Copy of CH3 Chapter Three Business Interruption

These questions are similar to the exam for CH3 - give them a go!

Customers in a shop put off buying due to broken glazing

Lack of stock due to theft

A change of staff

Loss of production due to a flood

Verify cover is in force

Asking the business proprietor to explain the effects on the business

Ascertaining a breach of a condition

Verifying that there is underinsurance

Additional payments beyond the material damage cover

Interim payments to aid cash flow

Payment of salraries after a material damage loss

Payments made for expenditure to avoid losses

Turnover less cost of Sales

Turnover less Sales

Turnover plus Sales at Cost

Turnover plus Sales less Net Profit

Gross Profit / Turnover

Turnover / Gross Profit X 100

Gross Profit / Turnover X 100

Turnover / Gross Profit

Displaying a sign "Businss as Usual"

Contacting customers to advise of true position to prevent rumours

Payment of overtime to staff to make up for losses

A post loss advertising campaign