Commercial Property Insurance

CommercialProperty Insurance

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MRD Training & Consulting Inc.

1

<div class="sg" id="s20" data-sgid="Content Placeholder 2" style="z-index:4;left:478.94px;top:62.61px;width:418.34px;height:412.51px" data-valign="middle" data-pointer-events="none"> <div id="s20_t" class="sg" style="z-index:2;left:-6.37px;top:-25.56px;width:426.86px;height:438.07px;"><div><p para="{bl:{ch:187},spbf:10.00}"><span data-textwidth="397.98" class="sg nowrap f3" style="z-index:2;font-size:133%; left:14.23px;top:9.68px;">»<span class="f2" > Discuss the coverage provided under a </span></span><span data-textwidth="345.30" class="sg nowrap f2" style="z-index:4;font-size:133%; left:32.23px;top:36.29px;">typical named perils wording and a </span><span data-textwidth="317.09" class="sg nowrap f2" style="z-index:5;font-size:133%; left:32.23px;top:62.21px;">broad form wording mentioning </span><span data-textwidth="345.18" class="sg nowrap f2" style="z-index:6;font-size:133%; left:32.23px;top:88.14px;">exclusions and any special features;</span></p><p></p><p para="{bl:{ch:187},spbf:10.00}"><span data-textwidth="332.69" class="sg nowrap f3" style="z-index:7;font-size:133%; left:14.23px;top:159.35px;">»<span class="f2" > Name and describe some policy </span></span><span data-textwidth="337.38" class="sg nowrap f2" style="z-index:9;font-size:133%; left:32.23px;top:185.96px;">wordings that are commonly used;</span></p><p></p><p para="{bl:{ch:187},spbf:10.00}"><span data-textwidth="398.22" class="sg nowrap f3" style="z-index:10;font-size:133%; left:14.23px;top:257.18px;">»<span class="f2" > Discuss what is required to underwrite </span></span><span data-textwidth="226.72" class="sg nowrap f2" style="z-index:12;font-size:133%; left:32.23px;top:283.78px;">and rate property risks;</span></p></div></div></div> <div class="sg" id="s18" data-sgid="Picture 74" style="z-index:2;left:0.00px;top:-0.48px;width:960.38px;height:540.48px"> <img class="sg" src="771E4C0C.png" id="s18_i" style="z-index:1;left:0px;top:0px;width:960.38px;height:540.48px" > </div> <div class="sg" id="s17" data-sgid="Rectangle 72" style="z-index:1;left:0.00px;top:-0.48px;width:480.25px;height:540.48px" data-pointer-events="none"> <img class="sg" src="5D1D115.jpg" id="s17_i" style="z-index:1;left:0px;top:0px;width:480.25px;height:540.48px" > </div> <div class="sg sgTitle" id="s19" data-sgid="Title 1" style="z-index:3;left:49.90px;top:161.16px;width:289.54px;height:218.04px" data-valign="middle" data-pointer-events="none"> <div id="s19_t" class="sg" style="z-index:2;left:-19.31px;top:0.00px;width:308.85px;height:218.04px;"><div><p><span data-textwidth="184.11" class="sg nowrap f1" style="z-index:2;color:#FFFFFF;font-size:244%; left:27.02px;top:84.49px;">Objectives</span></p></div></div></div> <div class="sg" id="s23" data-sgid="Audio 3" style="z-index:7;left:878.11px;top:458.21px;width:64.88px;height:64.88px" data-href=""> <audio type="audio/mpeg" xmlns="audio" src="79717CD7.mp3" preload="auto" data-startpoint="0" data-duration="1000000"></audio><img class="sg" src="1F635CB065x65.png" id="s23_i" style="z-index:1;left:0px;top:0px;width:64.88px;height:64.88px" > </div> <div class="sg" id="s22" data-sgid="Slide Number Placeholder 3" style="z-index:6;left:851.46px;top:489.16px;width:45.82px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s22_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:45.82px;height:25.67px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="5.52" class="sg nowrap f3" style="z-index:2;color:#898989;font-size:56%; left:33.33px;top:8.87px;">2</span></p></div></div></div> <div class="sg" id="s21" data-sgid="Footer Placeholder 1" style="z-index:5;left:435.16px;top:489.16px;width:417.15px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s21_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:417.15px;height:25.67px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="200.91" class="sg nowrap f2" style="z-index:2;color:#898989;font-size:56%; left:209.23px;top:8.27px;">© Copyright MRD Training & Consulting Inc. 2014</span></p></div></div></div> <div class="sg" id="s32" data-sgid="Content Placeholder 2" style="z-index:4;left:478.94px;top:62.61px;width:418.34px;height:412.51px" data-valign="middle" data-pointer-events="none"> <div id="s32_t" class="sg" style="z-index:2;left:-6.37px;top:-0.48px;width:432.53px;height:417.93px;"><div><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="350.46" class="sg nowrap f3" style="z-index:2;font-size:133%; left:14.23px;top:9.57px;">•<span class="f2" ><span style="letter-spacing:4.20px"> </span>Property policies can be classified </span></span><span data-textwidth="329.09" class="sg nowrap f2" style="z-index:4;font-size:133%; left:32.23px;top:36.17px;">according to the perils insured by </span><span data-textwidth="57.85" class="sg nowrap f2" style="z-index:5;font-size:133%; left:32.23px;top:62.10px;">them.</span><img class="sg" src="D3BAF855865x836.png" id="s32_p1" style="z-index:1;left:-3.37px;top:6.49px;width:435.53px;height:88.95px" ></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="387.31" class="sg nowrap f3" style="z-index:6;font-size:133%; left:14.23px;top:97.43px;">•<span class="f4" style="font-weight:bold; "><span style="letter-spacing:4.20px"> </span>NAMED PERILS</span><span class="f2" >: list the specific perils </span></span><span data-textwidth="362.94" class="sg nowrap f2" style="z-index:9;font-size:133%; left:32.23px;top:124.03px;">insured such as on a Fire & Extended </span><span data-textwidth="375.18" class="sg nowrap f2" style="z-index:10;font-size:133%; left:32.23px;top:149.96px;">Coverage (EC) form or any variation of </span><span data-textwidth="120.02" class="sg nowrap f2" style="z-index:11;font-size:133%; left:32.23px;top:175.88px;">such a form.</span><img class="sg" src="4DA19A83865x836.png" id="s32_p2" style="z-index:1;left:-3.37px;top:71.29px;width:435.53px;height:126.66px" ></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="387.67" class="sg nowrap f3" style="z-index:12;font-size:133%; left:14.23px;top:211.09px;">•<span class="f4" style="font-weight:bold; "><span style="letter-spacing:4.20px"> </span>BROAD FORM</span><span class="f2" >: covers all perils <u>except</u></span></span><span data-textwidth="299.45" class="sg nowrap f2" style="z-index:16;font-size:133%; left:32.23px;top:237.70px;">those excluded in the wording.</span><img class="sg" src="9D02163B865x836.png" id="s32_p3" style="z-index:1;left:-3.37px;top:184.97px;width:435.53px;height:72.23px" ></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="384.18" class="sg nowrap f3" style="z-index:17;font-size:133%; left:14.23px;top:272.90px;">•<span class="f2" ><span style="letter-spacing:4.20px"> </span>The correct form to use is dependent </span></span><span data-textwidth="314.21" class="sg nowrap f2" style="z-index:19;font-size:133%; left:32.23px;top:299.51px;">upon the businesses objectives, </span><span data-textwidth="327.41" class="sg nowrap f2" style="z-index:20;font-size:133%; left:32.23px;top:325.44px;">condition of property, its use and </span><span data-textwidth="385.86" class="sg nowrap f2" style="z-index:21;font-size:133%; left:32.23px;top:351.36px;">overall value and what the underwriter </span><span data-textwidth="164.79" class="sg nowrap f2" style="z-index:22;font-size:133%; left:32.23px;top:377.29px;">is willing to offer.</span><img class="sg" src="96391625865x836.png" id="s32_p4" style="z-index:1;left:-3.37px;top:246.81px;width:435.53px;height:153.88px" ></p></div></div></div> <div class="sg" id="s30" data-sgid="Picture 137" style="z-index:2;left:0.00px;top:-0.48px;width:960.38px;height:540.48px"> <img class="sg" src="771E4C0C.png" id="s30_i" style="z-index:1;left:0px;top:0px;width:960.38px;height:540.48px" > </div> <div class="sg" id="s29" data-sgid="Rectangle 135" style="z-index:1;left:0.00px;top:-0.48px;width:480.25px;height:540.48px" data-pointer-events="none"> <img class="sg" src="66BED011.jpg" id="s29_i" style="z-index:1;left:0px;top:0px;width:480.25px;height:540.48px" > </div> <div class="sg sgTitle" id="s31" data-sgid="Title 1" style="z-index:3;left:49.90px;top:161.16px;width:289.54px;height:218.04px" data-valign="middle" data-pointer-events="none"> <div id="s31_t" class="sg" style="z-index:2;left:-19.31px;top:-4.90px;width:308.85px;height:235.77px;"><div><p><span data-textwidth="157.83" class="sg nowrap f1" style="z-index:2;color:#FFFFFF;font-size:244%; left:27.02px;top:18.10px;">How are </span><span data-textwidth="163.83" class="sg nowrap f1" style="z-index:3;color:#FFFFFF;font-size:244%; left:27.02px;top:65.63px;">property </span><span data-textwidth="142.70" class="sg nowrap f1" style="z-index:4;color:#FFFFFF;font-size:244%; left:27.02px;top:113.16px;">policies </span><span data-textwidth="158.19" class="sg nowrap f1" style="z-index:5;color:#FFFFFF;font-size:244%; left:27.02px;top:160.69px;">written…</span></p></div></div></div> <div class="sg" id="s35" data-sgid="Audio 2" style="z-index:7;left:878.11px;top:458.21px;width:64.88px;height:64.88px" data-href=""> <audio type="audio/mpeg" xmlns="audio" src="F56B0419.mp3" preload="auto" data-startpoint="0" data-duration="1000000"></audio><img class="sg" src="1F635CB065x65.png" id="s35_i" style="z-index:1;left:0px;top:0px;width:64.88px;height:64.88px" > </div> <div class="sg" id="s34" data-sgid="Slide Number Placeholder 3" style="z-index:6;left:851.46px;top:489.16px;width:45.82px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s34_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:45.82px;height:25.67px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="5.52" class="sg nowrap f3" style="z-index:2;color:#898989;font-size:56%; left:33.33px;top:8.87px;">3</span></p></div></div></div> <div class="sg" id="s33" data-sgid="Footer Placeholder 1" style="z-index:5;left:435.16px;top:489.16px;width:417.15px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s33_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:417.15px;height:25.67px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="200.91" class="sg nowrap f2" style="z-index:2;color:#898989;font-size:56%; left:209.23px;top:8.27px;">© Copyright MRD Training & Consulting Inc. 2014</span></p></div></div></div> <div class="sg" id="s38" data-sgid="Rectangle 78" style="z-index:3;left:396.76px;top:35.01px;width:167.45px;height:150.27px" data-fillcolor="10855845"> <img class="sg" src="C23DC53D167x150.png" id="s38_i" style="z-index:1;left:0px;top:0px;width:167.45px;height:150.27px" > </div> <div class="sg" id="s39" data-sgid="Slide Number Placeholder 3" style="z-index:4;left:420.89px;top:61.53px;width:116.34px;height:97.84px" data-valign="middle" data-pointer-events="none"> <div id="s39_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:116.34px;height:100.26px;"><div><p para="{al:2,spaf:6.00}"><span data-textwidth="24.48" class="sg nowrap f3" style="z-index:2;color:#FFFFFF;font-size:244%; left:46.35px;top:26.69px;">4</span></p></div></div></div> <div class="sg" id="s36" data-sgid="Rectangle 76" style="z-index:1;left:35.85px;top:35.01px;width:347.37px;height:309.16px" data-fillcolor="5855577"> <img class="sg" src="8BC5FBAB347x309.png" id="s36_i" style="z-index:1;left:0px;top:0px;width:347.37px;height:309.16px" > </div> <div class="sg sgTitle" id="s37" data-sgid="Title 1" style="z-index:2;left:60.46px;top:59.49px;width:296.73px;height:263.69px" data-valign="middle" data-pointer-events="none"> <div id="s37_t" class="sg" style="z-index:2;left:-19.20px;top:0.00px;width:315.93px;height:263.69px;"><div><p><span data-textwidth="162.87" class="sg nowrap f1" style="z-index:2;color:#FFFFFF;font-size:244%; left:26.91px;top:83.54px;">Property </span><span data-textwidth="130.94" class="sg nowrap f1" style="z-index:3;color:#FFFFFF;font-size:244%; left:26.91px;top:131.07px;">Policies</span></p></div></div></div> <div class="sg" id="s42" data-sgid="Rectangle 82" style="z-index:7;left:575.00px;top:35.01px;width:348.79px;height:468.91px" data-fillcolor="16777215"> <img class="sg" src="196E603349x469.png" id="s42_i" style="z-index:1;left:0px;top:0px;width:348.79px;height:468.91px" > </div> <div class="sg" id="s40" data-sgid="Graphic 73" style="z-index:5;left:412.11px;top:202.18px;width:135.20px;height:135.29px"> <img class="sg" src="585F10BD135x135.png" id="s40_i" title="" alt="Checkmark" style="z-index:1;left:0px;top:0px;width:135.20px;height:135.29px" > </div> <div class="sg" id="s43" data-sgid="Content Placeholder 1" style="z-index:8;left:602.22px;top:62.13px;width:296.76px;height:416.00px" data-valign="middle" data-pointer-events="none"> <div id="s43_t" class="sg" style="z-index:2;left:-2.38px;top:0.00px;width:299.14px;height:416.00px;"><div><p para="{bl:{ch:8226},spbf:10.00}"></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="269.45" class="sg nowrap f3" style="z-index:2;font-size:94%; left:10.46px;top:71.02px;">•<span class="f4" style="font-weight:bold; "><span style="letter-spacing:8.16px"> </span>Four Parts </span><span class="f2" >(Basic Framework) of the </span></span><span data-textwidth="108.74" class="sg nowrap f2" style="z-index:5;font-size:94%; left:28.46px;top:89.42px;">Property Policy:</span></p><p></p><p para="{in:2,bl:{nbr:1,val:1,st:3},spbf:5.00}"><span data-textwidth="217.47" class="sg nowrap f2" style="z-index:6;font-size:94%; left:46.47px;top:141.15px;">1.<span style="letter-spacing:19.32px"> </span>Declarations (or Schedule)</span></p><p></p><p para="{in:2,bl:{nbr:2,val:1,st:3},spbf:5.00}"><span data-textwidth="101.53" class="sg nowrap f2" style="z-index:8;font-size:94%; left:46.47px;top:187.85px;">2.<span style="letter-spacing:19.32px"> </span>Wordings</span></p><p></p><p para="{in:2,bl:{nbr:3,val:1,st:3},spbf:5.00}"><span data-textwidth="229.23" class="sg nowrap f2" style="z-index:10;font-size:94%; left:46.47px;top:234.66px;">3.<span style="letter-spacing:19.32px"> </span>Statutory Conditions where </span><span data-textwidth="174.99" class="sg nowrap f2" style="z-index:12;font-size:94%; left:82.47px;top:253.02px;">laid down by statute law, </span><span data-textwidth="206.55" class="sg nowrap f2" style="z-index:13;font-size:94%; left:82.47px;top:271.38px;">usually the Insurance Act of a </span><span data-textwidth="193.84" class="sg nowrap f2" style="z-index:14;font-size:94%; left:82.47px;top:289.75px;">Province. (<span class="f5" style="font-style:italic; ">Quebec: </span>they are </span><span data-textwidth="181.71" class="sg nowrap f2" style="z-index:17;font-size:94%; left:82.47px;top:308.11px;">called General Conditions)</span></p><p></p><p para="{in:2,bl:{nbr:4,val:1,st:3},spbf:5.00}"><span data-textwidth="238.11" class="sg nowrap f2" style="z-index:18;font-size:94%; left:46.47px;top:354.80px;">4.<span style="letter-spacing:19.32px"> </span>Endorsements (as applicable)</span></p></div></div></div> <div class="sg" id="s41" data-sgid="Rectangle 80" style="z-index:6;left:35.63px;top:355.32px;width:527.99px;height:148.60px" data-fillcolor="16777215"> <img class="sg" src="C4C8FC07528x149.png" id="s41_i" style="z-index:1;left:0px;top:0px;width:527.99px;height:148.60px" > </div> <div class="sg" id="s45" data-sgid="Audio 2" style="z-index:10;left:878.11px;top:458.21px;width:64.88px;height:64.88px" data-href=""> <audio type="audio/mpeg" xmlns="audio" src="EE2BD3C0.mp3" preload="auto" data-startpoint="0" data-duration="1000000"></audio><img class="sg" src="1F635CB065x65.png" id="s45_i" style="z-index:1;left:0px;top:0px;width:64.88px;height:64.88px" > </div> <div class="sg" id="s44" data-sgid="Footer Placeholder 1" style="z-index:9;left:35.85px;top:503.69px;width:526.32px;height:29.62px" data-valign="middle" data-pointer-events="none"> <div id="s44_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:526.32px;height:29.62px;"><div><p para="{spaf:6.00}"><span data-textwidth="211.48" class="sg nowrap f2" style="z-index:2;color:#404040;font-size:61%; left:7.72px;top:9.82px;">© Copyright MRD Training & Consulting Inc. 2014</span></p></div></div></div> <div class="sg" id="s46" data-sgid="Rectangle 136" style="z-index:1;left:27.47px;top:-0.48px;width:904.47px;height:217.53px" data-pointer-events="none"> <img class="sg" src="15E2C97D.png" id="s46_i" style="z-index:1;left:0px;top:0px;width:904.47px;height:217.53px" > </div> <div class="sg sgTitle" id="s48" data-sgid="Title 1" style="z-index:3;left:92.35px;top:64.65px;width:774.71px;height:105.16px" data-valign="middle" data-pointer-events="none"> <div id="s48_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:774.71px;height:105.16px;"><div><p para="{al:2}"><span data-textwidth="199.47" class="sg nowrap f1" style="z-index:2;color:#FFFFFF;font-size:222%; left:287.99px;top:29.61px;">Declarations</span></p></div></div></div> <div class="sg" id="s47" data-sgid="Picture 138" style="z-index:2;left:0.00px;top:-0.48px;width:960.38px;height:540.48px"> <img class="sg" src="36A481AF.png" id="s47_i" style="z-index:1;left:0px;top:0px;width:960.38px;height:540.48px" > </div> <div class="sg" id="s49" data-sgid="Content Placeholder 1" style="z-index:4;left:92.35px;top:197.39px;width:774.71px;height:292.74px" data-valign="top" data-pointer-events="none"> <div id="s49_t" class="sg" style="z-index:2;left:-3.00px;top:-3.94px;width:777.72px;height:296.68px;"><div><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="464.35" class="sg nowrap f3" style="z-index:2;left:10.75px;top:7.63px;">•<span class="f2" ><span style="letter-spacing:7.68px"> </span>Key information unique to the risk appear in the Declarations</span></span></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="425.23" class="sg nowrap f3" style="z-index:4;left:10.75px;top:37.16px;">•<span class="f2" ><span style="letter-spacing:7.68px"> </span>It is important to be able to identify the named insured.