Having established a valid claim, this module is ideal for those that want to learn basic terminology and the framework used in determining a Business Interruption loss.
The Indemnity Period is not the period during which a business suffers a loss, but rather the period during which the business is affected, including any period where initial losses are subject to "clawback".
The Declared Value or Sum Insured should reflect the Maximum Indemnity Period that is selected.
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