AILP Issues: Commercial Property

CLASS TOPICS:

Knowing how to amend property when you need to; additional covered property endorsement for excluded property; property not covered endorsement to avoid duplication; specific property endorsements for certain property types such as signs, antennas, landscaping; New options for tenants and building items; drones

Endorsements affecting loss settlement such as manufacturers selling price, margin clause, value reporting form, ordinance or law and debris removal, vacancy change options

Adding other interests, loss payable or adding building owner

Business income issues; Coinsurance; described premises or not; BII time period exclusion; ordinance or law consideration; BII form vs. BII in BOP; amending the period of restoration; dependent property consideration; BII and loss to vehicles; drones and BII

Exclusions reminding us to buy other policies such as EPLI and Cyber

CEs: 7 P&C VT