Business Income Insurance Q&A
Business Income Insurance Q&A
Answering Tough Questions on Complex Coverage
Business Income Insurance following a disaster can be critical to an organizations survival. A previous Adjusting Today business income article generated a steady flow of questions; six of which are answered in this issue by the author Paul Dudey, CPCU.
Key Points and Page Numbers
- Selling Price basis vs. ordinary BI? – 2
- What if the business is losing money? – 2
- What about start up or research and dev-costs? – 2
- What if a supplier or customer is shut down by a disaster? – 2
- How can BI values keep with inflation? – 3
- How broad is Civil Authority coverage? Is the period covered long enough? – 4
- Obtaining the Proper Coverage – 4