This webinar is brought to you by Assurance University.
Manufacturing Operation Temporarily Shut Down? There's an App for That!
When manufacturing business operations are temporarily shut down due to loss resulting from a natural disaster, fire or other risk, many will never fully recover. Aside from proper disaster planning, there are insurance products which offer protection such as Business Interruption coverage. For many businesses, this particular coverage is commonly misunderstood, which can lead to gaps in coverage and potential financial ruin. Don't miss this informative webinar to ensure you're protected when you need to be.
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Understand what Business Interruption coverage is, how it is triggered and why it's important to the manufacturing industry
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Explore the claim handling process including the use of a forensic accountant, what the insurance company will require and how they will evaluate your claim
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Learn the guidelines on how to assess the appropriate period of restoration and factors that can alter it
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Discover the key components surrounding the measurement of business interruption losses including sales/revenue trend, cost of goods sold and additional fixed and variable expenses including payroll