Claims & Loss of Profits Insurance, 2019 Edition

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Media Hardcopy
SKU IT102355
Publisher Witherby Seamanship International
ISBN 9781898195030
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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:

  • Introduction to final accounts
  • policy definitions
  • policy cover (gross profit, indemnity period, turnover, adjustments clause)
  • policy cover
  • savings in charges and expenses.

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



      Number of Pages: 152
      ISBN: 9781898195030
      Published Date: October 2019
      Binding Format: Paperback
      Book Height: 210 mm
      Book Width: 141 mm
      Weight: 0.4 kg

      R.M Walmsley

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