MII PREMIER COURSE
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Title

BUSINESS INTERRUPTION LOSSES & PRACTICAL ISSUES

Date

22 – 23 February, 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 Per Person

Fees Category

 

LOCAL

INTERNATIONAL

Single Registration

RM 1340

USD 600

Group Registration

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


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