</span></span></p><p para="{in:2,bl:{ch:8226},spbf:5.00}"><span data-textwidth="610.06" class="sg nowrap f3" style="z-index:6;left:46.75px;top:61.53px;">•<span class="f2" ><span style="letter-spacing:7.69px"> </span>Sole proprietorship – name of the owner and name of the business they operate.</span></span></p><p para="{in:2,bl:{ch:8226},spbf:5.00}"><span data-textwidth="142.23" class="sg nowrap f3" style="z-index:10;left:46.75px;top:86.01px;">•<span class="f2" ><span style="letter-spacing:7.69px"> </span>Blanket coverage</span></span></p><p></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="679.67" class="sg nowrap f3" style="z-index:12;left:10.75px;top:139.90px;">•<span class="f2" ><span style="letter-spacing:7.68px"> </span>In addition to identifying the insured, the other items usual to a Declarations page include:</span></span></p><p para="{in:2,bl:{ch:111},spbf:5.00}"><span data-textwidth="262.97" class="sg nowrap f6" style="z-index:14;left:46.75px;top:166.43px;">o<span class="f2" style="position:relative;bottom:2px;"><span style="letter-spacing:3.13px"> </span>Property insured and it’s address;</span></span></p><p para="{in:2,bl:{ch:111},spbf:5.00}"><span data-textwidth="419.48" class="sg nowrap f6" style="z-index:16;left:46.75px;top:190.80px;">o<span class="f2" style="position:relative;bottom:2px;"><span style="letter-spacing:3.13px"> </span>Occupancy of the building or use of the insured object;</span></span></p><p para="{in:2,bl:{ch:111},spbf:5.00}"><span data-textwidth="306.42" class="sg nowrap f6" style="z-index:18;left:46.75px;top:215.28px;">o<span class="f2" style="position:relative;bottom:2px;"><span style="letter-spacing:3.13px"> </span>Any loss payees other than the insured;</span></span></p></div></div></div> <div class="sg" id="s52" data-sgid="Audio 2" style="z-index:7;left:878.11px;top:458.21px;width:64.88px;height:64.88px" data-href=""> <audio type="audio/mpeg" xmlns="audio" src="11408A8B.mp3" preload="auto" data-startpoint="0" data-duration="1000000"></audio><img class="sg" src="1F635CB065x65.png" id="s52_i" style="z-index:1;left:0px;top:0px;width:64.88px;height:64.88px" > </div> <div class="sg" id="s51" data-sgid="Slide Number Placeholder 3" style="z-index:6;left:851.46px;top:489.16px;width:45.82px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s51_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:45.82px;height:25.67px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="5.52" class="sg nowrap f3" style="z-index:2;color:#898989;font-size:56%; left:33.33px;top:8.87px;">5</span></p></div></div></div> <div class="sg" id="s50" data-sgid="Footer Placeholder 1" style="z-index:5;left:62.98px;top:489.16px;width:518.99px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s50_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:518.99px;height:25.67px;"><div><p para="{spaf:6.00}"><span data-textwidth="200.91" class="sg nowrap f2" style="z-index:2;color:#898989;font-size:56%; left:7.71px;top:8.27px;">© Copyright MRD Training & Consulting Inc. 2014</span></p></div></div></div> <div class="sg" id="s55" data-sgid="Rectangle 140" style="z-index:3;left:396.76px;top:35.01px;width:167.45px;height:150.27px" data-fillcolor="10855845"> <img class="sg" src="C23DC53D167x150.png" id="s55_i" style="z-index:1;left:0px;top:0px;width:167.45px;height:150.27px" > </div> <div class="sg" id="s56" data-sgid="Slide Number Placeholder 3" style="z-index:4;left:420.89px;top:61.53px;width:116.34px;height:97.84px" data-valign="middle" data-pointer-events="none"> <div id="s56_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:116.34px;height:100.26px;"><div><p para="{al:2,spaf:6.00}"><span data-textwidth="24.48" class="sg nowrap f3" style="z-index:2;color:#FFFFFF;font-size:244%; left:46.35px;top:26.69px;">6</span></p></div></div></div> <div class="sg" id="s53" data-sgid="Rectangle 138" style="z-index:1;left:35.85px;top:35.01px;width:347.37px;height:309.16px" data-fillcolor="5855577"> <img class="sg" src="8BC5FBAB347x309.png" id="s53_i" style="z-index:1;left:0px;top:0px;width:347.37px;height:309.16px" > </div> <div class="sg sgTitle" id="s54" data-sgid="Title 1" style="z-index:2;left:60.46px;top:59.49px;width:296.73px;height:263.69px" data-valign="middle" data-pointer-events="none"> <div id="s54_t" class="sg" style="z-index:2;left:-19.20px;top:0.00px;width:315.93px;height:263.69px;"><div><p><span data-textwidth="167.67" class="sg nowrap f1" style="z-index:2;color:#FFFFFF;font-size:244%; left:26.91px;top:107.31px;">Wordings</span></p></div></div></div> <div class="sg" id="s59" data-sgid="Rectangle 144" style="z-index:7;left:575.00px;top:35.01px;width:348.79px;height:468.91px" data-fillcolor="16777215"> <img class="sg" src="196E603349x469.png" id="s59_i" style="z-index:1;left:0px;top:0px;width:348.79px;height:468.91px" > </div> <div class="sg" id="s57" data-sgid="Graphic 135" style="z-index:5;left:412.11px;top:202.18px;width:135.20px;height:135.29px"> <img class="sg" src="5D9C7517135x135.png" id="s57_i" title="" alt="Document" style="z-index:1;left:0px;top:0px;width:135.20px;height:135.29px" > </div> <div class="sg" id="s60" data-sgid="Content Placeholder 1" style="z-index:8;left:602.22px;top:62.13px;width:296.76px;height:416.00px" data-valign="middle" data-pointer-events="none"> <div id="s60_t" class="sg" style="z-index:2;left:-3.94px;top:0.00px;width:301.15px;height:416.00px;"><div><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="273.52" class="sg nowrap f3" style="z-index:2;font-size:111%; left:12.02px;top:31.41px;">•<span class="f2" ><span style="letter-spacing:6.48px"> </span>Each insurer is likely to have its </span></span><span data-textwidth="163.95" class="sg nowrap f2" style="z-index:4;font-size:111%; left:30.02px;top:52.94px;">own versions of the </span><span data-textwidth="246.28" class="sg nowrap f2" style="z-index:5;font-size:111%; left:30.02px;top:74.54px;">standardized named peril and </span><span data-textwidth="160.83" class="sg nowrap f2" style="z-index:6;font-size:111%; left:30.02px;top:96.14px;">all risk policy forms.</span></p><p></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="231.16" class="sg nowrap f3" style="z-index:7;font-size:111%; left:12.02px;top:159.48px;">•<span class="f2" ><span style="letter-spacing:6.48px"> </span>A suitable standard policy </span></span><span data-textwidth="247.00" class="sg nowrap f2" style="z-index:9;font-size:111%; left:30.02px;top:181.00px;">wording (also called “printed” </span><span data-textwidth="215.32" class="sg nowrap f2" style="z-index:10;font-size:111%; left:30.02px;top:202.61px;">policy) is appended to the </span><span data-textwidth="106.22" class="sg nowrap f2" style="z-index:11;font-size:111%; left:30.02px;top:224.21px;">Declarations.</span></p><p></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="277.24" class="sg nowrap f3" style="z-index:12;font-size:111%; left:12.02px;top:287.43px;">•<span class="f4" style="font-weight:bold; "><span style="letter-spacing:6.48px"> </span>Manuscript wordings</span><span class="f2" >: specially </span></span><span data-textwidth="244.96" class="sg nowrap f2" style="z-index:15;font-size:111%; left:30.02px;top:308.95px;">drafted as a joint effort of the </span><span data-textwidth="162.63" class="sg nowrap f2" style="z-index:16;font-size:111%; left:30.02px;top:330.56px;">insurer and insured.</span></p></div></div></div> <div class="sg" id="s58" data-sgid="Rectangle 142" style="z-index:6;left:35.63px;top:355.32px;width:527.99px;height:148.60px" data-fillcolor="16777215"> <img class="sg" src="C4C8FC07528x149.png" id="s58_i" style="z-index:1;left:0px;top:0px;width:527.99px;height:148.60px" > </div> <div class="sg" id="s62" data-sgid="Audio 2" style="z-index:10;left:878.11px;top:458.21px;width:64.88px;height:64.88px" data-href=""> <audio type="audio/mpeg" xmlns="audio" src="62486B4F.mp3" preload="auto" data-startpoint="0" data-duration="1000000"></audio><img class="sg" src="1F635CB065x65.png" id="s62_i" style="z-index:1;left:0px;top:0px;width:64.88px;height:64.88px" > </div> <div class="sg" id="s61" data-sgid="Footer Placeholder 1" style="z-index:9;left:35.85px;top:503.69px;width:526.32px;height:29.62px" data-valign="middle" data-pointer-events="none"> <div id="s61_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:526.32px;height:29.62px;"><div><p para="{spaf:6.00}"><span data-textwidth="211.48" class="sg nowrap f2" style="z-index:2;color:#404040;font-size:61%; left:7.72px;top:9.82px;">© Copyright MRD Training & Consulting Inc. 2014</span></p></div></div></div> <div class="sg" id="s63" data-sgid="Rectangle 74" style="z-index:1;left:24.84px;top:24.71px;width:909.74px;height:490.13px" data-fillcolor="16777215"> <img class="sg" src="8DC44878910x490.png" id="s63_i" style="z-index:1;left:0px;top:0px;width:909.74px;height:490.13px" > </div> <div class="sg sgTitle" id="s64" data-sgid="Title 1" style="z-index:2;left:65.48px;top:75.32px;width:275.89px;height:388.91px" data-valign="middle" data-pointer-events="none"> <div id="s64_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:305.03px;height:388.91px;"><div><p para="{al:3}"><span data-textwidth="173.19" class="sg nowrap f1" style="z-index:2;color:#1D9A78;font-size:244%; left:104.95px;top:74.91px;">Statutory </span><span data-textwidth="199.11" class="sg nowrap f1" style="z-index:3;color:#1D9A78;font-size:244%; left:79.26px;top:122.44px;">Conditions </span><span data-textwidth="161.91" class="sg nowrap f1" style="z-index:4;color:#1D9A78;font-size:244%; left:116.35px;top:169.97px;">(General </span><span data-textwidth="241.84" class="sg nowrap f1" style="z-index:5;color:#1D9A78;font-size:244%; left:36.66px;top:217.50px;">Conditions in </span><span data-textwidth="150.51" class="sg nowrap f1" style="z-index:6;color:#1D9A78;font-size:244%; left:117.91px;top:265.03px;">Quebec)</span></p></div></div></div> <div class="sg" id="s65" data-sgid="Straight Connector 76" style="z-index:3;left:365.10px;top:161.42px;width:2.41px;height:217.42px" data-pointer-events="none"> <img class="sg" src="5ABA20C52x217.png" id="s65_i" style="z-index:1;left:0px;top:0px;width:1.41px;height:217.42px" > </div> <div class="sg" id="s66" data-sgid="Content Placeholder 1" style="z-index:4;left:391.12px;top:75.32px;width:502.82px;height:388.91px" data-valign="middle" data-pointer-events="none"> <div id="s66_t" class="sg" style="z-index:2;left:-6.34px;top:0.00px;width:515.14px;height:388.91px;"><div><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="443.23" class="sg nowrap f3" style="z-index:2;font-size:133%; left:14.29px;top:28.78px;">•<span class="f2" ><span style="letter-spacing:4.20px"> </span>Set out in the Provincial Insurance Acts and </span></span><span data-textwidth="468.44" class="sg nowrap f4" style="z-index:4;font-weight:bold; font-size:133%; left:32.29px;top:55.39px;">must be a part of every fire policy<span class="f2" style="font-weight:normal; "> issued in the </span></span><span data-textwidth="410.47" class="sg nowrap f2" style="z-index:6;font-size:133%; left:32.29px;top:81.31px;">common law provinces and apply to most </span><span data-textwidth="163.83" class="sg nowrap f2" style="z-index:7;font-size:133%; left:32.29px;top:107.24px;">property policies</span></p><p></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="481.88" class="sg nowrap f3" style="z-index:8;font-size:133%; left:14.29px;top:178.46px;">•<span class="f2" ><span style="letter-spacing:4.20px"> </span>If omitted Acts provide that they are to be read </span></span><span data-textwidth="143.54" class="sg nowrap f2" style="z-index:10;font-size:133%; left:32.29px;top:205.06px;">into the policy.</span></p><p></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="291.53" class="sg nowrap f3" style="z-index:11;font-size:133%; left:14.29px;top:276.28px;">•<span class="f2" ><span style="letter-spacing:4.20px"> </span>Quebec: General Conditions</span></span></p><p para="{in:2,bl:{ch:8226},spbf:5.00}"><span data-textwidth="384.55" class="sg nowrap f3" style="z-index:13;font-size:133%; left:50.29px;top:307.12px;">•<span class="f2" ><span style="letter-spacing:4.21px"> </span>Quebec Insurance Acts permits some </span></span><span data-textwidth="397.99" class="sg nowrap f2" style="z-index:15;font-size:133%; left:68.30px;top:333.73px;">deviation in certain areas of these forms.</span></p></div></div></div> <div class="sg" id="s67" data-sgid="Footer Placeholder 1" style="z-index:5;left:391.12px;top:474.30px;width:414.88px;height:29.62px" data-valign="middle" data-pointer-events="none"> <img class="sg" src="CB133B02.png" id="s67_tt" style="left:0.00px;top:0.00px;width:414.88px;height:29.62px;z-index:1" > </div> <div class="sg" id="s68" data-sgid="Slide Number Placeholder 3" style="z-index:6;left:831.44px;top:474.30px;width:62.50px;height:29.62px" data-valign="middle" data-pointer-events="none"> <img class="sg" src="69572904125x59.png" id="s68_tt" style="left:0.00px;top:0.00px;width:62.50px;height:29.62px;z-index:1" > </div> <div class="sg" id="s69" data-sgid="Audio 2" style="z-index:7;left:878.11px;top:458.21px;width:64.88px;height:64.88px" data-href=""> <audio type="audio/mpeg" xmlns="audio" src="B91C1ABE.mp3" preload="auto" data-startpoint="0" data-duration="1000000"></audio><img class="sg" src="1F635CB065x65.png" id="s69_i" style="z-index:1;left:0px;top:0px;width:64.88px;height:64.88px" > </div> <div class="sg" id="s74" data-sgid="Content Placeholder 1" style="z-index:5;left:478.94px;top:62.61px;width:418.34px;height:412.51px" data-valign="middle" data-pointer-events="none"> <div id="s74_t" class="sg" style="z-index:2;left:-7.33px;top:0.00px;width:425.67px;height:412.51px;"><div><p para="{spbf:10.00}"><span data-textwidth="340.02" class="sg nowrap f2" style="z-index:2;font-size:133%; left:15.19px;top:82.62px;">Not all policies have endorsements</span></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="298.61" class="sg nowrap f3" style="z-index:3;font-size:133%; left:15.19px;top:117.95px;">•<span class="f2" ><span style="letter-spacing:4.20px"> </span>Should be reviewed carefully</span></span></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="368.94" class="sg nowrap f3" style="z-index:5;font-size:133%; left:15.19px;top:153.84px;">•<span class="f2" ><span style="letter-spacing:4.20px"> </span>Some broaden coverage (additional </span></span><span data-textwidth="198.99" class="sg nowrap f2" style="z-index:7;font-size:133%; left:33.19px;top:180.44px;">coverage requested)</span></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="350.10" class="sg nowrap f3" style="z-index:8;font-size:133%; left:15.19px;top:215.65px;">•<span class="f2" ><span style="letter-spacing:4.20px"> </span>Some limit coverage (underwriter </span></span><span data-textwidth="189.63" class="sg nowrap f2" style="z-index:10;font-size:133%; left:33.19px;top:242.26px;">deemed necessary)</span></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="393.78" class="sg nowrap f3" style="z-index:11;font-size:133%; left:15.19px;top:277.59px;">•<span class="f2" ><span style="letter-spacing:4.20px"> </span>Some endorsements are standard and </span></span><span data-textwidth="209.19" class="sg nowrap f2" style="z-index:13;font-size:133%; left:33.19px;top:304.19px;">will be reviewed later</span></p></div></div></div> <div class="sg" id="s71" data-sgid="Rectangle 76" style="z-index:2;left:0.00px;top:-0.48px;width:960.38px;height:540.48px" data-pointer-events="none"> <img class="sg" src="3080AEBB.jpg" id="s71_i" style="z-index:1;left:0px;top:0px;width:960.38px;height:540.48px" > </div> <div class="sg" id="s72" data-sgid="Picture 78" style="z-index:3;left:0.00px;top:-0.48px;width:960.38px;height:540.48px"> <img