Basically Business Interruption Again (Webinar recording)

The presenter is Sue Taylor, co-author of the Basic Business Interruption Book. She starts by explaining the Maximum Indemnity Period and then examines the impacts when a business is interrupted: 1. Revenue reduction (loss of gross profit or revenue), 2. Costs increase (increase in cost of working) and 3. Costs decrease (savings). The webinar covers turnover terminology, adjustment for trends, gross profit calculation and declaration linked policies.