Business Interruption

There are various types of business interruption insurance that go by different names in different countries.

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U.K.

U.K. – BUSINESS INCOME INSURANCE

“Difference basis” “profits form” – (From AXA U.K. site) EXPLANATION OF COVERAGE.

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Canada

The following are the options in Canada which are used by IBC member companies. Many companies use their own forms which are based on older IBC versions of these forms including “Profits” and “Gross Earnings” forms (No co-insurance earnings, Gross earnings mercantile and Gross earnings manufacturing).

IBC 4106A       Business Income (Named Perils)
IBC 4106B       Business Income (Broad Form)
IBC 4107A       Extended Business Income (Named Perils)
IBC 4107B       Extended Business Income (Broad Form)

IBC 4108A       Rental Income (Named Perils)
IBC 4108B       Rental Income (Broad Form)

IBC 4109A       Extended Rental Income (Named Perils)
IBC 4109B       Extended Rental Income (Broad Form)
IBC 4110A       Extra Expense (Named Perils)
IBC 4110B       Extra Expense (Broad Form)
IBC 4116       Contingent Business Income Extension Endorsement
IBC 4117       Contingent Liability From Enforcement of Building By-laws: Additional Time Required for Rebuilding Endorsement

Insurance Sources
(General – Not necessarily accessible by TCIM)

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