Business Interruption Basics

Training Manual Table of Contents

Section One: Fundamentals
Objective  1
Background 1
Workshop One - Problems Encountered 3
Contract Analysis  6
Section Two: Coverages
Objective 9
Loss Evaluation  9
Workshop Two - Rambo's Gourmet Foods 11
Coverage 25
Extra Expense 27
Workshop Three - Expenses for Dentist 29
Extended Business Income 32
Loss Determination 32
Coinsurance 33
Endorsements 35
Workshop Four - Coverages  39
Section Three: Loss Calculation
Objective  41
Financial Statements 43
Lost Sales Projections  44
Appendix
Workshop Five - Jake's Bar & Grill 51
Business Income Coverage Form 59
Endorsements
Extra Expense Coverage Form 67
Ordinary Payroll Limitation or Exclusion 71
Ordinance or Law - Increased Period of Restoration 72
Business Income From Dependent Properties - Broad Form 73
Off-Premises Services 75
Financial Statements 

77

B I Question Checklist 81
Average Cost of Goods Percentages 82
Glossary of Financial Terms 83
Sources of Background Information 87
Sample Income Tax Forms  93
References  103
Problem Solutions 105