Many businesses are focused on purchasing insurance for physical damage to their property but they should also consider the loss of income that will result if their business is shut-down due to physical damage to the building or equipment. This business income continuing education class explains the coverage, endorsements and terminology that are unique to this type of policy. Problem solving exercises to complete a business interruption worksheet are included to provide the adjuster with an understanding of how to value a claim.

Class highlights include:

• Calculating Business Interruption Losses


• Waiting Periods (Time Deductibles)


• Ingress and Egress


• Extra Expenses


• Co-Insurance Requirements


• Is there coverage for COVID-19 losses?


• Business Income from Dependent Properties


• Seasonality of Sales


• Extended Period of Indemnity


• Approved for 5 Hours of Elective Continuing Education