class="sg" src="771E4C0C.png" id="s72_i" style="z-index:1;left:0px;top:0px;width:960.38px;height:540.48px" > </div> <div class="sg" id="s70" data-sgid="Rectangle 74" style="z-index:1;left:0.00px;top:-0.48px;width:479.54px;height:540.48px" data-pointer-events="none"> <img class="sg" src="1A24E7DF480x540.png" id="s70_i" style="z-index:1;left:0px;top:0px;width:479.54px;height:540.48px" > </div> <div class="sg sgTitle" id="s73" data-sgid="Title 1" style="z-index:4;left:49.90px;top:161.16px;width:289.54px;height:218.04px" data-valign="middle" data-pointer-events="none"> <div id="s73_t" class="sg" style="z-index:2;left:-19.31px;top:0.00px;width:308.85px;height:218.04px;"><div><p><span data-textwidth="253.96" class="sg nowrap f1" style="z-index:2;color:#FFFFFF;font-size:244%; left:27.02px;top:84.49px;">Endorsements</span></p></div></div></div> <div class="sg" id="s77" data-sgid="Audio 2" style="z-index:8;left:878.11px;top:458.21px;width:64.88px;height:64.88px" data-href=""> <audio type="audio/mpeg" xmlns="audio" src="CD6E384.mp3" preload="auto" data-startpoint="0" data-duration="1000000"></audio><img class="sg" src="1F635CB065x65.png" id="s77_i" style="z-index:1;left:0px;top:0px;width:64.88px;height:64.88px" > </div> <div class="sg" id="s76" data-sgid="Slide Number Placeholder 3" style="z-index:7;left:851.46px;top:489.16px;width:45.82px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s76_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:45.82px;height:25.67px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="5.52" class="sg nowrap f3" style="z-index:2;color:#898989;font-size:56%; left:33.33px;top:8.87px;">8</span></p></div></div></div> <div class="sg" id="s75" data-sgid="Footer Placeholder 1" style="z-index:6;left:435.16px;top:489.16px;width:417.15px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s75_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:417.15px;height:25.67px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="200.91" class="sg nowrap f2" style="z-index:2;color:#898989;font-size:56%; left:209.23px;top:8.27px;">© Copyright MRD Training & Consulting Inc. 2014</span></p></div></div></div> <div class="sg" id="s81" data-sgid="Content Placeholder 1" style="z-index:4;left:478.94px;top:62.61px;width:418.34px;height:412.51px" data-valign="middle" data-pointer-events="none"> <div id="s81_t" class="sg" style="z-index:2;left:-5.18px;top:0.00px;width:434.08px;height:412.51px;"><div><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="356.46" class="sg nowrap f3" style="z-index:2;font-size:122%; left:13.04px;top:23.49px;">•<span class="f2" ><span style="letter-spacing:5.28px"> </span>All-risk insurance such as Commercial </span></span><span data-textwidth="377.70" class="sg nowrap f2" style="z-index:6;font-size:122%; left:31.04px;top:47.05px;">Property Floater and Commercial Building </span><span data-textwidth="282.77" class="sg nowrap f2" style="z-index:7;font-size:122%; left:31.04px;top:70.82px;">Form are most commonly used.</span></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="326.93" class="sg nowrap f3" style="z-index:8;font-size:122%; left:13.04px;top:104.75px;">•<span class="f2" ><span style="letter-spacing:5.28px"> </span>Printed wordings comprise mainly:</span></span></p><p para="{in:2,bl:{nbr:1,val:1,st:3},spbf:5.00}"><span data-textwidth="364.01" class="sg nowrap f2" style="z-index:10;font-size:122%; left:49.05px;top:133.35px;">1.<span style="letter-spacing:14.40px"> </span>Descriptions of the property insured </span><span data-textwidth="271.13" class="sg nowrap f2" style="z-index:12;font-size:122%; left:85.05px;top:157.12px;">including its location, detailed </span><span data-textwidth="313.49" class="sg nowrap f2" style="z-index:13;font-size:122%; left:85.05px;top:180.88px;">definitions of building, equipment, </span><span data-textwidth="32.65" class="sg nowrap f2" style="z-index:14;font-size:122%; left:85.05px;top:204.65px;">etc.</span></p><p para="{in:2,bl:{nbr:2,val:1,st:3},spbf:5.00}"><span data-textwidth="243.51" class="sg nowrap f2" style="z-index:15;font-size:122%; left:49.05px;top:233.34px;">2.<span style="letter-spacing:14.40px"> </span>Standard clauses which</span></p><p para="{in:3,bl:{ch:8226},spbf:6.00}"><span data-textwidth="340.38" class="sg nowrap f3" style="z-index:17;font-size:122%; left:80.61px;top:263.30px;">•<span class="f2" ><span style="letter-spacing:23.29px"> </span>Widen the coverage, for instance, </span></span><span data-textwidth="202.59" class="sg nowrap f2" style="z-index:19;font-size:122%; left:116.62px;top:286.87px;">the permissions clause</span></p><p para="{in:3,bl:{ch:8226},spbf:6.00}"><span data-textwidth="302.33" class="sg nowrap f3" style="z-index:20;font-size:122%; left:80.61px;top:316.83px;">•<span class="f2" ><span style="letter-spacing:23.29px"> </span>Control the way the coverage </span></span><span data-textwidth="273.17" class="sg nowrap f2" style="z-index:22;font-size:122%; left:116.62px;top:340.40px;">operates, e.g. the coinsurance </span><span data-textwidth="61.45" class="sg nowrap f2" style="z-index:23;font-size:122%; left:116.62px;top:364.16px;">clause.</span></p></div></div></div> <div class="sg" id="s79" data-sgid="Picture 138" style="z-index:2;left:0.00px;top:-0.48px;width:960.38px;height:540.48px"> <img class="sg" src="771E4C0C.png" id="s79_i" style="z-index:1;left:0px;top:0px;width:960.38px;height:540.48px" > </div> <div class="sg" id="s78" data-sgid="Rectangle 136" style="z-index:1;left:0.00px;top:-0.48px;width:480.25px;height:540.48px" data-pointer-events="none"> <img class="sg" src="5D1D115.jpg" id="s78_i" style="z-index:1;left:0px;top:0px;width:480.25px;height:540.48px" > </div> <div class="sg sgTitle" id="s80" data-sgid="Title 1" style="z-index:3;left:49.90px;top:161.16px;width:289.54px;height:218.04px" data-valign="middle" data-pointer-events="none"> <div id="s80_t" class="sg" style="z-index:2;left:-19.31px;top:0.00px;width:320.72px;height:218.04px;"><div><p><span data-textwidth="201.03" class="sg nowrap f1" style="z-index:2;color:#FFFFFF;font-size:244%; left:27.02px;top:60.73px;">Commonly </span><span data-textwidth="267.28" class="sg nowrap f1" style="z-index:3;color:#FFFFFF;font-size:244%; left:27.02px;top:108.26px;">Used Wordings</span></p></div></div></div> <div class="sg" id="s84" data-sgid="Audio 2" style="z-index:7;left:878.11px;top:458.21px;width:64.88px;height:64.88px" data-href=""> <audio type="audio/mpeg" xmlns="audio" src="E9200C5C.mp3" preload="auto" data-startpoint="0" data-duration="1000000"></audio><img class="sg" src="1F635CB065x65.png" id="s84_i" style="z-index:1;left:0px;top:0px;width:64.88px;height:64.88px" > </div> <div class="sg" id="s83" data-sgid="Slide Number Placeholder 3" style="z-index:6;left:851.46px;top:489.16px;width:45.82px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s83_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:45.82px;height:25.67px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="5.52" class="sg nowrap f3" style="z-index:2;color:#898989;font-size:56%; left:33.33px;top:8.87px;">9</span></p></div></div></div> <div class="sg" id="s82" data-sgid="Footer Placeholder 1" style="z-index:5;left:435.16px;top:489.16px;width:417.15px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s82_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:417.15px;height:25.67px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="200.91" class="sg nowrap f2" style="z-index:2;color:#898989;font-size:56%; left:209.23px;top:8.27px;">© Copyright MRD Training & Consulting Inc. 2014</span></p></div></div></div> <div class="sg" id="s88" data-sgid="Content Placeholder 1" style="z-index:4;left:478.94px;top:62.61px;width:418.34px;height:412.51px" data-valign="middle" data-pointer-events="none"> <div id="s88_t" class="sg" style="z-index:2;left:-5.18px;top:0.00px;width:434.20px;height:412.51px;"><div><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="367.26" class="sg nowrap f3" style="z-index:2;font-size:122%; left:13.04px;top:17.01px;">•<span class="f2" ><span style="letter-spacing:5.28px"> </span>Obtain copies of those policy wordings </span></span><span data-textwidth="357.78" class="sg nowrap f2" style="z-index:4;font-size:122%; left:31.04px;top:40.57px;">used by the companies you do business </span><span data-textwidth="45.13" class="sg nowrap f2" style="z-index:5;font-size:122%; left:31.04px;top:64.34px;">with.</span></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="372.18" class="sg nowrap f3" style="z-index:6;font-size:122%; left:13.04px;top:98.27px;">•<span class="f2" ><span style="letter-spacing:5.28px"> </span>Read wording with two objects in mind:</span></span></p><p para="{in:2,bl:{nbr:1,val:1,st:3},spbf:5.00}"><span data-textwidth="266.56" class="sg nowrap f2" style="z-index:8;font-size:122%; left:49.05px;top:126.87px;">1.<span style="letter-spacing:14.40px"> </span>Coverage and Restrictions</span></p><p para="{in:2,bl:{nbr:2,val:1,st:3},spbf:5.00}"><span data-textwidth="350.81" class="sg nowrap f2" style="z-index:10;font-size:122%; left:49.05px;top:155.56px;">2.<span style="letter-spacing:14.40px"> </span>Essential underwriting information.</span></p><p para="{spbf:10.00}"><span data-textwidth="360.06" class="sg nowrap f2" style="z-index:12;font-size:122%; left:17.60px;top:189.41px;">Certain insurances, such as Automobile, </span><span data-textwidth="355.74" class="sg nowrap f2" style="z-index:13;font-size:122%; left:17.60px;top:213.17px;">Accident and Sickness, and Life, require </span><span data-textwidth="243.76" class="sg nowrap f2" style="z-index:14;font-size:122%; left:17.60px;top:236.94px;">written applications by law.</span></p><p para="{spbf:10.00}"><span data-textwidth="403.51" class="sg nowrap f2" style="z-index:15;font-size:122%; left:17.60px;top:270.66px;">A properly completed and signed application </span><span data-textwidth="319.25" class="sg nowrap f2" style="z-index:16;font-size:122%; left:17.60px;top:294.43px;">is invaluable. It provides rating and </span><span data-textwidth="366.90" class="sg nowrap f2" style="z-index:17;font-size:122%; left:17.60px;top:318.19px;">underwriting information and helps with </span><span data-textwidth="80.41" class="sg nowrap f2" style="z-index:18;font-size:122%; left:17.60px;top:341.96px;">disputes.</span></p></div></div></div> <div class="sg" id="s86" data-sgid="Picture 138" style="z-index:2;left:0.00px;top:-0.48px;width:960.38px;height:540.48px"> <img class="sg" src="771E4C0C.png" id="s86_i" style="z-index:1;left:0px;top:0px;width:960.38px;height:540.48px" > </div> <div class="sg" id="s85" data-sgid="Rectangle 136" style="z-index:1;left:0.00px;top:-0.48px;width:480.25px;height:540.48px" data-pointer-events="none"> <img class="sg" src="66BED011.jpg" id="s85_i" style="z-index:1;left:0px;top:0px;width:480.25px;height:540.48px" > </div> <div class="sg sgTitle" id="s87" data-sgid="Title 1" style="z-index:3;left:49.90px;top:161.16px;width:289.54px;height:218.04px" data-valign="middle" data-pointer-events="none"> <div id="s87_t" class="sg" style="z-index:2;left:-19.31px;top:0.00px;width:320.72px;height:218.04px;"><div><p><span data-textwidth="201.03" class="sg nowrap f1" style="z-index:2;color:#FFFFFF;font-size:244%; left:27.02px;top:60.73px;">Commonly </span><span data-textwidth="267.28" class="sg nowrap f1" style="z-index:3;color:#FFFFFF;font-size:244%; left:27.02px;top:108.26px;">Used Wordings</span></p></div></div></div> <div class="sg" id="s91" data-sgid="Audio 2" style="z-index:7;left:878.11px;top:458.21px;width:64.88px;height:64.88px" data-href=""> <audio type="audio/mpeg" xmlns="audio" src="36C76BF9.mp3" preload="auto" data-startpoint="0" data-duration="1000000"></audio><img class="sg" src="1F635CB065x65.png" id="s91_i" style="z-index:1;left:0px;top:0px;width:64.88px;height:64.88px" > </div> <div class="sg" id="s90" data-sgid="Slide Number Placeholder 3" style="z-index:6;left:851.46px;top:489.16px;width:45.82px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s90_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:45.82px;height:25.67px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="11.04" class="sg nowrap f3" style="z-index:2;color:#898989;font-size:56%; left:27.81px;top:8.87px;">10</span></p></div></div></div> <div class="sg" id="s89" data-sgid="Footer Placeholder 1" style="z-index:5;left:435.16px;top:489.16px;width:417.15px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s89_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:417.15px;height:25.67px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="200.91" class="sg nowrap f2" style="z-index:2;color:#898989;font-size:56%; left:209.23px;top:8.27px;">© Copyright MRD Training & Consulting Inc. 2014</span></p></div></div></div> <div class="sg" id="s94" data-sgid="Slide Number Placeholder 3" style="z-index:5;left:823.54px;top:24.71px;width:72.78px;height:26.01px" data-valign="middle" data-pointer-events="none"> <div id="s94_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:72.78px;height:27.21px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="12.60" class="sg nowrap f3" style="z-index:2;color:#D9D9D9;font-size:67%; left:53.09px;top:7.26px;">11</span></p></div></div></div> <div class="sg" id="s95" data-sgid="Content Placeholder 1" style="z-index:6;left:402.54px;top:24.71px;width:495.23px;height:451.97px" data-valign="middle" data-pointer-events="none"> <div id="s95_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:501.71px;height:451.97px;"><div><p para="{in:2,spbf:5.00}"><span data-textwidth="437.00" class="sg nowrap f4" style="z-index:2;color:#FFFFFF;font-weight:bold; font-size:111%; left:43.93px;top:46.07px;">Package Policies<span class="f2" style="font-weight:normal; "> – Many businesses under (a) and (b) </span></span><span data-textwidth="429.43" class="sg nowrap f2" style="z-index:5;color:#FFFFFF;font-size:111%; left:43.93px;top:67.67px;">can be insured under package policies which include </span><span data-textwidth="376.38" class="sg nowrap f2" style="z-index:6;color:#FFFFFF;font-size:111%; left:43.93px;top:89.27px;">coverages such as liability, crime and business </span><span data-textwidth="103.70" class="sg nowrap f2" style="z-index:7;color:#FFFFFF;font-size:111%; left:43.93px;top:110.88px;">interruption.</span></p><p></p><p para="{in:2,spbf:5.00}"><span data-textwidth="445.76" class="sg nowrap f4" style="z-index:8;color:#FFFFFF;font-weight:bold; font-size:111%; left:43.93px;top:164.05px;">Building and Contents<span class="f2" style="font-weight:normal; "> – used for larger risks that have </span></span><span data-textwidth="256.12" class="sg nowrap f2" style="z-index:11;color:#FFFFFF;font-size:111%; left:43.93px;top:185.66px;">only “incidental” stock to cover.