Commercial Property Adjusting

 

Who Should Attend

This one-week course is designed for the property adjuster who needs a working knowledge of ISO’s™ Commercial Property and Business Owners policies including the Business Income coverages.

Prerequisite

None.

Course Content

The course begins with an analysis of the CP policy including the Building and Personal Property Coverage forms, the Insuring Agreement, Covered Causes of Loss forms, Conditions and other coverage forms. Selected endorsements are reviewed including the Business Income coverages. Workshops and coverage scenarios are used to illustrate key points and practical applications. Real-life claims give the coverage assignments a hands-on experience that benefits the confidence of the student to handle commercial property claims.

Course Benefits

At the conclusion of the course students will be able to read and apply ISO™ commercial property coverages and determine the necessary documents to handle limited Business Income losses.

Syllabus

Commercial Policy Forms

• Declarations
• Conditions
• Building and Personal Property Forms
• Cause of Loss Forms
• Endorsements

Business Owners

• Declarations
• Coverage Form
• Endorsements

Business Income

• Definitions and Terms
• Net Income/Gross Earnings
• Profit and Loss Statements
• Calculations and Expense Charts

Case Studies/Workshops

• Coverage and Claim Projects
• BI Application Scenarios

Reference CD

• Debris Removal Calculator
• Other Insurance Calculator
• Inflation Calculator
• Valuation Calculator

Dates

Vale East (PA)	Vale Central (TX)	Vale West (CA)
2008 -$1295	2008 -$1295	2008 -$1295
Apr 21-25	Feb 4-8	Feb 11-15
Sep 8-12	Mar 31-Apr 4	Jul 14-18
Dec 1-5	Jun 16-20
	Aug 11-15
	Oct 6-10
	Dec 1-5

 

© 2008 Vale National Training Center, Inc.