insuropedia

Table of Contents - Business Interruption

Overview

 

Business Interruption Insurance - Why Is It Necessary?
Business Interruption & 15 Often Missed Tips 
Business Interruption from Burglary
Characteristics of a Hard Market

 
Loss of Gross Profit

 

Declared Value on Gross Profit
Gross Profit Versus Gross Revenue
Uninsured Working Expenses

New York Explosion 18 July 2007 - Case Study

 
Loss of Payroll

 

Payroll

 
Increase in Costs of Working

 

Increase In Cost of Working
Additional Financing Costs

 
Additional Increase in Cost of Working 

 

Claim Preparation Costs 

 

Claim Preparation Costs - Business Interruption & Property
Choosing a Claim Preparer
Benefits of Appointing a Claim Preparer

 

Extensions

 

Accumulated Stocks & Business Interruption

Prevention of Access and Public Utility Extensions - Case Study
Melbourne Windstorm 2 April 2008 - Public Utility Extension
Western Australia Gas Disruption & Public Utility Exension

 
Conditions

 

Notification of Claims
Progress Payments - Importance Of
Standard of Proof
Termination of Cover

Memoranda

Departmental Clause - Business Interruption
Premium Adjustment Clause - Business Interruption & Property


Endorsements
 

Customer's & Suppliers' Premises Endorsement
   Western Australia Gas Disruption & Suppliers Premises Endorsement
General Area Damage
Infectious Diseases, Bird Flu & Business Interruption

Prevention of Access and Public Utility Extensions - Case Study 
 

Claims
 

Bushfires and the Industrial Special Risks Policy
Conflict of Interest
Evacuation from Flood 
Historic Buildings and Claims for Property Damage and Business Interruption
Hotels and Claims for Property Damage and Business Interruption
Importance of Communication
Property & Business Interruption Claims from the Policyholder's Perspective
Shopping Complexes - Property Damage and Business Interruption
The Parties to a Property and Business Interruption Insurance Claim

New York Explosion 18 July 2007 - Case Study

Australian Equine Flu - 24 August 2007
Melbourne Windstorm 2 April 2008 - Insurance Response

  
Underinsurance 

 

Underinsurance - Business Interruption and Property
Underinsurance Clause - Business Interruption and Property
Underinsurance on Business Interruption and How To Avoid It
Underinsurance - When Can it be Tested?
Underinsurance - Using the Business Interruption Cover Wisely
Other
Consideration of Excesses and Deductibles
Maximum Indemnity Period - Anatomy Of
Maximum Indemnity Period - How Long Should it Be?
Opportunity From Adversity
Privacy Act (Cth) - Amended in 2001
Reserves - Importance for Accuracy
Sales Trends and Business Interruption
SARS & Business Interruption
Schedule of Insurance - Checklist for Accuracy
Terrorism Insurance Act 2003
Time Deductible
Uninsured Business Interruption Losses
Business Interruption Calculator Worksheets

Worksheet for Declared Value on Gross Profit - Mark IV Industrial Special Risks (ISR)
Worksheet for Declared Value on Gross Profit excluding Payroll and Worksheet for Declared Value on Payroll under the Dual Basis Payroll cover - Mark IV Industrial Special Risks (ISR)
Worksheet for Sum Insured on Gross Income - QBE BusinessPack Policy
Worksheet for Sum Insured On Gross Income and Payroll - CGU Business Insurance Policy
Worksheet for Sum Insured on Gross Profit - GIO Trade Insurance Policy
Worksheet for Sum Insured on Trading Profit - Lumley Commercial Business Policy
Worksheet for Sum Insured on Gross Profit - GIO Business Insurance Policy
Worksheet for Sum Insured on Gross Revenue - Suncorp Smart Choice Insurance Policy

Extracts from Mark IV Industrial Special Risks Policy

Adjustment of Premium Clause
Departmental Clause
Operative Clause
Basis of Settlement On Accumulated Stocks
Basis of Settlement on Additional Increase in Cost of Working
Basis of Settlement on Claim Preparation Costs
Basis of Settlement on Gross Profit
Basis of Settlement on Payroll (Dual Basis Wages)
Definition of Annual Turnover
Definition of Gross Profit
Definition of Rate of Gross Profit
Definition of Indemnity Period
Definition of Payroll
Definition of Rate of Payroll
Definition of Shortage of Turnover
Definition of Standard Turnover
Definition of Turnover
Progress Payments
Public Utilities Extension
Salvage Sale Clause
Termination of Cover Under Section 2

 

 

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Last Modified 2008-07-05