</span></p><p></p><p para="{in:2,spbf:5.00}"><span data-textwidth="434.12" class="sg nowrap f4" style="z-index:12;color:#FFFFFF;font-weight:bold; font-size:111%; left:43.93px;top:238.95px;">Building, Equipment and Stock<span class="f2" style="font-weight:normal; "> – Also used for larger </span></span><span data-textwidth="441.19" class="sg nowrap f2" style="z-index:15;color:#FFFFFF;font-size:111%; left:43.93px;top:260.55px;">risks where stock is part of the business. Two versions:</span></p><p para="{in:3,bl:{ch:8226},spbf:6.00}"><span data-textwidth="410.35" class="sg nowrap f3" style="z-index:16;color:#99CB38;font-size:111%; left:75.50px;top:288.24px;">•<span class="f2" style="color:#FFFFFF;"><span style="letter-spacing:24.49px"> </span>Non-sprinklered: with or without coinsurance </span></span><span data-textwidth="108.14" class="sg nowrap f2" style="z-index:20;color:#FFFFFF;font-size:111%; left:111.51px;top:309.76px;">(usually 80%)</span></p><p para="{in:3,bl:{ch:8226},spbf:6.00}"><span data-textwidth="325.86" class="sg nowrap f3" style="z-index:21;color:#99CB38;font-size:111%; left:75.50px;top:337.45px;">•<span class="f2" style="color:#FFFFFF;"><span style="letter-spacing:24.49px"> </span>Sprinklered: normally calls for 90% </span></span><span data-textwidth="97.70" class="sg nowrap f2" style="z-index:23;color:#FFFFFF;font-size:111%; left:111.51px;top:358.97px;">coinsurance</span></p></div></div></div> <div class="sg" id="s92" data-sgid="Group 136" style="z-index:1;left:62.50px;top:133.25px;width:290.14px;height:252.79px"> <img class="sg" src="962D3526.png" id="s92_i" style="z-index:1;left:0px;top:0px;width:290.14px;height:252.79px" > </div> <div class="sg sgTitle" id="s93" data-sgid="Title 1" style="z-index:4;left:70.77px;top:189.48px;width:272.49px;height:189.84px" data-valign="middle" data-pointer-events="none"> <div id="s93_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:272.49px;height:189.84px;"><div><p para="{al:2}"><span data-textwidth="125.18" class="sg nowrap f1" style="z-index:2;color:#FFFFFF;font-size:222%; left:78.29px;top:50.61px;">Printed </span><span data-textwidth="152.07" class="sg nowrap f1" style="z-index:3;color:#FFFFFF;font-size:222%; left:60.41px;top:93.82px;">Wordings</span></p></div></div></div> <div class="sg" id="s97" data-sgid="Audio 2" style="z-index:8;left:878.11px;top:458.21px;width:64.88px;height:64.88px" data-href=""> <audio type="audio/mpeg" xmlns="audio" src="DDF8C84.mp3" preload="auto" data-startpoint="0" data-duration="1000000"></audio><img class="sg" src="1F635CB065x65.png" id="s97_i" style="z-index:1;left:0px;top:0px;width:64.88px;height:64.88px" > </div> <div class="sg" id="s96" data-sgid="Footer Placeholder 1" style="z-index:7;left:62.84px;top:489.53px;width:834.21px;height:26.01px" data-valign="middle" data-pointer-events="none"> <div id="s96_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:834.21px;height:28.06px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="240.16" class="sg nowrap f2" style="z-index:2;color:#D9D9D9;font-size:67%; left:586.95px;top:7.18px;">© Copyright MRD Training & Consulting Inc. 2014</span></p></div></div></div> <div class="sg sgTitle" id="s101" data-sgid="Title 1" style="z-index:4;left:197.30px;top:14.87px;width:564.81px;height:105.19px" data-valign="middle" data-pointer-events="none"> <div id="s101_t" class="sg" style="z-index:2;left:-19.20px;top:0.00px;width:584.01px;height:105.19px;"><div><p><span data-textwidth="295.85" class="sg nowrap f1" style="z-index:2;color:#FFFFFF;font-size:244%; left:27.01px;top:27.94px;">Property Insured</span></p></div></div></div> <div class="sg" id="s102" data-sgid="Graphic 71" style="z-index:5;left:37.18px;top:134.55px;width:270.59px;height:270.44px"> <img class="sg" src="DACD1465.png" id="s102_i" title="" alt="City" style="z-index:1;left:0px;top:0px;width:270.59px;height:270.44px" > </div> <div class="sg" id="s100" data-sgid="Freeform 26" style="z-index:3;left:111.30px;top:-0.48px;width:848.60px;height:540.48px" data-fillcolor="16777215"> <img class="sg" src="80CE0212.png" id="s100_i" style="z-index:1;left:0px;top:0px;width:848.60px;height:540.48px" > </div> <div class="sg" id="s98" data-sgid="Rectangle 135" style="z-index:1;left:0.00px;top:-0.48px;width:960.15px;height:540.48px" data-fillcolor="16777215"> <img class="sg" src="537325B1960x540.png" id="s98_i" style="z-index:1;left:0px;top:0px;width:960.15px;height:540.48px" > </div> <div class="sg" id="s99" data-sgid="Freeform 28" style="z-index:2;left:75.08px;top:-0.48px;width:883.86px;height:540.48px" data-fillcolor="16777215"> <img class="sg" src="D0481C8A.png" id="s99_i" style="z-index:1;left:0px;top:0px;width:883.86px;height:540.48px" > </div> <div class="sg" id="s103" data-sgid="Content Placeholder 1" style="z-index:6;left:344.82px;top:119.21px;width:564.47px;height:367.21px" data-valign="top" data-pointer-events="none"> <div id="s103_t" class="sg" style="z-index:2;left:0.00px;top:-9.96px;width:564.47px;height:392.51px;"><div><p para="{in:2,spbf:6.00}"><span data-textwidth="104.90" class="sg nowrap f2" style="z-index:2;color:#FFFFFF;font-size:178%; left:43.92px;top:13.82px;">Building</span></p><p para="{in:2,spbf:6.00}"><span data-textwidth="149.30" class="sg nowrap f2" style="z-index:3;color:#FFFFFF;font-size:178%; left:43.92px;top:54.39px;">Equipment </span></p><p para="{in:2,spbf:6.00}"><span data-textwidth="70.09" class="sg nowrap f2" style="z-index:4;color:#FFFFFF;font-size:178%; left:43.92px;top:94.95px;">Stock</span></p><p para="{in:2,spbf:6.00}"><span data-textwidth="484.64" class="sg nowrap f2" style="z-index:5;color:#FFFFFF;font-size:178%; left:43.92px;top:135.52px;">Contents of Every Description (COED)</span></p><p para="{in:2,spbf:6.00}"><span data-textwidth="480.80" class="sg nowrap f2" style="z-index:6;color:#FFFFFF;font-size:178%; left:43.92px;top:176.09px;">Property of Every Description (POED)</span></p><p para="{in:2,spbf:6.00}"><span data-textwidth="235.84" class="sg nowrap f2" style="z-index:7;color:#FFFFFF;font-size:178%; left:43.92px;top:216.66px;">Property in transit</span></p><p para="{in:2,spbf:6.00}"><span data-textwidth="251.56" class="sg nowrap f2" style="z-index:8;color:#FFFFFF;font-size:178%; left:43.92px;top:257.23px;">Cash and Securities</span></p><p para="{in:2,spbf:6.00}"><span data-textwidth="277.61" class="sg nowrap f2" style="z-index:9;color:#FFFFFF;font-size:178%; left:43.92px;top:297.80px;">Business Interruption</span></p><p para="{in:2,spbf:6.00}"><span data-textwidth="180.99" class="sg nowrap f2" style="z-index:10;color:#FFFFFF;font-size:178%; left:43.92px;top:338.37px;">Extra Expense</span></p></div></div></div> <div class="sg" id="s105" data-sgid="Audio 2" style="z-index:8;left:878.11px;top:458.21px;width:64.88px;height:64.88px" data-href=""> <audio type="audio/mpeg" xmlns="audio" src="7C89B7F0.mp3" preload="auto" data-startpoint="0" data-duration="1000000"></audio><img class="sg" src="1F635CB065x65.png" id="s105_i" style="z-index:1;left:0px;top:0px;width:64.88px;height:64.88px" > </div> <div class="sg" id="s104" data-sgid="Footer Placeholder 1" style="z-index:7;left:317.38px;top:499.72px;width:324.69px;height:29.62px" data-valign="middle" data-pointer-events="none"> <img class="sg" src="C5F48FAA.png" id="s104_tt" style="left:0.00px;top:0.00px;width:324.69px;height:29.73px;z-index:1" > </div> <div class="sg" id="s110" data-sgid="Content Placeholder 1" style="z-index:5;left:478.94px;top:62.61px;width:418.34px;height:412.51px" data-valign="middle" data-pointer-events="none"> <div id="s110_t" class="sg" style="z-index:2;left:-6.37px;top:-0.48px;width:436.60px;height:417.93px;"><div><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="277.73" class="sg nowrap f3" style="z-index:2;font-size:133%; left:14.23px;top:9.57px;">•<span class="f4" style="font-weight:bold; "><span style="letter-spacing:4.20px"> </span>Monthly report of values</span><span class="f2" >: </span></span></p><p para="{in:2,bl:{ch:8226},spbf:5.00}"><span data-textwidth="283.36" class="sg nowrap f3" style="z-index:5;font-size:133%; left:50.24px;top:40.53px;">•<span class="f2" ><span style="letter-spacing:4.20px"> </span>Reports of values are done </span></span><span data-textwidth="271.49" class="sg nowrap f2" style="z-index:7;font-size:133%; left:68.24px;top:67.14px;">regularly (usually monthly). </span></p><p para="{in:2,bl:{ch:8226},spbf:5.00}"><span data-textwidth="338.33" class="sg nowrap f3" style="z-index:8;font-size:133%; left:50.24px;top:97.43px;">•<span class="f2" ><span style="letter-spacing:4.20px"> </span>Premium paid initially on 75% of </span></span><span data-textwidth="138.62" class="sg nowrap f2" style="z-index:10;font-size:133%; left:68.24px;top:124.03px;">insured limit. </span></p><p para="{in:2,bl:{ch:8226},spbf:5.00}"><span data-textwidth="343.49" class="sg nowrap f3" style="z-index:11;font-size:133%; left:50.24px;top:154.20px;">•<span class="f2" ><span style="letter-spacing:4.20px"> </span>End of the year the value reports </span></span><span data-textwidth="142.46" class="sg nowrap f2" style="z-index:13;font-size:133%; left:68.24px;top:180.80px;">are averaged. </span></p><p para="{in:2,bl:{ch:8226},spbf:5.00}"><span data-textwidth="281.56" class="sg nowrap f3" style="z-index:14;font-size:133%; left:50.24px;top:211.09px;">•<span class="f2" ><span style="letter-spacing:4.20px"> </span>The actual premium due is </span></span><span data-textwidth="354.06" class="sg nowrap f2" style="z-index:16;font-size:133%; left:68.24px;top:237.70px;">calculated on the average value and </span><span data-textwidth="309.05" class="sg nowrap f2" style="z-index:17;font-size:133%; left:68.24px;top:263.62px;">the insured pays extra or gets a </span><span data-textwidth="78.37" class="sg nowrap f2" style="z-index:18;font-size:133%; left:68.24px;top:289.55px;">return. </span></p><p para="{in:2,bl:{ch:8226},spbf:5.00}"><span data-textwidth="222.75" class="sg nowrap f3" style="z-index:19;font-size:133%; left:50.24px;top:319.83px;">•<span class="f2" ><span style="letter-spacing:4.20px"> </span>Coinsurance is 100%.</span></span></p><p para="{in:2,bl:{ch:8226},spbf:5.00}"><span data-textwidth="361.37" class="sg nowrap f3" style="z-index:21;font-size:133%; left:50.24px;top:350.68px;">•<span class="f5" style="font-style:italic; "><span style="letter-spacing:4.20px"> </span>Disadvantage:</span><span class="f2" > Small firms may not </span></span><span data-textwidth="306.65" class="sg nowrap f2" style="z-index:24;font-size:133%; left:68.24px;top:377.29px;">be able to make regular reports</span></p></div></div></div> <div class="sg" id="s107" data-sgid="Rectangle 138" style="z-index:2;left:0.00px;top:-0.48px;width:960.38px;height:540.48px" data-pointer-events="none"> <img class="sg" src="3080AEBB.jpg" id="s107_i" style="z-index:1;left:0px;top:0px;width:960.38px;height:540.48px" > </div> <div class="sg" id="s108" data-sgid="Picture 140" style="z-index:3;left:0.00px;top:-0.48px;width:960.38px;height:540.48px"> <img class="sg" src="771E4C0C.png" id="s108_i" style="z-index:1;left:0px;top:0px;width:960.38px;height:540.48px" > </div> <div class="sg" id="s106" data-sgid="Rectangle 136" style="z-index:1;left:0.00px;top:-0.48px;width:479.54px;height:540.48px" data-pointer-events="none"> <img class="sg" src="1A24E7DF480x540.png" id="s106_i" style="z-index:1;left:0px;top:0px;width:479.54px;height:540.48px" > </div> <div class="sg sgTitle" id="s109" data-sgid="Title 1" style="z-index:4;left:49.90px;top:161.16px;width:289.54px;height:218.04px" data-valign="middle" data-pointer-events="none"> <div id="s109_t" class="sg" style="z-index:2;left:-19.31px;top:0.00px;width:308.85px;height:218.04px;"><div><p><span data-textwidth="105.14" class="sg nowrap f1" style="z-index:2;color:#FFFFFF;font-size:244%; left:27.02px;top:60.73px;">Stock </span><span data-textwidth="172.23" class="sg nowrap f1" style="z-index:3;color:#FFFFFF;font-size:244%; left:27.02px;top:108.26px;">Insurance</span></p></div></div></div> <div class="sg" id="s113" data-sgid="Audio 2" style="z-index:8;left:878.11px;top:458.21px;width:64.88px;height:64.88px" data-href=""> <audio type="audio/mpeg" xmlns="audio" src="4C483EC9.mp3" preload="auto" data-startpoint="0" data-duration="1000000"></audio><img class="sg" src="1F635CB065x65.png" id="s113_i" style="z-index:1;left:0px;top:0px;width:64.88px;height:64.88px" > </div> <div class="sg" id="s112" data-sgid="Slide Number Placeholder 3" style="z-index:7;left:851.46px;top:489.16px;width:45.82px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s112_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:45.82px;height:25.67px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="11.04" class="sg nowrap f3" style="z-index:2;color:#898989;font-size:56%; left:27.81px;top:8.87px;">13</span></p></div></div></div> <div class="sg" id="s111" data-sgid="Footer Placeholder 1" style="z-index:6;left:435.16px;top:489.16px;width:417.15px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s111_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:417.15px;height:25.67px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="200.91" class="sg nowrap f2" style="z-index:2;color:#898989;font-size:56%; left:209.23px;top:8.27px;">© Copyright MRD Training & Consulting Inc. 2014</span></p></div></div></div> <div class="sg" id="s117" data-sgid="Content Placeholder 1" style="z-index:4;left:478.94px;top:62.61px;width:418.34px;height:412.51px" data-valign="middle" data-pointer-events="none"> <div id="s117_t" class="sg" style="z-index:2;left:-6.37px;top:-15.01px;width:431.20px;height:427.52px;"><div><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="308.57" class="sg nowrap f3" style="z-index:2;font-size:133%; left:14.23px;top:9.69px;">•<span class="f4" style="font-weight:bold; "><span style="letter-spacing:4.20px"> </span>Premium Adjustment option:</span></span></p><p para="{in:2,bl:{ch:8226},spbf:5.00}"><span data-textwidth="293.93" class="sg nowrap f3" style="z-index:4;font-size:133%; left:50.24px;top:40.66px;">•<span class="f2" ><span style="letter-spacing:4.20px"> </span>Allows the insured to adjust </span></span><span data-textwidth="329.69" class="sg nowrap f2" style="z-index:6;font-size:133%; left:68.24px;top:67.26px;">premium after year-end but does </span><span data-textwidth="348.78" class="sg nowrap f2" style="z-index:9;font-size:133%; left:68.24px;top:93.19px;">not penalize them if they do not do </span><span data-textwidth="44.17" class="sg nowrap f2" style="z-index:10;font-size:133%; left:68.24px;top:119.12px;">so.   </span></p><p para="{in:2,bl:{ch:8226},spbf:5.00}"><span data-textwidth="358.38" class="sg nowrap f3" style="z-index:11;font-size:133%; left:50.24px;top:149.40px;">•<span class="f2" ><span style="letter-spacing:4.20px"> </span>This form has a deposit of 100% of </span></span><span data-textwidth="331.74" class="sg nowrap f2" style="z-index:13;font-size:133%; left:68.24px;top:176.01px;">the premium compared with 75% </span><span data-textwidth="193.23" class="sg nowrap f2" style="z-index:14;font-size:133%; left:68.24px;top:201.93px;">under the first plan.</span></p><p para="{in:2,bl:{ch:8226},spbf:6.00}"><span data-textwidth="319.01" class="sg nowrap f3" style="z-index:15;font-size:133%; left:50.24px;top:233.18px;">•<span class="f2" ><span style="letter-spacing:4.20px"> </span>Good for small firms unable to </span></span><span data-textwidth="286.73" class="sg nowrap f2" style="z-index:17;font-size:133%; left:68.24px;top:259.79px;">make regular reports of value</span></p><p para="{in:2,bl:{ch:8226},spbf:6.00}"><span data-textwidth="325.85" class="sg nowrap f3" style="z-index:18;font-size:133%; left:50.24px;top:291.04px;">•<span class="f2" ><span style="letter-spacing:4.20px"> </span>Not penalized by late reporting.</span></span></p><p para="{in:2,bl:{ch:8226},spbf:6.00}"><span data-textwidth="354.06" class="sg nowrap f3" style="z-index:20;font-size:133%; left:50.24px;top:322.96px;">•<span class="f2" ><span style="letter-spacing:4.20px"> </span>Adjustable stock plan “Stock Form </span></span><span data-textwidth="268.96" class="sg nowrap f2" style="z-index:22;font-size:133%; left:68.24px;top:349.57px;">(with Premium Adjustment </span><span data-textwidth="88.21" class="sg nowrap f2" style="z-index:23;font-size:133%; left:68.24px;top:375.49px;">Option)”.</span></p></div></div></div> <div class="sg" id="s115" data-sgid="Picture 138" style="z-index:2;left:0.00px;top:-0.48px;width:960.38px;height:540.48px"> <img class="sg" src="771E4C0C.png" id="s115_i" style="z-index:1;left:0px;top:0px;width:960.38px;height:540.48px" > </div> <div class="sg" id="s114" data-sgid="Rectangle 136" style="z-index:1;left:0.00px;top:-0.48px;width:480.25px;height:540.48px" data-pointer-events="none"> <img class="sg" src="BF86AA01.jpg" id="s114_i" style="z-index:1;left:0px;top:0px;width:480.25px;height:540.48px" > </div> <div class="sg sgTitle" id="s116" data-sgid="Title 1" style="z-index:3;left:49.90px;top:161.16px;width:289.54px;height:218.04px" data-valign="middle" data-pointer-events="none"> <div id="s116_t" class="sg" style="z-index:2;left:-19.31px;top:0.00px;width:308.85px;height:218.04px;"><div><p><span data-textwidth="105.14" class="sg nowrap f1" style="z-index:2;color:#FFFFFF;font-size:244%; left:27.02px;top:60.73px;">Stock </span><span data-textwidth="172.23" class="sg nowrap f1" style="z-index:3;color:#FFFFFF;font-size:244%; left:27.02px;top:108.26px;">Insurance</span></p></div></div></div> <div class="sg" id="s120" data-sgid="Audio 2" style="z-index:7;left:878.11px;top:458.21px;width:64.88px;height:64.88px" data-href=""> <audio type="audio/mpeg" xmlns="audio" src="766A7613.mp3" preload="auto" data-startpoint="0" data-duration="1000000"></audio><img class="sg" src="1F635CB065x65.png" id="s120_i" style="z-index:1;left:0px;top:0px;width:64.88px;height:64.88px" > </div> <div class="sg" id="s119" data-sgid="Slide Number Placeholder 3" style="z-index:6;left:851.46px;top:489.16px;width:45.82px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s119_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:45.82px;height:25.67px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="11.04" class="sg nowrap f3" style="z-index:2;color:#898989;font-size:56%; left:27.81px;top:8.87px;">14</span></p></div></div></div> <div class="sg" id="s118" data-sgid="Footer Placeholder 1" style="z-index:5;left:435.16px;top:489.16px;width:417.15px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s118_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:417.15px;height:25.67px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="200.91" class="sg nowrap f2" style="z-index:2;color:#898989;font-size:56%; left:209.23px;top:8.27px;">© Copyright MRD Training & Consulting Inc. 2014</span></p></div></div></div> <div class="sg" id="s124" data-sgid="Content Placeholder 1" style="z-index:4;left:478.94px;top:62.61px;width:418.34px;height:412.51px" data-valign="middle" data-pointer-events="none"> <div id="s124_t" class="sg" style="z-index:2;left:-5.18px;top:-22.81px;width:433.83px;height:435.32px;"><div><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="402.07" class="sg nowrap f3" style="z-index:2;font-size:122%; left:13.04px;top:9.09px;">•<span class="f4" style="font-weight:bold; "><span style="letter-spacing:5.28px"> </span>Peak Season Endorsement</span><span class="f2" > – increases the </span></span><span data-textwidth="356.82" class="sg nowrap f2" style="z-index:6;font-size:122%; left:31.04px;top:32.66px;">stock coverage at specified times by set </span><span data-textwidth="371.34" class="sg nowrap f2" style="z-index:7;font-size:122%; left:31.04px;top:56.42px;">amounts and the premium is paid on this </span><span data-textwidth="49.93" class="sg nowrap f2" style="z-index:8;font-size:122%; left:31.04px;top:80.19px;">basis.