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Attention: This course is not approved for State reported continuing education credits.
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This Online MEGA is allowed only for CIC, CRM and CPRM Dues Paid designees.
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The State of Nevada has only approved this course for 3 credits of Property & Casualty and 3 credits of Ethics.
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Approved for 1 Hour of State Reported CE Credit in TX, AR, AZ, CA, DE, CO, FL, GA, IA, IL, IN, KS, KY, LA, MA, MD, MO, MN, NC, NE, NJ, OH, OK, OR, PA, SC, TN, UT, WA, and WI.
OVERVIEW AND TOPICS
Surviving a Business Income Loss – Myth vs. Reality
Enhance your understanding of business income and extra expense (BI/EE) coverage in our concise one-hour course. Gain valuable insights into key topics such as loss evaluation, claim documentation, and insured and carrier communications. Evaluate the necessary information to determine and support adequate and equitable payment for manufacturing vs. a non-manufacturing client. Explore crucial aspects including coverage triggers, endorsements, and coverage options, including extended business income and dependent property coverage. Learn how coinsurance and agreed value options affect payment, and familiarize yourself with the statutory and contractual requirments the insured must satisfy to receive adequate compensation for the covered loss.