Use and occupancy insurance

Bibliographic data

Monograph

Identifikator:: 1833269721

URN:: urn:nbn:de:zbw-retromon-221767

Document type:: Monograph

Title:: Use and occupancy insurance

Place of publication:: New York

Publisher:: The America Fore Group of Insurance Companies

Year of publication:: 1930

Scope:: 20 S

Digitisation:: 2022

Collection:: Economics Books

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TABLE No. 1 SHOWING THE OPERATIONS OF A PAST FISCAL YEAR NECESSARY FOR DETERMINING A BASIC ESTIMATE OF AMOUNT OF INSURANCE FOR THE NEXT ENSUING YEAR I. Income from Net Salesfor Fiscal Yearending Qe T3119 s\ oo 000 2. Income from other Operating Sources (if any) for same period. $____\ , Y0QO 3. Income from Net Sales and from other Operating Sources A. INCOME 1. Inventory at beginning of Fiscal Year........5_ A Nooo 2. Net Cost of Purchases during that period.........5__ 2S S00 3. Total Value to be accounted FOP... $23, N OO 4. Less Inventory at end of Fiscal Year. oo $V QA 00 5. Net Value to he accounted for at end of that period... ..3 5. Add Other Eliminations or Exclusions (if any)... Tens ’. Total Amount to be deducted from Income ...... 3. DEDUCTIONS £NoMvoo blo. voo v,\oo0 sob boo I. Actual Amount based upon experience of past Fiscal Year oon SR OO C. RAIS Jan 2. Prospective increase (or decrease) for next Fiscal Year... $1, £00 3. BASIC ESTIMATE to be adjusted by TABLE Ne. 2 or TABLE No. en 5-33 A 00 USE AND OCCUPANCY INSURANCE CHART SHOWING IN FLOW LINE THE PROPER PROCEDURE FOR DETERMINING THE AMOUNT OF INSURANCE NECESSARY FOR COMPLETE COVERAGE UNDER CURRENT FORMS This Chart has heen arranged as a flow-sheet, the operations first proceeding through the A-B-C steps to an estimated amount based upon the actual figures of a preceding year. This amount is next carried over to work-out tables for adjustment to an amount required for full insurance coverage. It will be found that the flow line method of presentation will greatly simplify explanations so often found needed in preliminary negotiations. It must be understood that the operations shown on the Chart may not bring out all factors requiring con- sideration in certain risks. Such factors, when dis~ zovered through survey or otherwise must be properly weighed and entered into the computations if found to have a bearing on the final result. Nor must it be as- sumed that the Chart has been so designed as a work-~ sheet that a scratch pad will not be required on the side. Accompanying this Chart is an Explanation of the details of its operations. The AMERICA FORE GROUP of Insurance Companies THE CONTINENTAL INSURANCE COMPANY FIDELITY-PHENIX FIRE INSURANCE COMPANY NIAGARA FIRE INSURANCE COMPANY AMERICAN EAGLE FIRE INSURANCE COMPANY FIRST AMERICAN FIRE INSURANCE COMPANY MARYLAND INSURANCE COMPANY OF DELAWARE ERNEST STURM, Chairmen of the Boards Eighty Maiden Lane. PAUL L HAID. Present =, New York,NY Tre FiDELITY AND CASUALTY COMPANY ERNEST STURM . Charman of the Board® WADE FETZER. President JEW YORK —P~ CHICAGO — SAN FRANCISCO —" DALLAS MONTREAL

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