Business Interruption Insurance

Business Interruption Insurance

February 1, 2023

Jadwal Pelatihan Business Interruption Insurance

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COURSE OUTLINE

1. What is Business Interruption cover

  • The concept
  • “anak kandung” of property damage cover
  • Is BI cover inline with principle of indemnity?

2. When BI cover come into force,

  • The 3 claim triggers explained
  • Sample cases
  • Quick review of the commonly used policy (Munich Re)

3. What is actually the cover? How to calculate?

  • What to define? – terms defined in the policy
  • The analysis – what should be analysed
  • The formula – just execute them

4. Actual conditions that led to introduction of extension clauses

  • Suppliers’ / Customers’ premises
  • Prevention of Access Clause
  • Departmental Clause
  • Material damage proviso waiver

5. Typical problems arises when handling claim

  • Under-insurance, mismatch of cover against the business, misperception of claim triggers and coverage

6. How to set a proper Sum Insured

  • What does the policy say?
  • Actual factors to consider
  • Limitation and rules

 

METODE PELATIHAN

Pre test

Presentation

Discussion

Case Study

Post test

Evaluation

 

FASILITAS

Training Kit

Handout

Certificate

1x Lunch & 2x Coffee Break

Masker

Souvenir

Form Pre-Registrasi

Data Materi Training

Topik Training : Business Interruption Insurance
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