Webinar: How to correctly advise policyholders on the Policy coverage gaps caused by the Covid-19 lockdown

The Covid-19 lockdown has created far more gaps in covers than most brokers realise, and this webinar takes a look at where these coverage gaps arise and how best to advise your clients on these issues:

• Many policies do not cover equipment whilst in employees home - are you sure your client has the right cover?
• What should you inform your policyholders about the potential new EL and PL risks that arise whilst employees are at home, and what is the coverage position on furloughing?
• Why a broker needs to be very careful about which insurer they place coverage with going forward, particularly in relation to declarations.
• There is a significantly increased D&O and Employment practices exposure - these covers have never been more important, how well are you advising clients on their increased exposure?
• The cyber risk has increased dramatically - are you informing your clients of the critical need for cyber cover?
• Why it has never been more important to get your clients onto a declaration linked basis for Bi - this is much more than the uplift in coverage
• What is the contract law position on payment holidays?
• Will the unoccupancy period invalidate part or all of your clients cover?
• Should the client be thinking of going onto laid up cover for part of their fleet coverage?
• What is the position of the Insurance Act 2015 on changes policyholders are having to make to their business?

Learning Objectives

Delegates will be able to:

• Understand the correct position on contents at home coverage under a commercial policy.
• Understand the position on EL/PL coverage as it relates to the Covid-19 lockdown.
• Understand the increased D&O and cyber exposure caused by the Covid-19 lockdown.
• Understand the legal position on payment holidays.
• Understand the advantage of being on a declaration linked Bi policy.
• Understand how unoccupancy could affect policy coverage.
• Understand how the Insurance act 2015 applies to the Covid-19 lockdown.”

This webinar will be delivered by Zoom. The link will be sent out shortly before the start of the session.

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