Business Income Profits Form – Lombard Canada Part 1

Business Income – Profits Form – Lombard Canada – Part 1

Business Income (Profits) insurance, traditionally referred to as Business
Interruption Insurance, is one of the most important and yet most widely
misunderstood of all insurance coverages.

This course is designed to provide a summary of the key clauses contained in
Lombard Canada’s Business Income (Profits Form).

Outline:

  • Coverage Analysis
  • Key Clauses (Insuring Agreements)
  • Coverage
  • Limit of Liability
  • Perils Insured
  • Exclusions
  • Measure of Recovery
  • Insured Standing Charges
  • Extensions of Coverage
  • Permission
  • Subrogation
  • Property Protection Systems
  • Special Provisions
  • Premium Adjustment Clause
  • Suspension – Objects
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