CPD WEBINAR TECHNICAL BRIEFING: BI EXTENSIONS and ADVANCED LOSS OF PROFIT
This presentation looks specifically at BI extensions, the purpose of each one of them and how in each case an incident could give rise to a claim.
Many in the industry have an incorrect view of extensions, for example many discuss utilities extension cover with clients when they really mean terminal ends, so give a wrong impression of the coverage their policy is actually providing.
The webinar, presented by Alan Chandler who is well known to our members and who is one of the most popular insurance presenters in the UK. Alan will go through each of the extensions in his plain English style detailing how these essential additions to cover operate. In addition Alan will look at advanced loss of profits and examine why this cover is so under sold.
This presentation will be appropriate for brokers, underwriters, claims staff and loss adjusters. Learning objectives
After this presentation delegates will be able to understand:
Customer and suppliers Bi extensions and why insurers should try and do more on the overseas extension side
Denial of access extensions Disease, food poisoning, murder etc extension
Loss of attraction extension and how this differs from denial of access
Utilities and terminal ends and how these differ
Advanced loss of profits and why this is so under sold Many other of the Bi extensions offered in the market place and when they are appropriate for a risk
This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.
1 hour's CPD can be claimed for this event if relevant to your learning and development needs.
It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at www.cii.co.uk/cpd.