WEB240605P - Part 1 When Nature's Fury is Unleashed on Your Insureds Town

Description

Valid 3 CE MT | OR | WA

As part 1 of Nature's Fury, this webinar will discuss how insurance professionals appropriately insure Main Street America’s real property with 100+ year-old buildings that are purchased for a few hundred thousand dollars and have a multi - million-dollar replacement cost estimator? In this session, participants discuss the built -in moral hazard and contemplate the appropriate property coverage form choice (Replacement Cost, Functional Replacement Cost, Actual Cash Value) and its effect on the insured’s exposures and viability of their business. Using 4 cat astrophic losses in a 4 -year period, they will examine the reasons why insurance professionals must insure to the catastrophic loss exposure and not be lulled to sleep by satisfactory partial loss settlements.

Instructor: Robert Shomo, CIC

Webinar Cancellation policy: notices may be received in writing up to 7 days prior to the scheduled webinar and are transferrable to 1 future webinar only. No shows from attendance reports on the day of the webinar will not be refunded and if the no show had a balance due, they will be invoiced accordingly. Sorry - No exceptions.