Business Income is a very complex topic both from identifying exposures to risk; identifying transfers of risk to mitigate exposure and to understand the insurance policies and endorsements that are available. This course will focus on five key areas that must be understood in order to write coverage for financial loss resulting in a business income claim for our commercial clients.

• The general purpose of Business Income and the importance of the valuation clause on the Commercial Property Form
• The three major choices for coverage and their differences including a discussion of ALS on a BOP or CP: Coinsurance: Monthly Limit of Indemnity; Maximum Period of Indemnity
• The Indemnity Provision
• Basics in Limit Setting and Choosing Coinsurance
• Available Endorsements and policy triggers