Worksheet For Declared Value On Gross Profit - ISR Policy

The following Excel Worksheet may assist to determine the Declared Value on Gross Profit under a Mark IV Industrial Special Risks (ISR) Policy.  It assumes the Payroll expense is fully insured within the Gross Profit.

Gross Profit Worksheet

The following Excel Worksheet may assist to determine the Declared Value on Gross Profit excluding the Payroll Expense and insuring the Payroll Expense under the cover available for Dual Basis Wages.

Gross Profit & Payroll Worksheet 

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Author

Published with permission of Claim Solutions Pty Ltd.

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Insurance Policy

Country: - Australia

Policy Description: - Mark IV Industrial Special Risks (ISR) Policy

Insurer: - Various

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