How to Set Correct Indemnity Periods on Business Interruption Policies
This one-hour webinar will examine all the different factors a client needs to take into account when setting an indemnity period. The presentation will include guiding clients who are on a Gross Profit Bi basis, a Gross Revenue or Fees basis and will also include how an Increased Cost of working only policy should deal with prospective losses over 12 months.
This webinar will enable delegates to understand:
- How Indemnity periods operate in Business interruption insurance.
- All the different factors a policyholder needs to take into account when setting an indemnity period.
- How service sector businesses on Gross Revenue or Increased Cost of Working only cover should set Business Interruption cover to deal with prospective losses.
Booking
Booking is via the Insurance Institute of Hull website:
https://cms.localinstitutes.cii.co.uk/hull/home/events/2023/how-to-set-correct-indemnity-periods-on-business-interruption-policies
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.