The end of the year is a good time to review your clients' business insurance policies, especially their business income coverage.
Be sure to consider the following additional endorsements, many of which are often overlooked, advises Jerry Milton, CIC. Milton presented a recent Insurance Agents & Brokers Power Hour webinar, “Commercial Lines Conundrums,” highlighting additional policies, endorsements, and coverage that are inadvertently overlooked. This could lead to additional claims of “failure to recommend,” he explained, and increased liability for the agent or broker in case of a loss.
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Rosalie Donlon
Rosalie Donlon is the editor in chief of ALM's insurance and tax publications, including NU Property & Casualty magazine and NU PropertyCasualty360.com. You can contact her at [email protected].
