In terms of Business interruption insurance, the gross profit sum insured can be calculated on the following basis: 1 Net profit less standing charges. 2 Turnover plus closing stock, minus opening...

In terms of Business interruption insurance, the gross profit sum insured can be calculated on the following basis:

1. 
   

   1  Net profit less standing charges.

   
   


2. 
   

   2  Turnover plus closing stock, minus opening stock.

   
   


3. 
   

   3  Net profit plus standing charges.

   
   


4. 
   

   4  Turnover plus standing charges.