Protect Your Business from Unexpected Interruptions

If your business has to pause, your income doesn’t have to

WEBINAR | BUILDING | TECHNICAL Business interruption insurance is often perceived as a highly technical field, both difficult to sell and to service. As a result, it is a commodity that, although important to all risk portfolios, is undersold. This seminar aims to put aside the accounting and the numbers so that the insurance people in all disciplines can get a better handle on the how tos of business interruption. Business interruption insurance is a vital component of any business continuity plan and requires concentrated attention because it cannot be altered after a disaster occurs. Many aspects of BI replicate business continuity planning, especially the business impact analysis aspects of it and requires an understanding from the insurance professional from different aspects. Objectives Four KEY Concepts that you must know to properly write Business Income Coverage Major Business Income Policy Provisions An overview on how to calculate Coinsurance, Period of Restoration and Coverage Amounts Non-Coinsurance Options and when you should consider them How to determine Extra Expense needs and options for providing coverage Seminar Leader: Melanie Needham, FCIP, CRM President, MRD Consulting RIBO CE Hours: 2 Technical hours PLEASE NOTE: - Prices below are for IIO Members. Fees noted below do not include hst. - Non-members and renewing members the IIO Membership fee will be added to your cart. - Sorry, no refunds. Credit notes issued only with 48 hour written notice LINK TO WEBINAR 24 hours prior to the webinar, all registrants will receive an e-mail providing the direct link to the Webinar. COMPUTER REQUIREMENTS Our webinar platform is GoToWebinar. You can test your system at the following link: https://support.goto.com/webinar/system-check-attendee If you have any questions or for assistance with registration, invcluding group sales, please contact us: ottawamail@insuranceinstitute.ca