{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Adjusting Today - Issue #3008: Business Income Insurance: Having and Understanding This Coverage Can Be Essential to a Company\u2019s Survival ","description":"Our panelists agree - most business owners don\u2019t completely understand the Business Income Coverage or coinsurance provisions within their policies. This discussion provides insights to navigating policies before you need to file a claim, the CP30 and what options you may have if not satisfied with the settlement offered from your insurance provider. If contacted during the policy buying decision process, a public insurance adjuster can help your business to get the proper coverage. For further information on this topic, please read our Adjusting Today article: "Business Income Insurance: Having and Understanding This Coverage Can Be Essential to a Company's Survival."   Key Takeaways: [:35] Introducing the panelists [1:04] Why is it so imperative commercial policyholders have adequate Business Income Coverage? [4:02] How is the correct amount of business coverage calculated? [7:54] How does coinsurance come into play when calculating Business Income claims? [12:48] What responsibility does the insured have to resume operations in order to minimize Business Income losses? [16:30] Do you believe commercial policyholders have an adequate understanding of Business Income Coverage? [20:35] What options do policyholders have if they are not offered an adequate Business Income settlement? [25:02] Relationship between the Business Income claim and the property claim   Panelists: Steve Surace, Chief Financial Officer and Vice President - Adjusters International Wendy Biety, Senior General Adjuster and Forensic Accountant - Globe Midwest\/Adjusters International Darin Checchia, Regional Vice President - Adjusters International\/Basloe, Levin & Cuccaro C. Todd Thomas, Executive Director of Consulting Services and Member of the Society of Risk Management Consultants   Brought to you by - Adjusters International ","author_name":"Property Insurance Roundtable","author_url":"http:\/\/www.adjustersinternational.com\/","html":"