Time Element
Time element coverages can be complicated. How is coverage triggered? Is there coverage for the expenses incurred to get the business up and running? What do you mean, there's a 72-hour "deductible"? How's that work?
These classes will help you to navigate the difficulties of business income and extra expense coverages.
Learn to advise your clients about these topics.
- How to select a coverage limit for business income and extra expense.
- Ways to deal with the coinsurance requirement (and options) on a business income policy.
- Insureds that need business income and extra expense coverages and those that might not.
Business Income Limits and Coinsurance
If only you could just always get that 24 month actual loss sustained, right?
It doesn't always go that way and we are well aware of that.
Join us as Academy Director, Patrick Wraight brings a quick session about setting business income and extra expense limits and dealing with coinsurance in business income.
Waiting on the Grand Reopening: Business Income Essentials
Business Income insurance is potentially more important to a business reopening after a property loss than the coverage for the building or business personal property. Join us as Academy Director, Patrick Wraight brings an important session on the basics of Business Income insurance.
Paying the Bills After the Storm
What's harder on a business? The roof blows off (or burns off) or the lost income for the three months it takes to replace it?
Cash is the life of a business and when there's a property loss, the business often can't operate properly to generate income. That's where Business Income coverage comes in. Join us as Patrick Wraight brings us a session on the basics of Business Income coverage.
Valuing Commercial Insurance Claims in the Wake of COVID-19
COVID-19 has thrown everything into turmoil. This includes the insurance world. There are dozens of claims in litigation now that come from claims of lost income related to COVID-19 closures. In this fast-paced session, we will hear from Laura Gregory, coverage attorney, and Ryan Stifter, forensic economist about the ways that losses are being valued, the disputes in the claims processes, and some results of recent litigation.
Business Continuity and Extra Expense
If the pandemic of 2020 taught us anything, it's that business interruptions happen. Today's environment is proof of how critical it is for businesses to plan to stay in business in the event they cannot operate due to a covered or non-covered event. Join us as Richard Faber helps us to understand the issues involved with business interruptions and how business income and extra expense coverage might apply in these cases.
Business Income Claims that Cause Problems
Spend some time with us as we look at actual claims, that were selected for our learning. Terry will guide us through the stories of several real claims that will help us to better understand and apply Business Income coverage for our customers.
Business Interruption for Mobile Businesses
ISO forms were first released in February 2014 and are slowly being adopted across the country.
Business Income: It's Easier Than You Think (5-part series)
Business income is the MOST important property coverage any insured can buy. Discover how simple the coverage really is during this five-part web series.