IIBC – Equipment Breakdown: Boiler & Machinery (Kelowna)

* Seminar includes a guided tour of the hotel boiler room.  Don’t miss out!
Equipment Breakdown Insurance is an often overlooked, but vital segment of the insurance market; this seminar is geared towards helping you better understand it. Equipment Breakdown Insurance premium volumes in Canada now near three hundred million dollars annually, and there are thousands of uninsured exposures out there lacking this essential coverage. Equipment Breakdown Insurance is an important piece of protection in a risk management plan that no business should be without. Unfortunately, equipment owners never realize the importance of this type of coverage until a large claim is made and denied by property insurers.

SEMINAR OBJECTIVES

• Examine why coverage is needed – property exclusions, loss prevention, jurisdictional inspections
• Compare insurance vs warranties vs maintenance contracts
• Determine what types of equipment are covered and what causes it to break down
• Discuss how an equipment breakdown policy responds to losses
• Identify methods of placement
• Explore claims examples and discussion
• Engage in a guided tour of the hotel boiler room

SEMINAR PRESENTER

Darlene McBride, FRM, CIP, Manager, Vancouver Regional Office
Boiler Inspection & Insurance Company of Canada (BI&I)

Date and Time: October 03, 2019 1:00pm – 4:15pm PST

Number of Continuing Education Credits:  3 Technical

Registration Deadline: Friday, September 27, 2019

Fees: The price for this seminar includes coffee service, light snacks and GST.
$125 CIP Society Members (Graduates)
$150 IIBC Members
+$80 Non-Members – IIBC Membership Fee of $80 (expiring May 31, 2020) is applicable. Please register manually.

Corporate Rate: $115 per attendee for corporate groups of 6 or more (membership is additional for non-members). To register with a corporate rate, please contact Winnie  in advance at whon@insuranceinstitute.ca .

Questions?
Contact  Winnie Hon  at  whon@insuranceinstitute.ca .