Blanket Business Income Insurance
Valuing Business Income Exposures:
A Case for Blanket Business Income Insurance
It is a fairly simple matter to arrange appropriate business income coverage for a business, with one location — a store or factory, an office or perhaps a warehouse, however, that procedure becomes a bit more complex when protection must be arranged for an organization operating multiple sites.
Blanket business income insurance can help in those situations and it is the subject of this issue of Adjusting Today.
"Blanket insurance responds as if the entire company, regardless of the number of locations, were under one roof."
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Key Points and Page Numbers
- Coinsurance vs Agreed Value — 1
- Blanket Coverage — the Answer for Complex Business — 3
- A Case Study — 4
- Determining insurable business income values: establishing potential exposures — do a worst case scenario.