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Business Income Insurance Demystified

The Simplified Guide to Understanding Business Income Coverage

US Fire Administration and National Fire Protection Association (NFPA) statistics indicate that between 115,000 and 130,000 business-related structures suffer fire damage every year; that's one structure every five minutes.

Between 25 and 33 percent of these business never reopen or close shortly after reopening, not because of the lack of property insurance but due to the lack of or improperly designed business income protection.

Without income, no business can survive very long. Insurance agents and brokers either fail to sell or improperly structure business income coverage; setting their clients up for business failure following a major loss.

Business income and/or extra expense are the MOST important property coverages any insured can purchase; and the coverage is not nearly as mysterious as agents believe. Remove the mystery and discover how simple business income coverage really is.

What you will learn in this book

You'll also receive the Business Income Worksheet

Free Bonus with your order!

The business income worksheet is an Excel document which ties in with the income statement. All you have to do is plug in your numbers and the worksheet is automatically completed.

To receive this bonus, just email your receipt to books@insurancejournal.com and we'll send you the Business Income Worksheet.

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About the author

Christopher J. Boggs, CPCU, ARM, ALCM, LPCS, AAI, APA, has been an insurance practitioner for over 18 years. During that tenure, Boggs has taught business income at several levels from basic to advanced students. The John Liner Review and the International Risk Management Institute (IRMI) have published two of Boggs' research articles regarding business income coverage. During the months of December 2008 and January 2009, Boggs published a business income coverage series on www.MyNewMarkets.com; it is on that series that this class is based (with additional information not available to the on-line readers). Boggs taught insurance on a full-time basis for two years and has continued to teach on a contract basis for the past 10 years.

Business Income Book cover

Download $34.00 Download Book - Add to Cart

Paperback Book $32.99 Paperback Book - Add to Cart

ISBN: 978-0-9858966-3-8
Publisher: Wells Media Group, Inc.
Author: Christopher J. Boggs, CPCU, ARM, ALCM, LPCS, AAI, APA
145 Pages
© 2015 Wells Media Group, Inc.