CASE 1 - Chronology

CHRONOLOGY CASE 1

Period of cover : 1^st January 2013 until 31^st December 2013

Duration of cover : 1 year

Interruption : 10^th August 2013

Interruption period : 1 month

INTERRUPTION RISK

Based on the situation of Kamelia’s Flower Shop, the interruption risk is the storm. Storm is one of the natural disaster which is covered under Consequential Loss Insurance policy.

INTERRUPTION LOSS

a)      Loss of future profit

b)      Additional expenses such as : utilities, rent, wholesale product, supplies

c)       Cost of replacement

additional expenses

loss of profit