</span></p><p para="{in:2,bl:{ch:8226},spbf:5.00}"><span data-textwidth="362.82" class="sg nowrap f3" style="z-index:9;font-size:122%; left:49.05px;top:109.07px;">•<span class="f2" ><span style="letter-spacing:5.28px"> </span>Should be reviewed from time to time </span></span><span data-textwidth="324.30" class="sg nowrap f2" style="z-index:11;font-size:122%; left:67.05px;top:132.64px;">but <span class="f4" style="font-weight:bold; ">this is often the best basis for a </span></span><span data-textwidth="205.83" class="sg nowrap f4" style="z-index:13;font-weight:bold; font-size:122%; left:67.05px;top:156.40px;">true seasonal business</span></p><p></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="350.46" class="sg nowrap f3" style="z-index:14;font-size:122%; left:13.04px;top:214.22px;">•<span class="f2" ><span style="letter-spacing:5.28px"> </span>Deductibles are common in property </span></span><span data-textwidth="91.70" class="sg nowrap f2" style="z-index:16;font-size:122%; left:31.04px;top:237.78px;">insurance.</span></p><p para="{in:2,bl:{ch:8226},spbf:5.00}"><span data-textwidth="371.58" class="sg nowrap f3" style="z-index:17;font-size:122%; left:49.05px;top:266.67px;">•<span class="f2" ><span style="letter-spacing:5.28px"> </span>Possible to save premium by increasing </span></span><span data-textwidth="169.47" class="sg nowrap f2" style="z-index:19;font-size:122%; left:67.05px;top:290.23px;">deductible amount</span></p><p para="{in:2,bl:{ch:8226},spbf:5.00}"><span data-textwidth="321.17" class="sg nowrap f3" style="z-index:20;font-size:122%; left:49.05px;top:319.24px;">•<span class="f2" ><span style="letter-spacing:5.28px"> </span>Is it worthwhile? Advise clients of </span></span><span data-textwidth="322.25" class="sg nowrap f2" style="z-index:22;font-size:122%; left:67.05px;top:342.80px;">deductibles and make sure they are </span><span data-textwidth="75.85" class="sg nowrap f2" style="z-index:23;font-size:122%; left:67.05px;top:366.57px;">suitable.</span></p></div></div></div> <div class="sg" id="s122" data-sgid="Picture 138" style="z-index:2;left:0.00px;top:-0.48px;width:960.38px;height:540.48px"> <img class="sg" src="771E4C0C.png" id="s122_i" style="z-index:1;left:0px;top:0px;width:960.38px;height:540.48px" > </div> <div class="sg" id="s121" data-sgid="Rectangle 136" style="z-index:1;left:0.00px;top:-0.48px;width:480.25px;height:540.48px" data-pointer-events="none"> <img class="sg" src="5D1D115.jpg" id="s121_i" style="z-index:1;left:0px;top:0px;width:480.25px;height:540.48px" > </div> <div class="sg sgTitle" id="s123" data-sgid="Title 1" style="z-index:3;left:49.90px;top:161.16px;width:289.54px;height:218.04px" data-valign="middle" data-pointer-events="none"> <div id="s123_t" class="sg" style="z-index:2;left:-19.31px;top:0.00px;width:308.85px;height:218.04px;"><div><p><span data-textwidth="105.14" class="sg nowrap f1" style="z-index:2;color:#FFFFFF;font-size:244%; left:27.02px;top:60.73px;">Stock </span><span data-textwidth="172.23" class="sg nowrap f1" style="z-index:3;color:#FFFFFF;font-size:244%; left:27.02px;top:108.26px;">Insurance</span></p></div></div></div> <div class="sg" id="s127" data-sgid="Audio 2" style="z-index:7;left:878.11px;top:458.21px;width:64.88px;height:64.88px" data-href=""> <audio type="audio/mpeg" xmlns="audio" src="177D038C.mp3" preload="auto" data-startpoint="0" data-duration="1000000"></audio><img class="sg" src="1F635CB065x65.png" id="s127_i" style="z-index:1;left:0px;top:0px;width:64.88px;height:64.88px" > </div> <div class="sg" id="s126" data-sgid="Slide Number Placeholder 3" style="z-index:6;left:851.46px;top:489.16px;width:45.82px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s126_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:45.82px;height:25.67px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="11.04" class="sg nowrap f3" style="z-index:2;color:#898989;font-size:56%; left:27.81px;top:8.87px;">15</span></p></div></div></div> <div class="sg" id="s125" data-sgid="Footer Placeholder 1" style="z-index:5;left:435.16px;top:489.16px;width:417.15px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s125_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:417.15px;height:25.67px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="200.91" class="sg nowrap f2" style="z-index:2;color:#898989;font-size:56%; left:209.23px;top:8.27px;">© Copyright MRD Training & Consulting Inc. 2014</span></p></div></div></div> <div class="sg sgTitle" id="s130" data-sgid="Title 5" style="z-index:3;left:119.45px;top:87.77px;width:720.51px;height:224.40px" data-valign="bottom" data-pointer-events="none"> <div id="s130_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:720.51px;height:255.80px;"><div><p para="{al:2}"><span data-textwidth="426.19" class="sg nowrap f1" style="z-index:2;color:#FFFFFF;font-size:322%; left:147.47px;top:156.12px;">Basis of Indemnity</span></p></div></div></div> <div class="sg" id="s128" data-sgid="Rectangle 11" style="z-index:1;left:0.00px;top:-0.71px;width:960.38px;height:540.71px" data-fillcolor="16777215"> <img class="sg" src="60BE1E5B960x541.png" id="s128_i" style="z-index:1;left:0px;top:0px;width:960.38px;height:540.71px" > </div> <div class="sg" id="s129" data-sgid="Rectangle 13" style="z-index:2;left:19.91px;top:19.91px;width:921.64px;height:499.72px" data-fillcolor="16777215"> <img class="sg" src="1281F835922x500.png" id="s129_i" style="z-index:1;left:0px;top:0px;width:921.64px;height:499.72px" > </div> <div class="sg" id="s132" data-sgid="Straight Connector 15" style="z-index:5;left:371.33px;top:322.47px;width:217.24px;height:1.82px" data-pointer-events="none"> <img class="sg" src="AF7A6E05217x2.png" id="s132_i" style="z-index:1;left:0px;top:0px;width:217.24px;height:1.00px" > </div> <div class="sg" id="s131" data-sgid="Text Placeholder 6" style="z-index:4;left:119.45px;top:334.47px;width:720.51px;height:126.87px" data-pointer-events="none"> <div style='width:100%;height:100%;background:rgba(0,0,0,0)'></div></div> <div class="sg" id="s135" data-sgid="Audio 1" style="z-index:8;left:878.11px;top:458.21px;width:64.88px;height:64.88px" data-href=""> <audio type="audio/mpeg" xmlns="audio" src="6475FB1A.mp3" preload="auto" data-startpoint="0" data-duration="1000000"></audio><img class="sg" src="1F635CB065x65.png" id="s135_i" style="z-index:1;left:0px;top:0px;width:64.88px;height:64.88px" > </div> <div class="sg" id="s134" data-sgid="Slide Number Placeholder 4" style="z-index:7;left:677.18px;top:484.26px;width:216.76px;height:29.50px" data-valign="middle" data-pointer-events="none"> <div id="s134_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:216.76px;height:29.84px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="12.24" class="sg nowrap f2" style="z-index:2;color:#FFFFFF;font-size:67%; left:197.41px;top:8.97px;">16</span></p></div></div></div> <div class="sg" id="s133" data-sgid="Footer Placeholder 3" style="z-index:6;left:317.38px;top:484.26px;width:324.69px;height:29.50px" data-valign="middle" data-pointer-events="none"> <div id="s133_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:324.69px;height:29.84px;"><div><p para="{al:2,spaf:6.00}"><span data-textwidth="240.16" class="sg nowrap f2" style="z-index:2;color:#FFFFFF;font-size:67%; left:42.56px;top:8.97px;">© Copyright MRD Training & Consulting Inc. 2014</span></p></div></div></div> <div class="sg" id="s145" data-sgid="Content Placeholder 1" style="z-index:5;left:478.94px;top:62.61px;width:418.34px;height:412.51px" data-valign="middle" data-pointer-events="none"> <div id="s145_t" class="sg" style="z-index:2;left:-4.22px;top:0.00px;width:430.71px;height:412.51px;"><div><p para="{bl:{ch:8226},spbf:10.00}"></p><p></p><p></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="353.82" class="sg nowrap f3" style="z-index:2;font-size:111%; left:12.08px;top:27.21px;">•<span class="f2" ><span style="letter-spacing:6.48px"> </span>Standard fire policy – insurer will pay the </span></span><span data-textwidth="388.62" class="sg nowrap f2" style="z-index:6;font-size:111%; left:30.08px;top:43.93px;">actual cash value of property destroyed subject </span><span data-textwidth="376.50" class="sg nowrap f2" style="z-index:7;font-size:111%; left:30.08px;top:60.74px;">tot the amount of the insured’s interest in the </span><span data-textwidth="329.93" class="sg nowrap f2" style="z-index:8;font-size:111%; left:30.08px;top:77.54px;">property and limited to the sum insured.</span></p><p></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="293.33" class="sg nowrap f3" style="z-index:9;font-size:111%; left:12.08px;top:131.27px;">•<span class="f4" style="font-weight:bold; "><span style="letter-spacing:6.48px"> </span>What is Actual Cash Value (ACV)?</span></span></p><p para="{in:2,bl:{ch:8226},spbf:5.00}"><span data-textwidth="308.81" class="sg nowrap f3" style="z-index:11;font-size:111%; left:48.09px;top:153.00px;">•<span class="f2" ><span style="letter-spacing:6.48px"> </span>Cost to replace with new items </span><span class="f4" style="font-weight:bold; ">less </span></span><span data-textwidth="303.53" class="sg nowrap f4" style="z-index:14;font-weight:bold; font-size:111%; left:66.09px;top:169.72px;">physical<span class="f2" style="font-weight:normal; "> depreciation (wear and tear)</span></span></p><p></p><p para="{in:2,bl:{ch:8226},spbf:5.00}"><span data-textwidth="68.41" class="sg nowrap f3" style="z-index:16;font-size:111%; left:48.09px;top:213.49px;">•<span class="f4" style="font-weight:bold; "><span style="letter-spacing:6.48px"> </span>Note</span><span class="f2" >: </span></span></p><p para="{in:3,bl:{ch:8226},spbf:5.00}"><span data-textwidth="333.42" class="sg nowrap f3" style="z-index:19;font-size:111%; left:84.09px;top:235.22px;">•<span class="f2" ><span style="letter-spacing:6.49px"> </span>The cost of a new machine at the time </span></span><span data-textwidth="313.73" class="sg nowrap f2" style="z-index:21;font-size:111%; left:102.10px;top:251.94px;">of destruction is the starting point not </span><span data-textwidth="240.04" class="sg nowrap f2" style="z-index:22;font-size:111%; left:102.10px;top:268.74px;">how much was originally paid</span></p><p para="{in:3,bl:{ch:8226},spbf:5.00}"><span data-textwidth="310.14" class="sg nowrap f3" style="z-index:23;font-size:111%; left:84.09px;top:290.67px;">•<span class="f2" ><span style="letter-spacing:6.49px"> </span>Physical depreciation not “book” or </span></span><span data-textwidth="171.63" class="sg nowrap f2" style="z-index:25;font-size:111%; left:102.10px;top:307.39px;">account depreciation</span></p></div></div></div> <div class="sg" id="s142" data-sgid="Rectangle 74" style="z-index:2;left:0.00px;top:-0.48px;width:960.38px;height:540.48px" data-pointer-events="none"> <img class="sg" src="3080AEBB.jpg" id="s142_i" style="z-index:1;left:0px;top:0px;width:960.38px;height:540.48px" > </div> <div class="sg" id="s143" data-sgid="Picture 76" style="z-index:3;left:0.00px;top:-0.48px;width:960.38px;height:540.48px"> <img class="sg" src="771E4C0C.png" id="s143_i" style="z-index:1;left:0px;top:0px;width:960.38px;height:540.48px" > </div> <div class="sg" id="s141" data-sgid="Rectangle 72" style="z-index:1;left:0.00px;top:-0.48px;width:479.54px;height:540.48px" data-pointer-events="none"> <img class="sg" src="1A24E7DF480x540.png" id="s141_i" style="z-index:1;left:0px;top:0px;width:479.54px;height:540.48px" > </div> <div class="sg sgTitle" id="s144" data-sgid="Title 1" style="z-index:4;left:49.90px;top:161.16px;width:289.54px;height:218.04px" data-valign="middle" data-pointer-events="none"> <div id="s144_t" class="sg" style="z-index:2;left:-19.31px;top:0.00px;width:308.85px;height:218.04px;"><div><p><span data-textwidth="215.56" class="sg nowrap f1" style="z-index:2;color:#FFFFFF;font-size:244%; left:27.02px;top:60.73px;">Actual Cash </span><span data-textwidth="96.98" class="sg nowrap f1" style="z-index:3;color:#FFFFFF;font-size:244%; left:27.02px;top:108.26px;">Value</span></p></div></div></div> <div class="sg" id="s148" data-sgid="Audio 2" style="z-index:8;left:878.11px;top:458.21px;width:64.88px;height:64.88px" data-href=""> <audio type="audio/mpeg" xmlns="audio" src="C3929566.mp3" preload="auto" data-startpoint="0" data-duration="1000000"></audio><img class="sg" src="1F635CB065x65.png" id="s148_i" style="z-index:1;left:0px;top:0px;width:64.88px;height:64.88px" > </div> <div class="sg" id="s147" data-sgid="Slide Number Placeholder 3" style="z-index:7;left:851.46px;top:489.16px;width:45.82px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s147_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:45.82px;height:25.67px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="11.04" class="sg nowrap f3" style="z-index:2;color:#898989;font-size:56%; left:27.81px;top:8.87px;">17</span></p></div></div></div> <div class="sg" id="s146" data-sgid="Footer Placeholder 1" style="z-index:6;left:435.16px;top:489.16px;width:417.15px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s146_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:417.15px;height:25.67px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="200.91" class="sg nowrap f2" style="z-index:2;color:#898989;font-size:56%; left:209.23px;top:8.27px;">© Copyright MRD Training & Consulting Inc. 2014</span></p></div></div></div> <div class="sg" id="s149" data-sgid="Rectangle 72" style="z-index:1;left:0.00px;top:-0.48px;width:480.25px;height:540.48px" data-pointer-events="none"> <img class="sg" src="66BED011.jpg" id="s149_i" style="z-index:1;left:0px;top:0px;width:480.25px;height:540.48px" > </div> <div class="sg" id="s150" data-sgid="Picture 74" style="z-index:2;left:0.00px;top:-0.48px;width:960.38px;height:540.48px"> <img class="sg" src="771E4C0C.png" id="s150_i" style="z-index:1;left:0px;top:0px;width:960.38px;height:540.48px" > </div> <div class="sg sgTitle" id="s151" data-sgid="Title 1" style="z-index:3;left:49.90px;top:161.16px;width:289.54px;height:218.04px" data-valign="middle" data-pointer-events="none"> <div id="s151_t" class="sg" style="z-index:2;left:-19.31px;top:0.00px;width:308.85px;height:218.04px;"><div><p><span data-textwidth="241.60" class="sg nowrap f1" style="z-index:2;color:#FFFFFF;font-size:244%; left:27.02px;top:60.73px;">Replacement </span><span data-textwidth="77.53" class="sg nowrap f1" style="z-index:3;color:#FFFFFF;font-size:244%; left:27.02px;top:108.26px;">Cost</span></p></div></div></div> <div class="sg" id="s152" data-sgid="Content Placeholder 1" style="z-index:4;left:491.04px;top:145.82px;width:418.48px;height:412.43px" data-valign="middle" data-pointer-events="none"> <div id="s152_t" class="sg" style="z-index:2;left:-6.24px;top:-74.81px;width:424.71px;height:487.23px;"><div><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="368.11" class="sg nowrap f3" style="z-index:2;font-size:133%; left:14.24px;top:9.69px;">•<span class="f2" ><span style="letter-spacing:4.21px"> </span>Endorsement for Replacement Cost </span></span><span data-textwidth="230.80" class="sg nowrap f2" style="z-index:4;font-size:133%; left:32.25px;top:36.29px;">may be added to policy.