Commercial/Multifamily: Essential Overview of Business Income Insurance

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  Regular
MBA Member Price $0.00
Non-Member Price $399.00

Description

Series Schedule

CMF Series 2021 Schedule:
Commercial/Multifamily: Commercial Insurance Issues and Problems - January 14, 2021Commercial/Multifamily: Catastrophic Insurance - March 18, 2021 
Commercial/Multifamily: Self-Insurance, Captives and Fronting - May 11, 2021
Commercial/Multifamily: Ordinance or Law Insurance - July 27, 2021
Commercial/Multifamily: General, Umbrella, and Professional Liability Insurance - September 14, 2021Commercial/Multifamily: Overview of Commercial Insurance Compliance 2021 - October 14, 2021Commercial/Multifamily: Commercial Insurer Ratings and Property Claims - November 16, 2021

CMF Series 2022 Schedule:
Commercial/Multifamily: Builder’s Risk Insurance: Analysis & Perspectives - March 9, 2022
Commercial/Multifamily: Essential Overview of Business Income Insurance - July 13, 2022
Commercial/Multifamily: Commercial Insurance Compliance 2022 - October 6, 2022

Series Summary

Commercial insurance is a complex and dynamic component of the real estate finance industry. In recognition of the training needs of our members, MBA Education has developed a comprehensive program covering the various elements of commercial insurance. In collaboration with Insurance Advisors LLC and Fortress Risk Consultants LLC, MBA Education will offer 12 webinars over the course of a two year period covering the following four categories:

1) Introductory and Overview

2) Types of Commercial Insurance

3) Commercial Insurance Industry Processes

4) Commercial Insurance Compliance

Our goal is for MBA members to develop a better understanding of everything from the fundamentals to the complexities of commercial insurance

Summary

During this 90 minute presentation the speaker will cover the fundamental concepts of Business Income Insurance. Learn in detail how business income limits are calculated. What exactly is "Actual Loss Sustained", and just how long is a "Period of Restoration?" The concepts of Time to Repair, Resumption of Operation, Due Diligence and Dispatch, Extended Period of Indemnity and others will be covered.

The webinar is an indispensable guide to educate property owners, investors, lenders, servicing personnel and asset managers about the complexities of this insurance topic. Did you purchase or require enough insurance, and if there is a claim, will you recover as much as you think and how long will it really take to get it settled?

Time

2:00-3:30 PM ET

Experience Level

  • Entry-Level
  • Intermediate

Who Should Attend?

  • Real Estate Owners & Investors
  • Insurance Directors
  • Loan Closers & Underwriters
  • Commercial Servicers
  • Others concerned with insurance matters, such as attorneys and consultants who work within the real estate industry

Speaker(s)

  • Mike McDaniel, President & Owner, Fortress Risk Consultants, LLC