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Property - Adding BI Coverage
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To add Business Income to a quote, follow the steps below:

 

1 - Navigate to the Building Coverages section and select the location/building on the right hand side

 

2 - Scroll to the bottom of the Building Coverage section and select the 'BI Coverage' tab

 

3 - Select the Coverage Type from the 'BI Coverage Type' dropdown

 

4 - Enter the limit amount into the 'Limit of Insurance' field

 

5 - Select the limit option from the 'Coinsurance & Indemnity Options' dropdown 

 

6 - Select the 'Calculate Premium For BI Coverage' button

 

 

 

To add Business Income to an existing policy, follow the steps below:

 

1 -Open policy and select the 'Endorse' buttonto begin endorsement

 

2 - Enter the endorsement effective date (tab to store) and select the 'Generate Endorsement Number and Proceed' button 

 

3 - Navigate to the Property > Building Coverages section and select the location/building on the right hand side

 

4 - Scroll to the bottom of the Building Coverage section and select the 'BI Coverage' tab

 

5 - Select the Coverage Type from the 'BI Coverage Type' dropdown

 

6 - Enter the limit amount into the 'Limit of Insurance' field

 

7 - Select the limit option from the 'Coinsurance & Indemnity Options' dropdown 

 

8 - Select the 'Calculate Premium For BI Coverage' button

 

 

 

9 - Scroll to the Policy Services (Endorsement) tile and select the 'Calculate Premium' button

 

10 - Review the generated endorsement wording for accuracy, make edits as needed

 

11 - Select the "Preview Endorsement' button to view the endorsement

 

12 - Select the 'Complete/Issue Endorsement' button to submit the change

 

 

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