Manufacturers - Insurance Coverages that are Unique and Essential to Consider - 2 CE
Course #252509
Fire & Casualty
Course Description:
A manufacturing risk is a very complex type of business to insure. It requires a thorough review of the operation to determine exposures and providing specialty endorsements to make sure the coverage is adequate at the time of loss.
The topics that will be covered include:
- Risk Management approaches to reviewing the operation and operational relationships both domestic and international to determine the approach to insuring the risk;
- Key property endorsements including Brand and Label, Manufacturers Consequential Loss, Control of Salvage, and Preclusion of Salvage;
- Understanding the importance of a Manufacturing Selling Price Endorsement and its impact on Business Income Limit Setting;
- Product Recall and Product Contamination; Intellectual Property;
- Warehousing and Distribution