</span></p><p para="{in:2,bl:{ch:8226},spbf:5.00}"><span data-textwidth="344.09" class="sg nowrap f3" style="z-index:5;font-size:133%; left:50.25px;top:66.58px;">•<span class="f2" ><span style="letter-spacing:4.20px"> </span>Same site or an adjacent one can </span></span><span data-textwidth="220.48" class="sg nowrap f2" style="z-index:7;font-size:133%; left:68.25px;top:93.19px;">be deleted (good idea)</span></p><p para="{in:2,bl:{ch:8226},spbf:5.00}"><span data-textwidth="346.61" class="sg nowrap f3" style="z-index:8;font-size:133%; left:50.25px;top:123.47px;">•<span class="f2" ><span style="letter-spacing:4.20px"> </span>Note the exclusions in clause 5 of </span></span><span data-textwidth="189.15" class="sg nowrap f2" style="z-index:10;font-size:133%; left:68.25px;top:150.08px;">the wording as well</span></p><p></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="301.38" class="sg nowrap f3" style="z-index:11;font-size:133%; left:14.24px;top:216.25px;">•<span class="f4" style="font-weight:bold; "><span style="letter-spacing:4.21px"> </span>Replacement cost insurance </span></span></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="346.98" class="sg nowrap f3" style="z-index:13;font-size:133%; left:14.24px;top:252.14px;">•<span class="f2" ><span style="letter-spacing:4.21px"> </span>Make sure you know the basis on </span></span><span data-textwidth="340.26" class="sg nowrap f2" style="z-index:15;font-size:133%; left:32.25px;top:278.75px;">which losses will be paid and what </span><span data-textwidth="365.70" class="sg nowrap f2" style="z-index:16;font-size:133%; left:32.25px;top:304.67px;">conditions apply (if not replaced may </span><span data-textwidth="136.82" class="sg nowrap f2" style="z-index:17;font-size:133%; left:32.25px;top:330.60px;">only get ACV).</span></p></div></div></div> <div class="sg" id="s155" data-sgid="Audio 2" style="z-index:7;left:878.11px;top:458.21px;width:64.88px;height:64.88px" data-href=""> <audio type="audio/mpeg" xmlns="audio" src="14FF4E54.mp3" preload="auto" data-startpoint="0" data-duration="1000000"></audio><img class="sg" src="1F635CB065x65.png" id="s155_i" style="z-index:1;left:0px;top:0px;width:64.88px;height:64.88px" > </div> <div class="sg" id="s154" data-sgid="Slide Number Placeholder 3" style="z-index:6;left:851.46px;top:489.16px;width:45.82px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s154_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:45.82px;height:25.67px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="11.04" class="sg nowrap f3" style="z-index:2;color:#898989;font-size:56%; left:27.81px;top:8.87px;">18</span></p></div></div></div> <div class="sg" id="s153" data-sgid="Footer Placeholder 1" style="z-index:5;left:435.16px;top:489.16px;width:417.15px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s153_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:417.15px;height:25.67px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="200.91" class="sg nowrap f2" style="z-index:2;color:#898989;font-size:56%; left:209.23px;top:8.27px;">© Copyright MRD Training & Consulting Inc. 2014</span></p></div></div></div> <div class="sg" id="s156" data-sgid="Rectangle 72" style="z-index:1;left:0.00px;top:-0.48px;width:960.38px;height:212.88px" data-pointer-events="none"> <img class="sg" src="32C6028F.jpg" id="s156_i" style="z-index:1;left:0px;top:0px;width:960.38px;height:212.88px" > </div> <div class="sg sgTitle" id="s158" data-sgid="Title 1" style="z-index:3;left:92.35px;top:64.65px;width:774.71px;height:105.16px" data-valign="middle" data-pointer-events="none"> <div id="s158_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:774.71px;height:105.16px;"><div><p para="{al:2}"><span data-textwidth="197.67" class="sg nowrap f1" style="z-index:2;color:#FFFFFF;font-size:222%; left:288.83px;top:29.61px;">Coinsurance</span></p></div></div></div> <div class="sg" id="s157" data-sgid="Picture 74" style="z-index:2;left:0.00px;top:-0.48px;width:960.38px;height:540.48px"> <img class="sg" src="36A481AF.png" id="s157_i" style="z-index:1;left:0px;top:0px;width:960.38px;height:540.48px" > </div> <div class="sg" id="s159" data-sgid="Content Placeholder 1" style="z-index:4;left:92.35px;top:211.55px;width:774.71px;height:244.17px" data-valign="top" data-pointer-events="none"> <div id="s159_t" class="sg" style="z-index:2;left:-3.48px;top:-4.43px;width:778.20px;height:248.60px;"><div><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="746.88" class="sg nowrap f3" style="z-index:2;font-size:106%; left:11.23px;top:8.13px;">•<span class="f2" ><span style="letter-spacing:7.08px"> </span>The premium for property insurance is usually charged on the amount insured at so much per </span></span><span data-textwidth="43.21" class="sg nowrap f2" style="z-index:4;font-size:106%; left:29.23px;top:28.69px;">$100.</span></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="388.62" class="sg nowrap f3" style="z-index:5;font-size:106%; left:11.23px;top:59.26px;">•<span class="f2" ><span style="letter-spacing:7.08px"> </span>E.g. Building insured for $250,000 at a rate of $1</span></span></p><p para="{in:2,bl:{ch:8226},spbf:5.00}"><span data-textwidth="158.91" class="sg nowrap f3" style="z-index:7;font-size:106%; left:47.23px;top:84.70px;">•<span class="f2" ><span style="letter-spacing:7.09px"> </span>Premium = $2,500</span></span></p><p para="{in:2,bl:{ch:8226},spbf:5.00}"><span data-textwidth="511.53" class="sg nowrap f3" style="z-index:9;font-size:106%; left:47.23px;top:110.27px;">•<span class="f4" style="font-weight:bold; "><span style="letter-spacing:7.09px"> </span>Based on the assumption $250,000 is full value of the building.</span></span></p><p para="{in:2,bl:{ch:8226},spbf:5.00}"><span data-textwidth="267.17" class="sg nowrap f3" style="z-index:11;font-size:106%; left:47.23px;top:135.84px;">•<span class="f2" ><span style="letter-spacing:7.09px"> </span>Most losses are not total losses. </span></span></p><p para="{in:2,bl:{ch:8226},spbf:5.00}"><span data-textwidth="521.49" class="sg nowrap f3" style="z-index:13;font-size:106%; left:47.23px;top:161.28px;">•<span class="f2" ><span style="letter-spacing:7.09px"> </span>People know this and mistakenly believe they need to insure less.</span></span></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="526.89" class="sg nowrap f3" style="z-index:15;font-size:106%; left:11.23px;top:191.89px;">•<span class="f2" ><span style="letter-spacing:7.08px"> </span>This is why co-insurance clauses have been put into many policies.</span></span></p></div></div></div> <div class="sg" id="s162" data-sgid="Audio 2" style="z-index:7;left:878.11px;top:458.21px;width:64.88px;height:64.88px" data-href=""> <audio type="audio/mpeg" xmlns="audio" src="98276E79.mp3" preload="auto" data-startpoint="0" data-duration="1000000"></audio><img class="sg" src="1F635CB065x65.png" id="s162_i" style="z-index:1;left:0px;top:0px;width:64.88px;height:64.88px" > </div> <div class="sg" id="s161" data-sgid="Slide Number Placeholder 3" style="z-index:6;left:851.46px;top:489.16px;width:45.82px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s161_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:45.82px;height:25.67px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="11.04" class="sg nowrap f3" style="z-index:2;color:#898989;font-size:56%; left:27.81px;top:8.87px;">19</span></p></div></div></div> <div class="sg" id="s160" data-sgid="Footer Placeholder 1" style="z-index:5;left:62.98px;top:489.16px;width:518.99px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s160_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:518.99px;height:25.67px;"><div><p para="{spaf:6.00}"><span data-textwidth="200.91" class="sg nowrap f2" style="z-index:2;color:#898989;font-size:56%; left:7.71px;top:8.27px;">© Copyright MRD Training & Consulting Inc. 2014</span></p></div></div></div> <div class="sg" id="s163" data-sgid="Rectangle 72" style="z-index:1;left:0.00px;top:-0.48px;width:960.38px;height:212.88px" data-pointer-events="none"> <img class="sg" src="F89F129D.jpg" id="s163_i" style="z-index:1;left:0px;top:0px;width:960.38px;height:212.88px" > </div> <div class="sg sgTitle" id="s165" data-sgid="Title 1" style="z-index:3;left:92.35px;top:64.65px;width:774.71px;height:105.16px" data-valign="middle" data-pointer-events="none"> <div id="s165_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:774.71px;height:105.16px;"><div><p para="{al:2}"><span data-textwidth="197.67" class="sg nowrap f1" style="z-index:2;color:#FFFFFF;font-size:222%; left:288.83px;top:29.61px;">Coinsurance</span></p></div></div></div> <div class="sg" id="s164" data-sgid="Picture 74" style="z-index:2;left:0.00px;top:-0.48px;width:960.38px;height:540.48px"> <img class="sg" src="36A481AF.png" id="s164_i" style="z-index:1;left:0px;top:0px;width:960.38px;height:540.48px" > </div> <div class="sg" id="s166" data-sgid="Content Placeholder 1" style="z-index:4;left:92.35px;top:211.55px;width:774.71px;height:244.17px" data-valign="top" data-pointer-events="none"> <div id="s166_t" class="sg" style="z-index:2;left:-4.19px;top:-4.91px;width:778.90px;height:249.08px;"><div><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="102.25" class="sg nowrap f3" style="z-index:2;font-size:111%; left:11.94px;top:8.49px;">•<span class="f2" ><span style="letter-spacing:6.48px"> </span>SOLUTION</span></span></p><p para="{in:2,bl:{ch:8226},spbf:5.00}"><span data-textwidth="689.04" class="sg nowrap f3" style="z-index:4;font-size:111%; left:47.94px;top:35.13px;">•<span class="f2" ><span style="letter-spacing:6.49px"> </span>If at least a specified percentage of the full value is not covered the insured will be </span></span><span data-textwidth="374.34" class="sg nowrap f2" style="z-index:6;font-size:111%; left:65.95px;top:56.66px;">penalized by recovering only part of their loss.</span></p><p para="{in:2,bl:{ch:8226},spbf:5.00}"><span data-textwidth="528.22" class="sg nowrap f3" style="z-index:7;font-size:111%; left:47.94px;top:83.26px;">•<span class="f2" ><span style="letter-spacing:6.49px"> </span>Insured shares in loss if coinsurance requirements are not met.</span></span></p><p para="{in:2,bl:{ch:8226},spbf:5.00}"><span data-textwidth="383.11" class="sg nowrap f3" style="z-index:9;font-size:111%; left:47.94px;top:109.91px;">•<span class="f2" ><span style="letter-spacing:6.49px"> </span>Common requirement of coinsurance is 80%.</span></span></p><p para="{in:3,bl:{ch:8226},spbf:5.00}"><span data-textwidth="678.11" class="sg nowrap f3" style="z-index:11;font-size:111%; left:83.95px;top:136.56px;">•<span class="f2" ><span style="letter-spacing:6.48px"> </span>If the insured covers at least 80% of full value they are paid up to the full amount </span></span><span data-textwidth="104.54" class="sg nowrap f2" style="z-index:13;font-size:111%; left:101.95px;top:158.08px;">of the policy.</span></p><p para="{in:3,bl:{ch:8226},spbf:5.00}"><span data-textwidth="598.66" class="sg nowrap f3" style="z-index:14;font-size:111%; left:83.95px;top:184.69px;">•<span class="f2" ><span style="letter-spacing:6.48px"> </span>If they insure less than 80% they get a percentage of what they insured.</span></span></p></div></div></div> <div class="sg" id="s169" data-sgid="Audio 2" style="z-index:7;left:878.11px;top:458.21px;width:64.88px;height:64.88px" data-href=""> <audio type="audio/mpeg" xmlns="audio" src="A57B1949.mp3" preload="auto" data-startpoint="0" data-duration="1000000"></audio><img class="sg" src="1F635CB065x65.png" id="s169_i" style="z-index:1;left:0px;top:0px;width:64.88px;height:64.88px" > </div> <div class="sg" id="s168" data-sgid="Slide Number Placeholder 3" style="z-index:6;left:851.46px;top:489.16px;width:45.82px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s168_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:45.82px;height:25.67px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="11.04" class="sg nowrap f3" style="z-index:2;color:#898989;font-size:56%; left:27.81px;top:8.87px;">20</span></p></div></div></div> <div class="sg" id="s167" data-sgid="Footer Placeholder 1" style="z-index:5;left:62.98px;top:489.16px;width:518.99px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s167_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:518.99px;height:25.67px;"><div><p para="{spaf:6.00}"><span data-textwidth="200.91" class="sg nowrap f2" style="z-index:2;color:#898989;font-size:56%; left:7.71px;top:8.27px;">© Copyright MRD Training & Consulting Inc. 2014</span></p></div></div></div> <div class="sg" id="s170" data-sgid="Rectangle 136" style="z-index:1;left:27.47px;top:-0.48px;width:904.47px;height:217.53px" data-pointer-events="none"> <img class="sg" src="15E2C97D.png" id="s170_i" style="z-index:1;left:0px;top:0px;width:904.47px;height:217.53px" > </div> <div class="sg sgTitle" id="s172" data-sgid="Title 1" style="z-index:3;left:92.35px;top:64.65px;width:774.71px;height:105.16px" data-valign="middle" data-pointer-events="none"> <div id="s172_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:774.71px;height:105.16px;"><div><p para="{al:2}"><span data-textwidth="197.67" class="sg nowrap f1" style="z-index:2;color:#FFFFFF;font-size:222%; left:288.83px;top:29.61px;">Coinsurance</span></p></div></div></div> <div class="sg" id="s171" data-sgid="Picture 138" style="z-index:2;left:0.00px;top:-0.48px;width:960.38px;height:540.48px"> <img class="sg" src="36A481AF.png" id="s171_i" style="z-index:1;left:0px;top:0px;width:960.38px;height:540.48px" > </div> <div class="sg" id="s173" data-sgid="Content Placeholder 1" style="z-index:4;left:92.35px;top:242.84px;width:774.71px;height:212.88px" data-valign="top" data-pointer-events="none"> <div id="s173_t" class="sg" style="z-index:2;left:-3.48px;top:-4.32px;width:779.53px;height:224.26px;"><div><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="540.20" class="sg nowrap f3" style="z-index:2;font-size:106%; left:11.23px;top:8.17px;">•<span class="f2" ><span style="letter-spacing:7.08px"> </span>Sometimes the insured can choose to cover on co-insurance or not </span></span></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="610.66" class="sg nowrap f3" style="z-index:6;font-size:106%; left:11.23px;top:38.78px;">•<span class="f2" ><span style="letter-spacing:7.08px"> </span>If the insured chooses co-insurance they may get a discount on the premium </span></span></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="346.37" class="sg nowrap f3" style="z-index:10;font-size:106%; left:11.23px;top:69.27px;">•<span class="f2" ><span style="letter-spacing:7.08px"> </span>But sometimes co-insurance is compulsory</span></span></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="756.84" class="sg nowrap f3" style="z-index:14;font-size:106%; left:11.23px;top:99.75px;">•<span class="f2" ><span style="letter-spacing:7.08px"> </span>Coinsurance either encourages or requires the insured to cover close to full value by imposing a </span></span><span data-textwidth="200.07" class="sg nowrap f2" style="z-index:16;font-size:106%; left:29.23px;top:120.32px;">share of the loss on them.</span></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="716.03" class="sg nowrap f3" style="z-index:17;font-size:106%; left:11.23px;top:150.89px;">•<span class="f2" ><span style="letter-spacing:7.08px"> </span>In the event of a full loss it is always best to be insured to value as even if the co-insurance </span></span><span data-textwidth="715.56" class="sg nowrap f2" style="z-index:21;font-size:106%; left:29.23px;top:171.45px;">requirement is met, if the limit of insurance is not enough the insured will have to pay out of </span><span data-textwidth="135.50" class="sg nowrap f2" style="z-index:22;font-size:106%; left:29.23px;top:191.98px;">their own pocket.</span></p></div></div></div> <div class="sg" id="s176" data-sgid="Audio 2" style="z-index:7;left:878.11px;top:458.21px;width:64.88px;height:64.88px" data-href=""> <audio type="audio/mpeg" xmlns="audio" src="FA23D47E.mp3" preload="auto" data-startpoint="0" data-duration="1000000"></audio><img class="sg" src="1F635CB065x65.png" id="s176_i" style="z-index:1;left:0px;top:0px;width:64.88px;height:64.88px" > </div> <div class="sg" id="s175" data-sgid="Slide Number Placeholder 3" style="z-index:6;left:851.46px;top:489.16px;width:45.82px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s175_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:45.82px;height:25.67px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="11.04" class="sg nowrap f3" style="z-index:2;color:#898989;font-size:56%; left:27.81px;top:8.87px;">21</span></p></div></div></div> <div class="sg" id="s174" data-sgid="Footer Placeholder 1" style="z-index:5;left:62.98px;top:489.16px;width:518.99px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s174_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:518.99px;height:25.67px;"><div><p para="{spaf:6.00}"><span data-textwidth="200.91" class="sg nowrap f2" style="z-index:2;color:#898989;font-size:56%; left:7.71px;top:8.27px;">© Copyright MRD Training & Consulting Inc. 2014</span></p></div></div></div> <div class="sg" id="s177" data-sgid="Rectangle 72" style="z-index:1;left:0.00px;top:-0.48px;width:960.38px;height:204.96px" data-pointer-events="none"> <img class="sg" src="8FCDB5F3.jpg" id="s177_i" style="z-index:1;left:0px;top:0px;width:960.38px;height:204.96px" > </div> <div class="sg sgTitle" id="s179" data-sgid="Title 1" style="z-index:3;left:92.35px;top:64.65px;width:774.71px;height:105.16px" data-valign="middle" data-pointer-events="none"> <div id="s179_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:774.71px;height:105.16px;"><div><p para="{al:2}"><span data-textwidth="460.28" class="sg nowrap f1" style="z-index:2;color:#FFFFFF;font-size:222%; left:157.53px;top:29.61px;">Stated Amount Co-Insurance</span></p></div></div></div> <div class="sg" id="s178" data-sgid="Picture 74" style="z-index:2;left:0.00px;top:-0.48px;width:960.38px;height:540.48px"> <img class="sg" src="36A481AF.png" id="s178_i" style="z-index:1;left:0px;top:0px;width:960.38px;height:540.48px" > </div> <div class="sg" id="s180" data-sgid="Content Placeholder 1" style="z-index:4;left:92.35px;top:203.63px;width:774.71px;height:286.50px" data-valign="top" data-pointer-events="none"> <div id="s180_t" class="sg" style="z-index:2;left:-3.48px;top:-4.42px;width:780.24px;height:290.92px;"><div><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="286.60" class="sg nowrap f3" style="z-index:2;font-size:106%; left:11.23px;top:8.12px;">•<span class="f2" ><span style="letter-spacing:7.08px"> </span>Issue with co-insurance – Inflation!