Business Interruption Compilation
This course will review Gross Earnings, Profits, Extra Expense, Contingent Business Interruption and Rental Value Forms.
One Hour CE Approved
British Columbia Saskatchewan Manitoba
Gross Earnings Form
Learn how the Gross Earnings Business Interruption form works, including its rigid earnings definition, coinsurance requirement, forward-looking limit analysis, restoration period, resumption duties, and ordinary payroll issues.
Profits Form
Learn how the Business Interruption Profits Form works, including net profit, standing charges, the average clause, ordinary payroll, indemnity periods, due diligence, building code delays, and broker placement decisions.
Misc Business Interruption Forms
Learn how Extra Expense, Rental Value, and Contingent Business Interruption coverages fill key BI gaps for businesses that must keep operating, landlords, and clients with supplier, customer, or traffic dependencies.
About the course
Business interruption insurance extends far beyond a single coverage form. This course examines the three primary Business Interruption approaches used in Canadian commercial insurance—the Gross Earnings Form, the Profits Form, and specialized Business Interruption coverages including Extra Expense, Rental Value, and Contingent Business Interruption (CBI). Learners will understand when each form is appropriate, how losses are calculated, and the critical underwriting decisions that influence claim outcomes. Particular emphasis is placed on coinsurance, standing charges, ordinary payroll, indemnity periods, dependency exposures, and selecting the coverage that best reflects a client's operations. By the end of this course, brokers will be better equipped to recommend appropriate Business Interruption solutions, document key underwriting decisions, and protect clients from costly coverage gaps.
Meet Your Instructor
For more than four decades, Todd Hochban has worked with Canadian insurance brokers, helping them better understand property and casualty insurance through practical, real-world education. As a seasoned educator, industry speaker, and course developer, he has trained thousands of brokers across Canada, translating complex insurance concepts into clear, actionable learning. Every BrokerBytes course is designed with one goal in mind: to provide practical knowledge that brokers can immediately apply in conversations with clients, underwriting submissions, and claims situations. Rather than focusing on theory alone, these lessons emphasize the issues brokers encounter every day. Whether you're new to the industry or building on years of experience, BrokerBytes delivers concise, focused learning designed for today's busy insurance professional.