Business Income Insurance
Business Income Insurance
Having and Understanding This Coverage Can Be Essential to a Company's Survival
Advisor. Consultant. Prognosticator. Trusted friend. Today's insurance broker wears many hats while assuring that his or her client has the best protection possible. As business insurance grows more complex and the stakes get higher every day, never has this service been more crucial—or the consequences for failing to provide it, greater. This issue of Adjusting Today examines two areas in which a broker's expertise can be invaluable to a client.
Read Issue OnlineDownload PDF Issue
Key Points and Page Numbers
- Protecting the Lifeblood of a Business – 2
- Gross Profit — The basis of the coverage – 2
- Period of Interruption – 3
- Projecting sales – 3
- Deducting the Cost of Goods, Establishing Value – 4
- Considering Discontinuing Expenses – 5
- Expediting and Extra Expenses – 5
- Executive Overtime – 6
- Advanced Payments May Speed Recovery – 6
- Understanding the Coverage is Paramount – 7
- The Broker's Role in Claims Settlement –8