Work out insurable gross profit and the business interruption sum insured – and check you are not underinsured
Secure checkout. Your file is ready in your client portal as soon as payment clears.
Business interruption insurance pays the gross profit you lose, and extra costs you incur, after insured damage such as a fire or flood. Many businesses are underinsured because the sum insured is based on accounts gross profit, does not allow for growth, or the indemnity period is too short. If you are underinsured and the policy applies "average", every claim is reduced in proportion.
See how it works
The sheets you will use most, in the order you will use them – shown with the sample data every workbook comes with.
Step 1
Turnover, cost of sales and the costs that would stop if you stopped trading. What you do: enter from your accounts.
Step 2
Renewal date, indemnity period, growth and current cover. What you do: fill in once a year.
Step 3
How to choose the indemnity period and what average means. What you do: read before renewal.
Step 4
Who it is for
Quick start
Your file is only released to your client portal once payment has cleared.
You are taken to our secure checkout.
Checkout takes a minute and you get a receipt by email.
Your file is ready in your client portal as soon as payment clears, and we email you your invoice with a link to the portal.
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Part of AML Finance Group
Our sister firm, AML Accountancy Solutions, is an award-winning accountancy practice helping businesses and individuals across the UK with their accounts, tax, bookkeeping and payroll.
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