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Waiver of Inventory Clause
The inventory requirement of undamaged property when a claim is filed for damaged property is waived for certain circumstances in this Property insurance provision. In a Fire policy, a coinsurance clause normally requires such an inventory or appraisal when the claim happens. If the claim is small, the waiver eliminates the cost involved in doing an inventory.
Insurance Industry News from ProgramBusiness.comVideo Banners
PROGRAMBUSINESS.COM NOW OFFERS VIDEO BANNER SOLUTIONS ON-LINE.
Wholesalers, MGAs, reinsurers, carriers, program administrators, and vendors already reach thousands of retail agencies daily looking for insurance products and programs through ProgramBusiness.com, the on-line portal where the business of insurance happens. Through data searches, storefront advertising, the bi-monthly ProgramNews, and the Trading Floor, retailers and wholesalers come together quickly and easily, having placed $1 billion in premium on-line.
Now programbusiness.com is offering a new way of advertising your company, products and services to insurance retailers: through web-based Video Banner Ads and Custom Video Profiles. Using this exciting media content, you will:
Enhance your business message with video streaming, voice-over
Take your company brand to the next level Experience increased click-through rates to your website – you can see as much as a 300% increase by incorporating video into on-line advertising messages.
We will create the video banner or profile for you. You can opt to include your custom Video Banner on programbusiness.com, where 221,000 users visit each month; on the Daily NewsFlash, breaking insurance news that is delivered each morning via email to 58,000 insurance professionals; and in the bi-monthly marketing newsletter ProgramNews. You can also include Custom Video Profiles in your Storefront.
To find out more about this new service, go to VIDEO BANNERS. You can see sample ads for wholesalers, reinsurers and others and get an overview of rates and how the program works. Or, just call: 1.800.326.2700 Click for the whole story...