Business Income Loss & Extra Expense Claims (W32)

This course is titled Business Income Loss & Extra Expense Claims.  In this course we will provide Adjusters an overview of the commercial property insurance coverage unique to their organization and its role in the claims handling process.  Most first-party commercial property insurance policies provide coverage for business income loss and extra expense by adding an endorsement to the Insured’s property policy.  This endorsement is designed to protect the Insured for losses of business income it sustains as a result of direct loss, damage, or destruction to covered property by covered cause of loss, such as fire, hurricane, or other natural or man-made disaster.  This course will also provide Adjusters an understanding of what information and documentation should be obtained from the Insured for purposes of performing a comprehensive analysis of the actual loss sustained during the affected period (aka Period of Restoration).