Business interruption maximum indemnity period: why 12 months is too short

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Presented by

Damian Glynn, Director, Head of Financial Risks and Martha McGorman, Commercial Loss Adjuster, Sedgwick

About this talk

This session will cover: • Maximum Indemnity Period – the two phases of loss • Technical observations (eg do increased costs need to be incurred within the MIP?) • When the Maximum Indemnity Period begins, subsists, and ends • Why 12 months is too short, with practical examples • Consequences for brokers of inadequate Maximum Indemnity periods This session is CPD accredited.

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