</span></span></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="747.72" class="sg nowrap f3" style="z-index:8;font-size:106%; left:11.23px;top:38.72px;">•<span class="f2" ><span style="letter-spacing:7.08px"> </span>the insured makes a statement at the start of the policy year to the insurance company setting </span></span><span data-textwidth="738.84" class="sg nowrap f2" style="z-index:10;font-size:106%; left:29.23px;top:59.29px;">out the 100% value of the property insured (usually requires evidence of value through method </span><span data-textwidth="163.95" class="sg nowrap f2" style="z-index:11;font-size:106%; left:29.23px;top:79.81px;">such as an appraisal).</span></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="713.64" class="sg nowrap f3" style="z-index:12;font-size:106%; left:11.23px;top:110.26px;">•<span class="f2" ><span style="letter-spacing:7.08px"> </span>Once accepted the policy is written for this amount and Stated Amount Clause is attached.</span></span></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="757.68" class="sg nowrap f3" style="z-index:14;font-size:106%; left:11.23px;top:140.75px;">•<span class="f5" style="font-style:italic; "><span style="letter-spacing:6.60px"> </span>As long as the stated amount (expressed as a dollar amount, not a percentage) is maintained no </span></span><span data-textwidth="172.71" class="sg nowrap f5" style="z-index:16;font-style:italic; font-size:106%; left:29.23px;top:161.31px;">coinsurance will apply.</span></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="469.16" class="sg nowrap f3" style="z-index:17;font-size:106%; left:11.23px;top:191.88px;">•<span class="f2" ><span style="letter-spacing:7.08px"> </span>Effective for one year, after a new statement must be filed.</span></span></p></div></div></div> <div class="sg" id="s183" data-sgid="Audio 2" style="z-index:7;left:878.11px;top:458.21px;width:64.88px;height:64.88px" data-href=""> <audio type="audio/mpeg" xmlns="audio" src="28E1A7E1.mp3" preload="auto" data-startpoint="0" data-duration="1000000"></audio><img class="sg" src="1F635CB065x65.png" id="s183_i" style="z-index:1;left:0px;top:0px;width:64.88px;height:64.88px" > </div> <div class="sg" id="s182" data-sgid="Slide Number Placeholder 3" style="z-index:6;left:851.46px;top:489.16px;width:45.82px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s182_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:45.82px;height:25.67px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="11.04" class="sg nowrap f3" style="z-index:2;color:#898989;font-size:56%; left:27.81px;top:8.87px;">22</span></p></div></div></div> <div class="sg" id="s181" data-sgid="Footer Placeholder 1" style="z-index:5;left:62.98px;top:489.16px;width:518.99px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s181_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:518.99px;height:25.67px;"><div><p para="{spaf:6.00}"><span data-textwidth="200.91" class="sg nowrap f2" style="z-index:2;color:#898989;font-size:56%; left:7.71px;top:8.27px;">© Copyright MRD Training & Consulting Inc. 2014</span></p></div></div></div> <div class="sg sgTitle" id="s186" data-sgid="Title 1" style="z-index:3;left:478.94px;top:24.71px;width:392.57px;height:115.35px" data-valign="middle" data-pointer-events="none"> <div id="s186_t" class="sg" style="z-index:2;left:-19.31px;top:0.00px;width:411.88px;height:115.35px;"><div><p><span data-textwidth="195.51" class="sg nowrap f1" style="z-index:2;font-size:244%; left:27.17px;top:32.98px;">Remember</span></p></div></div></div> <div class="sg" id="s185" data-sgid="Picture 140" style="z-index:2;left:0.00px;top:-0.48px;width:960.38px;height:540.48px"> <img class="sg" src="D62478F.png" id="s185_i" style="z-index:1;left:0px;top:0px;width:960.38px;height:540.48px" > </div> <div class="sg" id="s184" data-sgid="Rectangle 138" style="z-index:1;left:0.00px;top:-0.23px;width:442.84px;height:540.48px" data-pointer-events="none"> <img class="sg" src="53A95962.png" id="s184_i" style="z-index:1;left:0px;top:0px;width:442.84px;height:540.48px" > </div> <div class="sg" id="s188" data-sgid="Graphic 135" style="z-index:5;left:35.03px;top:127.72px;width:285.69px;height:285.79px"> <img class="sg" src="68D50B47.png" id="s188_i" title="" alt="Warning" style="z-index:1;left:0px;top:0px;width:285.69px;height:285.79px" > </div> <div class="sg" id="s187" data-sgid="Freeform 62" style="z-index:4;left:0.00px;top:57.08px;width:395.46px;height:426.81px" data-fillcolor="16777215"> <img class="sg" src="64BFDEDD.png" id="s187_i" style="z-index:1;left:0px;top:0px;width:395.46px;height:426.81px" > </div> <div class="sg" id="s189" data-sgid="Content Placeholder 1" style="z-index:6;left:478.94px;top:189.96px;width:392.57px;height:287.35px" data-valign="middle" data-pointer-events="none"> <div id="s189_t" class="sg" style="z-index:2;left:-8.52px;top:-5.28px;width:413.55px;height:292.62px;"><div><p para="{bl:{ch:8226},spbf:10.00}"></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="376.74" class="sg nowrap f3" style="z-index:2;font-size:156%; left:16.38px;top:12.12px;">•<span class="f4" style="font-weight:bold; "><span style="letter-spacing:1.92px"> </span>Whatever clauses you have on </span></span><span data-textwidth="255.40" class="sg nowrap f4" style="z-index:4;font-weight:bold; font-size:156%; left:34.38px;top:38.45px;">the policy you should:</span></p><p para="{in:2,bl:{ch:8226},spbf:5.00}"><span data-textwidth="332.33" class="sg nowrap f3" style="z-index:5;font-size:156%; left:52.39px;top:70.94px;">•<span class="f2" ><span style="letter-spacing:1.92px"> </span>Cover 100% of value all the </span></span><span data-textwidth="51.97" class="sg nowrap f2" style="z-index:7;font-size:156%; left:70.39px;top:97.26px;">time</span></p><p para="{in:2,bl:{ch:8226},spbf:5.00}"><span data-textwidth="344.33" class="sg nowrap f3" style="z-index:8;font-size:156%; left:52.39px;top:129.75px;">•<span class="f2" ><span style="letter-spacing:1.92px"> </span>Warn insured that if they do </span></span><span data-textwidth="282.77" class="sg nowrap f2" style="z-index:10;font-size:156%; left:70.39px;top:156.08px;">not insure to value, they </span><span data-textwidth="319.01" class="sg nowrap f2" style="z-index:11;font-size:156%; left:70.39px;top:182.96px;">may have to pay part of the </span><span data-textwidth="185.19" class="sg nowrap f2" style="z-index:12;font-size:156%; left:70.39px;top:209.85px;">loss themselves.</span></p></div></div></div> <div class="sg" id="s192" data-sgid="Audio 2" style="z-index:9;left:878.11px;top:458.21px;width:64.88px;height:64.88px" data-href=""> <audio type="audio/mpeg" xmlns="audio" src="720B751F.mp3" preload="auto" data-startpoint="0" data-duration="1000000"></audio><img class="sg" src="1F635CB065x65.png" id="s192_i" style="z-index:1;left:0px;top:0px;width:64.88px;height:64.88px" > </div> <div class="sg" id="s191" data-sgid="Slide Number Placeholder 3" style="z-index:8;left:851.46px;top:489.16px;width:45.82px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s191_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:45.82px;height:26.16px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="12.24" class="sg nowrap f3" style="z-index:2;color:#898989;font-size:61%; left:26.61px;top:8.03px;">23</span></p></div></div></div> <div class="sg" id="s190" data-sgid="Footer Placeholder 1" style="z-index:7;left:435.16px;top:489.16px;width:417.15px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s190_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:417.15px;height:26.61px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="220.96" class="sg nowrap f2" style="z-index:2;color:#898989;font-size:61%; left:189.18px;top:7.55px;">© Copyright MRD Training & Consulting Inc. 2014</span></p></div></div></div> <div class="sg" id="s197" data-sgid="Content Placeholder 1" style="z-index:5;left:478.94px;top:62.61px;width:418.34px;height:412.51px" data-valign="middle" data-pointer-events="none"> <div id="s197_t" class="sg" style="z-index:2;left:-5.18px;top:0.00px;width:433.01px;height:412.51px;"><div><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="382.26" class="sg nowrap f3" style="z-index:2;font-size:122%; left:13.04px;top:43.29px;">•<span class="f2" ><span style="letter-spacing:5.28px"> </span>A single amount covers all property with </span></span><span data-textwidth="186.99" class="sg nowrap f2" style="z-index:4;font-size:122%; left:31.04px;top:66.86px;">very few restrictions.</span></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="406.86" class="sg nowrap f3" style="z-index:5;font-size:122%; left:13.04px;top:100.79px;">•<span class="f2" ><span style="letter-spacing:5.28px"> </span>Another type of blanket insurance is where </span></span><span data-textwidth="319.73" class="sg nowrap f2" style="z-index:7;font-size:122%; left:31.04px;top:124.35px;">a single amount covers all locations </span><span data-textwidth="359.46" class="sg nowrap f2" style="z-index:8;font-size:122%; left:31.04px;top:148.12px;">(perhaps, anywhere in Canada or U.S.A.)</span></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="343.37" class="sg nowrap f3" style="z-index:9;font-size:122%; left:13.04px;top:182.04px;">•<span class="f2" ><span style="letter-spacing:5.28px"> </span>If property is often moved from one </span></span><span data-textwidth="311.21" class="sg nowrap f2" style="z-index:11;font-size:122%; left:31.04px;top:205.61px;">location to another this may be an </span><span data-textwidth="97.70" class="sg nowrap f2" style="z-index:12;font-size:122%; left:31.04px;top:229.37px;">advantage.</span></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="351.66" class="sg nowrap f3" style="z-index:13;font-size:122%; left:13.04px;top:263.42px;">•<span class="f2" ><span style="letter-spacing:5.28px"> </span>Average rate will be set based on the </span></span><span data-textwidth="236.80" class="sg nowrap f2" style="z-index:15;font-size:122%; left:31.04px;top:286.99px;">exposures at each location</span></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="404.70" class="sg nowrap f3" style="z-index:16;font-size:122%; left:13.04px;top:320.91px;">•<span class="f2" ><span style="letter-spacing:5.28px"> </span>Coinsurance applies (requiring a statement </span></span><span data-textwidth="86.29" class="sg nowrap f2" style="z-index:18;font-size:122%; left:31.04px;top:344.48px;">of values)</span></p></div></div></div> <div class="sg" id="s194" data-sgid="Rectangle 76" style="z-index:2;left:0.00px;top:-0.48px;width:960.38px;height:540.48px" data-pointer-events="none"> <img class="sg" src="3080AEBB.jpg" id="s194_i" style="z-index:1;left:0px;top:0px;width:960.38px;height:540.48px" > </div> <div class="sg" id="s195" data-sgid="Picture 78" style="z-index:3;left:0.00px;top:-0.48px;width:960.38px;height:540.48px"> <img class="sg" src="771E4C0C.png" id="s195_i" style="z-index:1;left:0px;top:0px;width:960.38px;height:540.48px" > </div> <div class="sg" id="s193" data-sgid="Rectangle 74" style="z-index:1;left:0.00px;top:-0.48px;width:479.54px;height:540.48px" data-pointer-events="none"> <img class="sg" src="1A24E7DF480x540.png" id="s193_i" style="z-index:1;left:0px;top:0px;width:479.54px;height:540.48px" > </div> <div class="sg sgTitle" id="s196" data-sgid="Title 1" style="z-index:4;left:49.90px;top:161.16px;width:289.54px;height:218.04px" data-valign="middle" data-pointer-events="none"> <div id="s196_t" class="sg" style="z-index:2;left:-19.31px;top:0.00px;width:308.85px;height:218.04px;"><div><p><span data-textwidth="140.78" class="sg nowrap f1" style="z-index:2;color:#FFFFFF;font-size:244%; left:27.02px;top:60.73px;">Blanket </span><span data-textwidth="163.95" class="sg nowrap f1" style="z-index:3;color:#FFFFFF;font-size:244%; left:27.02px;top:108.26px;">Coverage</span></p></div></div></div> <div class="sg" id="s200" data-sgid="Audio 2" style="z-index:8;left:878.11px;top:458.21px;width:64.88px;height:64.88px" data-href=""> <audio type="audio/mpeg" xmlns="audio" src="C0FF199E.mp3" preload="auto" data-startpoint="0" data-duration="1000000"></audio><img class="sg" src="1F635CB065x65.png" id="s200_i" style="z-index:1;left:0px;top:0px;width:64.88px;height:64.88px" > </div> <div class="sg" id="s199" data-sgid="Slide Number Placeholder 3" style="z-index:7;left:851.46px;top:489.16px;width:45.82px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s199_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:45.82px;height:25.67px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="11.04" class="sg nowrap f3" style="z-index:2;color:#898989;font-size:56%; left:27.81px;top:8.87px;">24</span></p></div></div></div> <div class="sg" id="s198" data-sgid="Footer Placeholder 1" style="z-index:6;left:435.16px;top:489.16px;width:417.15px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s198_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:417.15px;height:25.67px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="200.91" class="sg nowrap f2" style="z-index:2;color:#898989;font-size:56%; left:209.23px;top:8.27px;">© Copyright MRD Training & Consulting Inc. 2014</span></p></div></div></div> <div class="sg" id="s204" data-sgid="Content Placeholder 1" style="z-index:4;left:478.94px;top:62.61px;width:418.34px;height:412.51px" data-valign="middle" data-pointer-events="none"> <div id="s204_t" class="sg" style="z-index:2;left:-6.37px;top:-38.98px;width:424.71px;height:451.49px;"><div><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="385.50" class="sg nowrap f3" style="z-index:2;font-size:133%; left:14.23px;top:9.66px;">•<span class="f2" ><span style="letter-spacing:4.20px"> </span>Name, Address, Business, Location of </span></span><span data-textwidth="350.70" class="sg nowrap f2" style="z-index:4;font-size:133%; left:32.23px;top:36.26px;">property and Amount to be insured </span></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="381.54" class="sg nowrap f3" style="z-index:5;font-size:133%; left:14.23px;top:71.59px;">•<span class="f2" ><span style="letter-spacing:4.20px"> </span>Following is needed for underwriting </span></span><span data-textwidth="105.26" class="sg nowrap f2" style="z-index:7;font-size:133%; left:32.23px;top:98.20px;">and rating:</span></p><p para="{in:2,bl:{ch:8226},spbf:6.00}"><span data-textwidth="185.19" class="sg nowrap f3" style="z-index:8;font-size:133%; left:50.24px;top:129.44px;">•<span class="f2" ><span style="letter-spacing:4.20px"> </span>Heating methods</span></span></p><p para="{in:2,bl:{ch:8226},spbf:6.00}"><span data-textwidth="244.84" class="sg nowrap f3" style="z-index:10;font-size:133%; left:50.24px;top:161.37px;">•<span class="f2" ><span style="letter-spacing:4.20px"> </span>Business and processes</span></span></p><p para="{in:2,bl:{ch:8226},spbf:6.00}"><span data-textwidth="143.06" class="sg nowrap f3" style="z-index:12;font-size:133%; left:50.24px;top:193.30px;">•<span class="f2" ><span style="letter-spacing:4.20px"> </span>Construction</span></span></p><p para="{in:2,bl:{ch:8226},spbf:6.00}"><span data-textwidth="161.54" class="sg nowrap f3" style="z-index:14;font-size:133%; left:50.24px;top:225.23px;">•<span class="f2" ><span style="letter-spacing:4.20px"> </span>Fire Protection</span></span></p><p para="{in:2,bl:{ch:8226},spbf:6.00}"><span data-textwidth="116.66" class="sg nowrap f3" style="z-index:16;font-size:133%; left:50.24px;top:257.15px;">•<span