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March 20
‘How to Calculate Business Income Limits in 5 Minutes’

Calculating the limit and coinsurance percentage for business income coverage can be a complex and time-consuming process. When bidding on new business, it may not be feasible to complete the detailed analysis required until the prospect has accepted the proposal.


Help is on the way. On April 16, the Virtual University will host a new webinar: “How to Calculate Business Income Limits in 5 Minutes.” This one-hour session will share a simplified method for “ball-parking” business income estimates until a more comprehensive analysis is feasible.


At the conclusion of this webinar, participants should be able to:

  • Understand the basic steps in determining the business income limit
  • Understand the different bases for calculating the limit vs. coinsurance percentage
  • Given an income statement and sales projections, project a policy limit and coinsurance percentage
  • Understand that this short-cut approach does not replace a more complete worksheet analysis

If you are interested in exploring business income further, be sure to visit the Big “I” Virtual University (VU), which features an entire section in the commercial lines resource library with articles on business income and cancellation of contracts, ordinance or law, additional insureds, non-profits, unprofitable businesses and more. The VU is a free member benefit, so a login and password are required to access materials.


For more information, email webinar staff.​


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