business income worksheet
A form used to estimate an organization's annual business income for the
upcoming 12-month period, for purposes of selecting a business income limit
of insurance. The selected percentage, or multiple, of the organization's estimated
annual business income for the upcoming 12-month period should be based on how
long it would take to replace all damaged property and resume operations in
the event of a worst-case loss. For some organizations, this period could
exceed 12 months. Most insurers require a completed business income worksheet
as a condition of activating the business income agreed value coverage option.
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