Riley on Business Interruption Insurance
Provides a full reproduction of the Act, together with annotations, to give guidance on the interpretation, implications and application of the Act in practice. This book enables practitioners to assess the scope of the Act and its implications, familiarise themselves with the changes, understand the technicalities and clarify procedure.
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12 months additional expenditure amount apply arising basis breakdown cover building building or structure business continuity plan Business Income business interruption cover business interruption insurance business interruption loss business interruption policy Cause of Loss circumstances clause Coinsurance CONSEQUENTIAL LOSS contract cost ofworking Coverage Form Covered Cause customers damage caused described premises destruction or damage dry rot earned effect estimated gross profit example excluded explosion fire fungus ifthe increase in cost incurred insured peril insured’s liability loss adjuster loss or damage loss resulting material damage proviso maximum indemnity period mitigate normal Northern Ireland occurred ofa business ofinsurance ofloss ofthe business ofwater operations Orient Express payable payment policy wording policyholder premium production rate of gross reduction in turnover reinstatement risk rot or bacteria specification standard turnover standing charges subrogated sum insured suppliers supply tion trading uninsured working expenses United Kingdom whilst