- Resources & Information
This guide explains the main features of loss of profits insurance policies, looking specifically at the practical applications when a claim under this type of policy is being considered.
Topics covered include:
It also contains annexes that cover specimen policies, clauses and important cases.
Preface to the second edition
Preface to the first edition
Chapter 1. Introduction to final accounts; variable and fixed costs
Chapter 2. The insured; the business; the premises
Chapter 3. Gross profit; indemnity period; turnover; adjustments clause
Chapter 4. Rate of Gross Profit – specimen accounts and calculations
Chapter 5. Increase in cost of working; admissible additional expenditure
Chapter 6. Increase in cost of working (continued); savings in charges and expenses
Chapter 7. The sum insured - establishing the sum insured and checking adequacy
Chapter 8. Dual basis wages; cover and specimen loss calculation
Chapter 9. Salvage sales, accumulated stocks, etc
Appendix A Specimen policies and clauses
Appendix B List of cases
Appendix C Precis of cases
Appendix D Specimen accounts and chart
American Nautical Services, Inc.
3311 S Andrews Ave, Suite 11
Fort Lauderdale, FL 33316
United States of America
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