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Sponsored by Lorman Education
Only registered attendee will receive continuing education credit.
Product ID: 406542
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Reading and Understanding a Corporate Insurance Policy

Live Webinar
November 7, 2019
1:00 pm ET (12 pm CT, 11 am MT, 10 am PT)
1 hour 30 minutes
Live Webinar$199Register Now
Can't Attend?   Audio & Reference Manual$199Add to Cart

Gain insight into how to understand your company’s insurance policies and provide guidance regarding the key coverages available to businesses.

In an era where natural and man-made disasters and accidents are common place and frequently involve liability associated with property damage, injury involving the use of social media and big data, the increased targeting of individual directors and officers, and the growing costs associated with defending and resolving lawsuits, it is imperative for business leaders and owners to be acutely aware of their company’s insurance program. A well-managed and thoughtfully procured insurance program commonly provides a defense from a lawsuit where there is potential coverage, provides indemnity for any covered claim, settlement or judgment, and provides coverage for property damage or business interruptions caused by natural disasters. This topic will cover the most common forms of first and third party insurance available for businesses, including property coverage, commercial general liability insurance (CGL), directors and officers liability (D&O), errors and omissions liability (E&O), cyberliability, employment practices liability (EPLI) and fidelity bond/crime coverage. It will explain the core principles of insurance law that you should be mindful of when reading your policy that will inform your negotiation of the terms and conditions of the policy and understanding of the risks covered by the policy. The topic will conclude with an in-depth discussion of how to read and understand your corporate insurance policy, including the most significant terms and conditions, and will emphasize how different areas of the policy may change depending on the type of coverage and risks at issue.

Learning Objectives

• You will be able to explain the importance of your company’s insurance program as a risk management tool and gain a better understanding of conduct that may be covered under your corporate insurance policies.

• You will be able to identify the key issues and processes your company needs to address in its annual insurance renewal based on the individual needs of your business and the general forms used in the insurance industry.

• You will be able to recognize common insurance pitfalls, including timely reporting of claims, the operation of annual policy periods and limits, and overcoming typical policy exclusions.

• You will be able to review your corporate insurance policies to understand the level of coverage provided by your policies and your obligations under those policies.


Live Webinar$199Register Now
Can't Attend?   Audio & Reference Manual$199Add to Cart