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ABEN Understand the Importance of Ordinance or Law Coverage

ABEN Understand the Importance of Ordinance or Law Coverage

INSTRUCTOR: Christopher Boggs
NY- 2 CE (PC,BR,C3,PA) NYCR-268486
CT - 2 CE (General) 115734
 

Insurance agents do a bad job of explaining the concept of "replacement cost." We tend to tell clients they will get new stuff for old junk and while that may be partially true, partial truths get you sued.

One roadblock to replacement cost is building codes or what we insurance practitioners refer to as ordinances or laws. Unendorsed policies offer only a VERY limited amount of coverage for the increased costs to rebuild due to these ordinances or laws, and when your insured is forced to pay these additional costs out-of-pocket, they are going to be mad!

For Commercial Lines Staff

Members: $50 per person
Non-Members: $70 per person

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Per the New York Department of Financial Services, you cannot receive CE credit for any course previously used for your license renewal (based on the course approval number). 
Per the Connecticut Insurance Department, a course can be taken for CE one time in the current license period.  It may be taken again in a subsequent license period.  
 
 
When
2/20/2023 8:00 AM - 10:00 AM
Where
Online-at Your Desk
Online registration not available.

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