Event Information
2023 - CIC - Commercial Property - Virtual Class - Jan. 11-12
Virtual Class - Access anywhere you have internet access
Wednesday, January 11, 2023
- Thursday, January 12, 2023
iCalendar
Central Standard Time
ALL TIMES CST
Earn 16 hours of Illinois CE
In order to maximize coverage and protect your increasingly complex commercial property accounts, it is important to have a detailed understanding of Commercial Property coverages and endorsements, as well as the concepts used when correctly writing this business. Equally important is a familiarity with other coverages such as Time Element (Business Income), and Equipment Breakdown. At this institute you will learn to help provide your customers with the advice and protection they need.
Topics Covered:
- Commercial Property Coverage Forms & Endorsements
- Commercial Property Causes of Loss & Endorsements
- Equipment Breakdown
- Time Element Coverages & Endorsements
Participants will:
- Examine the property coverage found in the Building and Personal Property Coverage Form including the various Additional Coverages, Coverage Extensions, and Optional Coverages. Discuss valuation methods and the application of coinsurance. Learn the proper use of various endorsements.
- Examine the common coverage, exclusions, and limitations of the three Causes of Loss Forms (Basic, Broad, and Special) with emphasis on the Special Causes of Loss Form. You will also explore the need for the Legal Liability Coverage Form.
- Learn the property exclusions that determine when an Equipment Breakdown Policy is needed. Determine the types of equipment to include, and the role of engineering as it relates to these policies.
- Determine the what, how, and why of Business Income Coverage and Extra Expense coverage. Learn the importance of complying with the coinsurance provision and which Optional Coverages are used to remove or suspend this provision. Examine several valuable Business Income endorsements.
Agenda:
All times CST
Wednesday
7:45 a.m.- 8:00 a.m. - Join Webinar
8:00 a.m. - 12:15 p.m. - Commercial Property Coverage Forms & Endorsements with David Walker
12:15 p.m. - 1:15 p.m. - Lunch
1:15 p.m. - 5:15 p.m. - Commercial Property Coverage Forms & Endorsements (continued) with David Walker
5:15 p.m. - 5:30 p.m. - Exam Briefing with Lynne Lovell
Thursday
7:45 a.m.- 8:00 a.m. - Join Webinar
8:00 a.m. - 11:00 a.m. - Commercial Property Causes of Loss & Endorsements with David Sheets
11:00 a.m.- 12:00 p.m. - Time Element Coverages & Endorsements with David Sheets
12:00 p.m. - 1:00 p.m. - Lunch
1:00 p.m. - 5:00 p.m. - Time Element Coverages & Endorsements (continued) with David Sheets
The virtual classes will count for both state CE and designation credit. The exam requirements remain the same and the exam is only required for those pursuing a new designation.
For those taking the exam, you will do so online. The exam window will be open the week following the class, as opposed to the day of the class. Specific instructions on the exam including proctoring of the exam, and completion information will be distributed during the course.
If you would rather email/mail a registration form Click here.
To view the cancellation policy, click here.