Business Interruption Policy Wordings

The project focused on problems that are capable of being resolved by changes in policy wording and the report considers: gross profit, material damage, rent, declaration linked policies, damage, wide area damage, premises, denial, prevention and hindrance of access, suppliers and customers extensions, increase in cost of working, outsourcing, fines and penalties, auditors’ and accountants’ charges, time deductibles, alteration condition, maximum indemnity period, depreciation savings and claim notification.