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Demo: How to Calculate a Business Interruption Claim

Watch on YouTube

In this video

  1. Set up the claim: business, history and industry
  2. Enter the loss dates and choose the cover type
  3. Paste or import the P&L. The rate is worked out for you.
  4. Policy terms: waiting period, limit, deductible, coinsurance
  5. Load 12 months of sales history
  6. Enter actual sales during the loss
  7. Mark insured costs and add extra expenses
  8. Three scenarios: Base, Conservative and Insurer View
  9. The estimate, with a range, and every step from lost sales to the claim
  10. Month-by-month breakdown, coinsurance and waiting period checks
  11. A PDF and Excel report, ready to share

The demo follows one made-up claim from setup to the finished report.

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