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Study 8 – Miscellaneous Business Interruption Forms

C40 – Business Interruption Insurance. Study 8 – Miscellaneous Business Interruption Forms. Study 8 – Miscellaneous Business Interruption Forms. State how an insured may cover business interruption exposures that might not be covered by standard business interruption forms

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Study 8 – Miscellaneous Business Interruption Forms

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  1. C40 – Business Interruption Insurance Study 8 – Miscellaneous Business Interruption Forms

  2. Study 8 – Miscellaneous Business Interruption Forms • State how an insured may cover business interruption exposures that might not be covered by standard business interruption forms • Describe the exposures addressed and the coverage provided by various additional forms

  3. Introduction

  4. Leasehold Interest Insurance

  5. Two Main Features • Amount of Insurance: • Amount of insurance is automatically reduced from month to month. • Pro-rata portion. • Insurer’s Liability: • The interest of the insured as lease (not exceeding 3 months). • The net leasehold interest (at a discounted rate).

  6. Contingent Business Income Extension Endorsement (IBC Form 4116)

  7. Contingent Liability From Enforcement of Building By-Laws:Additional Time Required for Rebuilding Endorsement (IBC Form 4117)

  8. Additional Increase in Cost of Operations Endorsement

  9. Inland Marine Property In Transit

  10. The End……………… • Questions????????????????? • Discussion>>>>>>>>>>>>>>>>

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