Title

BUSINESS INTERRUPTION - LOSSES & PRACTICAL ISSUES

Date

25 – 26 July, 2012

Duration

2 Days

Level  

Intermediate / Advance

Time

9.00 am to 5.00 pm

Venue

Seri Pacific Hotel Kuala Lumpur
Jalan Putra
50746 Kuala Lumpur
Malaysia

Tel (603) 4042 5555
Fax (603) 4041 7236
E-mail: resv@seripacific.com
http://www.seripacifichotel.com

Trainer

1. Mr. Iun Thong Meng

Key Learning Outcomes           

Upon completion of the course, participants will be able to :

• Understand how Business Interruption insurance works.
• Assist policyholders in setting an adequate sum insured.
• Understand how business interruption losses are calculated.
• Gain a sound understanding of practical issues of business interruption losses.
• Apply the knowledge gained to help policyholders arranging business interruption insurance.
  
  

Key Course Contents

• Basic principles
• The Policy
• The Specification & defined terms
• Various forms of interruption cover
• Considerations of Maximum Indemnity Period
• Calculating the Sum Insured or Declared Amount
• Special business interruption extensions
• The insurance of wages
• Overview of Advance Loss of Profit Insurance
• The Indemnity : In Respect of Reduction in Turnover
• The Indemnity : In Respect of Increase In Cost of Working
• Practical Issues of Interruption losses
  
  
***Case Studies

Course Fee

Fees Category

LOCAL

INTERNATIONAL

Single Registration

RM 1,340

USD 600

Group Registration

20% Discount will be given to the fourth and subsequent registration