General Training

 

FOUNDATION COURSE IN BUSINESS INTERRUPTION INSURANCE (FCBI)

 

Key learning Outcomes

At the end of the course, participants will be able to:
•define how business interruption insurance works.
•recognize the financial statements.
•state the scope of cover in business interruption insurance including Gross Profit Specification.
•list the various forms of wages cover available in business interruption insurance.
•explain to policyholders on selecting appropriate Maximum Indemnity Period and setting appropriate sum insured.
•describe the risk consideration factors in business interruption insurance.
•explain the rating approach applicable to business interruption insurance.