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Properly Calculating and Insuring the Business Income Exposure (BIG I) 12/07/2022

IMPORTANT – all class communications will be sent to the email address with which you register!


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Properly Calculating and Insuring the Business Income Exposure (BIG I) 12/07/2022

Wednesday, December 7, 2022 (11:00 AM - 1:00 PM) (EST)

Description

Business income (BI) is the most important property coverage available. Businesses exist to make money and without income, the business ceases to exist.

BI ensures there is a flow of income until the business is once again operational. During this session, attendees will learn the hardest lesson surrounding BI – how to complete the business income worksheet (CP 15 15).

This session provides you with:

  • A description of three key BI concepts – business income, period of restoration, and the “time doctrine";
  • A step-by-step tutorial for completing the Business Income Worksheet (CP 15 15);
  • An explanation of the difference between “insurable" and “compensable" business income;
  • A discussion about extended business income and how to insure the additional loss of income that occurs once the business reopens; and
  • A few pointers about dependent property coverage.
BIG I Webinar
Event Contact
BIG I - Virtual University
800-221-7917
Send Email
Wednesday, December 7, 2022 (11:00 AM - 1:00 PM) (EST)
December 7, 2022 (11:00am - 1:00pm)
Categories
Webinar
Property/Casualty
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