation
• Additions v difference basis
• Key pitfalls
• Issues causing underinsurance
CII Accredited
This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.
1 hour's 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.