How to Explain Coinsurance
Without the coinsurance provision, high property insurance rates and chronic underinsurance would result! Coinsurance provisions found in property policies exist primarily to assure that the insured carries a certain minimum amount of insurance coverage so that the insurance carrier receives adequate premium for the risk insured.
But your clients find the application of coinsurance confusing, and so do many agents. Plus, most clients don.t care about the particulars, they just want to know how to avoid the problems created by coinsurance.
Click Here to Register
What you will learn in this webinar:
- How the concepts of Maximum Possible Loss (MPL) and Probable Maximum Loss (PML) relate to coinsurance;
- The correct way to develop the values used in the coinsurance formula;
- How to correctly apply the coinsurance formula;
- The purpose behind coinsurance;
- How to explain coinsurance to your clients; and
- Options available to avoid coinsurance.
When you register, you get:
- Access to the live webinar
- Video and audio recordings, so you can watch or listen again
- Question & Answer session with the instructor
- Audio download of the webcast
- Presentation slides download
Join us this Thursday, April 12th for this one-hour training webinar. (PLUS, all registrants will receive video and audio recordings of the webinar, so you can listen/watch again at your convenience.)
Space is limited!
No comments:
Post a Comment