Do the words Business Interruption Insurance cause you to shiver?

Limited capacity for this in-person workshop!

Business Interruption is an important type of insurance that can be perceived as highly technical requiring years of study and many questions tend to be left unanswered. Through the use of simple numerical examples, this seminar will provide you the tools and confidence you need to understand the concepts and methodology relating to a business interruption loss. Participants will be arranged in small groups for calculation exercises. SEMINAR OBJECTIVES • Understand business income, profits, earnings, and co-insurance • Identify warning signs • Review income statements and obtain the additional information required • Determine loss of sales and calculate profits/earnings as defined • Discuss increase in cost of working and saved expenses • Determine variable and fixed costs and their impact • Discuss ordinary payroll options and payroll coverage issues • Calculate a loss FEES (membership required) $135 IIBC Member - includes Continental Breakfast +$90.00 Insurance Institute membership for New Members (membership exp May 31, 2026 ) CONTINUING EDUCATION CREDITS: 3 Technical CE Credit (BC) Please be aware that tardy arrival or early departure to/from the presentation will preclude IIBC from issuing a CE certificate for this education session. * If you require CE credits for licensing renewal requirements in provinces other than BC, please check with you provincial licensing regulator for validity. Cancellation Policy: No refunds. Participant substitutions accepted up to 24 hours prior to webinar (substitute must be current member). IIBC reserves the right to canAcel the webinar due to unforeseen circumstances. QUESTIONS? Winnie Hon, CIP , Seminars & Events Specialist Insurance Institute of BC E: whon@insuranceinstitute.ca T: 604.678.5747