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Overview


Business Interruption – Insurance of Wages

2019-112
CPD Points: 1.00
Duration: 1 hr
$89.00 +GST Retail
$74.00 +GST Learning Partner

Event Detail

Different ways to insure wages (including Dual Wages) – and what is best for your clients?

If wages are to be fully insured as part of Gross Profit, then nothing further is required. Wages will be treated like any other expense and if there is a reduction after a loss, this will be deducted as a “Saving”.
For businesses that consider that it is inevitable that its wages would reduce, under various loss scenarios, current BI policies offer a number of alternative methods of insuring wages, separate from the Gross Profit item.

We will discuss:

  • The reasons why insuring wages separately should be considered?
  • The alternative options available (including Dual Wages, “x” weeks Wages).
  • How each alternative works in a claim scenario.
  • Client information that is required to assist in considering these alternatives.
  • Benefits and disadvantages with insuring Wages separately 

 


All Coming Instances

10:30a.m. - 11:30a.m., Wed, 06 Nov 2019
Registrations Close: 05 November 2019
Class Limit: 50
Presenter: Mark Anderson
Venue:
Online: For those registered by webinar the links will be sent the day prior.
 

Terms and Conditions

Discounts are available for group bookings.  Please enquire. 

The running of this workshop is subject to minimum attendees. 

No refund will be given if you do not notify us prior to the start of the event.

Full terms and conditions are available here
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