class="f2" ><span style="letter-spacing:4.20px"> </span>Exposures</span></span></p><p para="{in:2,bl:{ch:8226},spbf:6.00}"><span data-textwidth="271.84" class="sg nowrap f3" style="z-index:18;font-size:133%; left:50.24px;top:289.08px;">•<span class="f2" ><span style="letter-spacing:4.20px"> </span>Length of time in business</span></span></p></div></div></div> <div class="sg" id="s202" data-sgid="Picture 74" style="z-index:2;left:0.00px;top:-0.48px;width:960.38px;height:540.48px"> <img class="sg" src="771E4C0C.png" id="s202_i" style="z-index:1;left:0px;top:0px;width:960.38px;height:540.48px" > </div> <div class="sg" id="s201" data-sgid="Rectangle 72" style="z-index:1;left:0.00px;top:-0.48px;width:480.25px;height:540.48px" data-pointer-events="none"> <img class="sg" src="66BED011.jpg" id="s201_i" style="z-index:1;left:0px;top:0px;width:480.25px;height:540.48px" > </div> <div class="sg sgTitle" id="s203" data-sgid="Title 1" style="z-index:3;left:49.90px;top:161.16px;width:289.54px;height:218.04px" data-valign="middle" data-pointer-events="none"> <div id="s203_t" class="sg" style="z-index:2;left:-19.31px;top:-4.90px;width:308.85px;height:235.77px;"><div><p><span data-textwidth="244.24" class="sg nowrap f1" style="z-index:2;color:#FFFFFF;font-size:244%; left:27.02px;top:18.10px;">Underwriting </span><span data-textwidth="219.87" class="sg nowrap f1" style="z-index:3;color:#FFFFFF;font-size:244%; left:27.02px;top:65.63px;">and Rating –</span><span data-textwidth="218.80" class="sg nowrap f1" style="z-index:5;color:#FFFFFF;font-size:244%; left:27.02px;top:113.16px;">Information </span><span data-textwidth="159.15" class="sg nowrap f1" style="z-index:6;color:#FFFFFF;font-size:244%; left:27.02px;top:160.69px;">Required</span></p></div></div></div> <div class="sg" id="s207" data-sgid="Audio 2" style="z-index:7;left:878.11px;top:458.21px;width:64.88px;height:64.88px" data-href=""> <audio type="audio/mpeg" xmlns="audio" src="21EEEB98.mp3" preload="auto" data-startpoint="0" data-duration="1000000"></audio><img class="sg" src="1F635CB065x65.png" id="s207_i" style="z-index:1;left:0px;top:0px;width:64.88px;height:64.88px" > </div> <div class="sg" id="s206" data-sgid="Slide Number Placeholder 3" style="z-index:6;left:851.46px;top:489.16px;width:45.82px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s206_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:45.82px;height:25.67px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="11.04" class="sg nowrap f3" style="z-index:2;color:#898989;font-size:56%; left:27.81px;top:8.87px;">25</span></p></div></div></div> <div class="sg" id="s205" data-sgid="Footer Placeholder 1" style="z-index:5;left:435.16px;top:489.16px;width:417.15px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s205_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:417.15px;height:25.67px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="200.91" class="sg nowrap f2" style="z-index:2;color:#898989;font-size:56%; left:209.23px;top:8.27px;">© Copyright MRD Training & Consulting Inc. 2014</span></p></div></div></div> <div class="sg" id="s211" data-sgid="Content Placeholder 1" style="z-index:4;left:478.94px;top:62.61px;width:418.34px;height:412.51px" data-valign="middle" data-pointer-events="none"> <div id="s211_t" class="sg" style="z-index:2;left:-5.18px;top:0.00px;width:425.93px;height:412.51px;"><div><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="275.21" class="sg nowrap f3" style="z-index:2;font-size:122%; left:13.04px;top:21.45px;">•<span class="f4" style="font-weight:bold; "><span style="letter-spacing:5.28px"> </span>“Flat” Rating – Smaller Risks</span></span></p><p para="{in:2,bl:{ch:8226},spbf:5.00}"><span data-textwidth="345.77" class="sg nowrap f3" style="z-index:6;font-size:122%; left:49.05px;top:50.13px;">•<span class="f2" ><span style="letter-spacing:5.28px"> </span>Simple risks, like a small office, rates </span></span><span data-textwidth="345.78" class="sg nowrap f2" style="z-index:8;font-size:122%; left:67.05px;top:73.70px;">are provided by insurer and premiums </span><span data-textwidth="216.88" class="sg nowrap f2" style="z-index:9;font-size:122%; left:67.05px;top:97.47px;">calculated by producers.</span></p><p></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="351.78" class="sg nowrap f3" style="z-index:10;font-size:122%; left:13.04px;top:161.28px;">•<span class="f4" style="font-weight:bold; "><span style="letter-spacing:5.28px"> </span>Insurer Rating – More Complex Risks</span></span></p><p para="{in:2,bl:{ch:8226},spbf:5.00}"><span data-textwidth="361.62" class="sg nowrap f3" style="z-index:14;font-size:122%; left:49.05px;top:189.97px;">•<span class="f2" ><span style="letter-spacing:5.28px"> </span>Complex risks are rated by insurers on </span></span><span data-textwidth="313.37" class="sg nowrap f2" style="z-index:16;font-size:122%; left:67.05px;top:213.53px;">the basis of information (as above, </span><span data-textwidth="277.37" class="sg nowrap f2" style="z-index:17;font-size:122%; left:67.05px;top:237.30px;">obtained by the producer) and </span><span data-textwidth="332.94" class="sg nowrap f2" style="z-index:18;font-size:122%; left:67.05px;top:261.06px;">sometimes inspection by the insurer. </span></p><p para="{in:2,bl:{ch:8226},spbf:5.00}"><span data-textwidth="346.49" class="sg nowrap f3" style="z-index:19;font-size:122%; left:49.05px;top:290.07px;">•<span class="f2" ><span style="letter-spacing:5.28px"> </span>Rates provided by Insurers’ Advisory </span></span><span data-textwidth="333.90" class="sg nowrap f2" style="z-index:21;font-size:122%; left:67.05px;top:313.63px;">Organization of Canada (IAO) may be </span><span data-textwidth="224.20" class="sg nowrap f2" style="z-index:22;font-size:122%; left:67.05px;top:337.40px;">taken as a starting point. </span></p><p para="{in:2,bl:{ch:8226},spbf:5.00}"><span data-textwidth="256.24" class="sg nowrap f3" style="z-index:23;font-size:122%; left:49.05px;top:366.41px;">•<span class="f2" ><span style="letter-spacing:5.28px"> </span>Rating can be very flexible.</span></span></p></div></div></div> <div class="sg" id="s209" data-sgid="Picture 76" style="z-index:2;left:0.00px;top:-0.48px;width:960.38px;height:540.48px"> <img class="sg" src="771E4C0C.png" id="s209_i" style="z-index:1;left:0px;top:0px;width:960.38px;height:540.48px" > </div> <div class="sg" id="s208" data-sgid="Rectangle 74" style="z-index:1;left:0.00px;top:-0.48px;width:480.25px;height:540.48px" data-pointer-events="none"> <img class="sg" src="5D1D115.jpg" id="s208_i" style="z-index:1;left:0px;top:0px;width:480.25px;height:540.48px" > </div> <div class="sg sgTitle" id="s210" data-sgid="Title 1" style="z-index:3;left:49.90px;top:161.16px;width:289.54px;height:218.04px" data-valign="middle" data-pointer-events="none"> <div id="s210_t" class="sg" style="z-index:2;left:-19.31px;top:0.00px;width:308.85px;height:218.04px;"><div><p><span data-textwidth="111.50" class="sg nowrap f1" style="z-index:2;color:#FFFFFF;font-size:244%; left:27.02px;top:84.49px;">Rating</span></p></div></div></div> <div class="sg" id="s214" data-sgid="Audio 2" style="z-index:7;left:878.11px;top:458.21px;width:64.88px;height:64.88px" data-href=""> <audio type="audio/mpeg" xmlns="audio" src="E96EC264.mp3" preload="auto" data-startpoint="0" data-duration="1000000"></audio><img class="sg" src="1F635CB065x65.png" id="s214_i" style="z-index:1;left:0px;top:0px;width:64.88px;height:64.88px" > </div> <div class="sg" id="s213" data-sgid="Slide Number Placeholder 3" style="z-index:6;left:851.46px;top:489.16px;width:45.82px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s213_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:45.82px;height:25.67px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="11.04" class="sg nowrap f3" style="z-index:2;color:#898989;font-size:56%; left:27.81px;top:8.87px;">26</span></p></div></div></div> <div class="sg" id="s212" data-sgid="Footer Placeholder 1" style="z-index:5;left:435.16px;top:489.16px;width:417.15px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s212_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:417.15px;height:25.67px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="200.91" class="sg nowrap f2" style="z-index:2;color:#898989;font-size:56%; left:209.23px;top:8.27px;">© Copyright MRD Training & Consulting Inc. 2014</span></p></div></div></div> <div class="sg" id="s215" data-sgid="Rectangle 200" style="z-index:1;left:0.00px;top:-0.48px;width:960.38px;height:212.88px" data-pointer-events="none"> <img class="sg" src="F89F129D.jpg" id="s215_i" style="z-index:1;left:0px;top:0px;width:960.38px;height:212.88px" > </div> <div class="sg sgTitle" id="s217" data-sgid="Title 1" style="z-index:3;left:92.35px;top:64.65px;width:774.71px;height:105.16px" data-valign="middle" data-pointer-events="none"> <div id="s217_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:774.71px;height:105.16px;"><div><p para="{al:2}"><span data-textwidth="476.12" class="sg nowrap f1" style="z-index:2;color:#FFFFFF;font-size:222%; left:149.61px;top:29.61px;">Submission of Risks to Insurer</span></p></div></div></div> <div class="sg" id="s216" data-sgid="Picture 202" style="z-index:2;left:0.00px;top:-0.48px;width:960.38px;height:540.48px"> <img class="sg" src="36A481AF.png" id="s216_i" style="z-index:1;left:0px;top:0px;width:960.38px;height:540.48px" > </div> <div class="sg" id="s218" data-sgid="Content Placeholder 1" style="z-index:4;left:92.35px;top:211.55px;width:774.71px;height:244.17px" data-valign="top" data-pointer-events="none"> <div id="s218_t" class="sg" style="z-index:2;left:-4.19px;top:-4.91px;width:778.90px;height:254.58px;"><div><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="264.64" class="sg nowrap f3" style="z-index:2;font-size:111%; left:11.94px;top:8.49px;">•<span class="f4" style="font-weight:bold; "><span style="letter-spacing:6.48px"> </span>Prepare submissions carefully</span></span></p><p para="{in:2,bl:{ch:8226},spbf:5.00}"><span data-textwidth="635.63" class="sg nowrap f3" style="z-index:4;font-size:111%; left:47.94px;top:35.13px;">•<span class="f2" ><span style="letter-spacing:6.49px"> </span>Get photos, clear up questions and get complete information from the start.</span></span></p><p para="{in:2,bl:{ch:8226},spbf:5.00}"><span data-textwidth="619.19" class="sg nowrap f3" style="z-index:6;font-size:111%; left:47.94px;top:61.66px;">•<span class="f2" ><span style="letter-spacing:6.49px"> </span>Mention if the premises are well kept, good “housekeeping”, updates, etc.</span></span></p><p></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="654.95" class="sg nowrap f3" style="z-index:8;font-size:111%; left:11.94px;top:119.87px;">•<span class="f4" style="font-weight:bold; "><span style="letter-spacing:6.48px"> </span>Make it easy for the underwriter to accept the business at the rate you want.</span></span></p><p></p><p para="{bl:{ch:8226},spbf:10.00}"><span data-textwidth="480.20" class="sg nowrap f3" style="z-index:10;font-size:111%; left:11.94px;top:183.13px;">•<span class="f4" style="font-weight:bold; "><span style="letter-spacing:6.48px"> </span>Keep a copy of the details supplied for future reference.</span></span></p><p para="{in:2,bl:{ch:8226},spbf:5.00}"><span data-textwidth="707.28" class="sg nowrap f3" style="z-index:12;font-size:89%; left:47.94px;top:210.25px;">•<span class="f2" ><span style="letter-spacing:8.77px"> </span>Help from field inspectors and underwriters can be valuable, get to know them, go out on inspections and </span></span><span data-textwidth="172.35" class="sg nowrap f2" style="z-index:14;font-size:89%; left:65.95px;top:227.58px;">learn as much as you can!!</span></p></div></div></div> <div class="sg" id="s221" data-sgid="Audio 2" style="z-index:7;left:878.11px;top:458.21px;width:64.88px;height:64.88px" data-href=""> <audio type="audio/mpeg" xmlns="audio" src="FA7E24CF.mp3" preload="auto" data-startpoint="0" data-duration="1000000"></audio><img class="sg" src="1F635CB065x65.png" id="s221_i" style="z-index:1;left:0px;top:0px;width:64.88px;height:64.88px" > </div> <div class="sg" id="s220" data-sgid="Slide Number Placeholder 3" style="z-index:6;left:851.46px;top:489.16px;width:45.82px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s220_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:45.82px;height:25.67px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="11.04" class="sg nowrap f3" style="z-index:2;color:#898989;font-size:56%; left:27.81px;top:8.87px;">27</span></p></div></div></div> <div class="sg" id="s219" data-sgid="Footer Placeholder 1" style="z-index:5;left:62.98px;top:489.16px;width:518.99px;height:25.67px" data-valign="middle" data-pointer-events="none"> <div id="s219_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:518.99px;height:25.67px;"><div><p para="{spaf:6.00}"><span data-textwidth="200.91" class="sg nowrap f2" style="z-index:2;color:#898989;font-size:56%; left:7.71px;top:8.27px;">© Copyright MRD Training & Consulting Inc. 2014</span></p></div></div></div> <div class="sg sgTitle" id="s223" data-sgid="Title 1" style="z-index:2;left:67.51px;top:79.04px;width:269.77px;height:378.35px" data-valign="middle" data-pointer-events="none"> <div id="s223_t" class="sg" style="z-index:2;left:-19.28px;top:0.00px;width:289.06px;height:378.35px;"><div><p><span data-textwidth="214.60" class="sg nowrap f1" style="z-index:2;color:#FFFFFF;font-size:244%; left:26.90px;top:117.16px;">Before Your </span><span data-textwidth="92.30" class="sg nowrap f1" style="z-index:3;color:#FFFFFF;font-size:244%; left:26.90px;top:164.69px;">Next </span><span data-textwidth="188.91" class="sg nowrap f1" style="z-index:4;color:#FFFFFF;font-size:244%; left:26.90px;top:212.22px;">Module…..</span></p></div></div></div> <div class="sg" id="s226" data-sgid="Content Placeholder 2" style="z-index:5;left:408.29px;top:36.57px;width:518.99px;height:464.00px"> <div id="s226_t" class="sg" style="z-index:2;left:0px;top:0px;width:518.99px;height:464.00px;"><div><p><span data-textwidth="315.89" class="sg nowrap f2" style="z-index:2;color:#FFFFFF;font-size:139%; left:167.69px;top:39.29px;">Pull out the policy wordings </span><span data-textwidth="285.77" class="sg nowrap f2" style="z-index:3;color:#FFFFFF;font-size:139%; left:167.69px;top:66.77px;">posted as your references</span><span data-textwidth="301.85" class="sg nowrap f2" style="z-index:4;color:#FFFFFF;font-size:139%; left:167.69px;top:204.80px;">Take a read of the wording </span><span data-textwidth="261.16" class="sg nowrap f2" style="z-index:5;color:#FFFFFF;font-size:139%; left:167.69px;top:232.29px;">before the next module</span><span data-textwidth="336.18" class="sg nowrap f2" style="z-index:6;color:#FFFFFF;font-size:139%; left:167.69px;top:370.32px;">Bring a highlighter and a note </span><span data-textwidth="50.17" class="sg nowrap f2" style="z-index:7;color:#FFFFFF;font-size:139%; left:167.69px;top:397.81px;">pad!</span></p></div></div><img class="sg" src="87BD23B5.png" id="s226_i" style="z-index:1;left:0px;top:0px;width:518.99px;height:464.00px" > </div> <div class="sg" id="s222" data-sgid="Freeform: Shape 11" style="z-index:1;left:37.67px;top:36.57px;width:345.67px;height:464.48px" data-fillcolor="4210752"> <img class="sg" src="B67A205F346x464.png" id="s222_i" style="z-index:1;left:0px;top:0px;width:345.67px;height:464.48px" > </div> <div class="sg" id="s227" data-sgid="Audio 2" style="z-index:6;left:878.11px;top:458.21px;width:64.88px;height:64.88px" data-href=""> <audio type="audio/mpeg" xmlns="audio" src="967C6114.mp3" preload="auto" data-startpoint="0" data-duration="1000000"></audio><img class="sg" src="1F635CB065x65.png" id="s227_i" style="z-index:1;left:0px;top:0px;width:64.88px;height:64.88px" > </div> <div class="sg" id="s224" data-sgid="Footer Placeholder 3" style="z-index:3;left:58.65px;top:499.72px;width:324.69px;height:29.62px" data-valign="middle" data-pointer-events="none"> <div id="s224_t" class="sg" style="z-index:2;left:-0.11px;top:0.00px;width:324.80px;height:29.73px;"><div><p para="{spaf:6.00}"><span data-textwidth="240.16" class="sg nowrap f2" style="z-index:2;color:#898989;font-size:67%; left:7.71px;top:8.99px;">© Copyright MRD Training & Consulting Inc. 2014</span></p></div></div></div> <div class="sg" id="s225" data-sgid="Slide Number Placeholder 4" style="z-index:4;left:843.67px;top:499.72px;width:50.27px;height:29.62px" data-valign="middle" data-pointer-events="none"> <div id="s225_t" class="sg" style="z-index:2;left:0.00px;top:0.00px;width:50.27px;height:29.73px;"><div><p para="{al:3,spaf:6.00}"><span data-textwidth="12.24" class="sg nowrap f2" style="z-index:2;color:#898989;font-size:67%; left:31.04px;top:8.99px;">28</span></p></div></div></div>