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Checklist of Issues to Review for Business Interruption Insurance

$10.00
This is a checklist of key issues for a business to review in analyzing the terms and conditions of Business Interruption Insurance.

Format: word_icon Microsoft Word

CHECKLIST OF ISSUES TO REVIEW FOR
BUSINESS-INTERRUPTION INSURANCE

    1. Is the dollar amount of the coverage sufficient?

    2. Is the insurer financially strong?

    3. Are the premium payments competitive?

    4. Is the deductible too large?

    5. Does the policy cover salaries, utilities, rent, and other operational expenses incurred while the business is interrupted?

    6. Does the policy cover lost profits?

    7. Does the policy cover expenses incurred to hasten reopening the business?

    8. Does the policy cover losses due to failure of power, light, heat, gas or other utilities?

    9. Does the policy cover interruption to the business due to fire or other casualty caused to a supplier, vendor or customer?

    10. Does the insurer have...

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