by IBAO
September 03, 2025
Business Interruption insurance is a vital component of protecting any business from unexpected disruptions. In this comprehensive course, we’ll cover why Business Interruption coverage is critical, dive into key terminology, and explain concepts like co-insurance, payroll considerations, exclusions, and endorsements.
In this webinar you’ll learn the seven steps to accurately calculating insurance sums for interruption coverage and how a claim is determined. By the end of this session, you’ll be prepared to confidently discuss Business Interruption coverage and navigate claims scenarios.
Objectives:
- By the end of this session, participants will be able to:
- Explain the importance of Business Interruption insurance
- Define key terms, including co-insurance, exclusions, and endorsements
- Understand payroll coverage in the context of Business Interruption policies
- Follow the seven steps to calculate accurate insurance sums for coverage
- Outline the process of calculating a Business Interruption claim
Recommended for all brokerage staff.
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