Level: Intermediate
Why you need this learning module:
After completing this learning module, you’ll be able to analyze your organization’s current liability insurance plan.
Upon successful completion of this learning module, you should be able to:
- Describe the importance and contents of insurance binders.
- Describe the physical construction of insurance policies.
- Summarize the effect of each of the following common policy provisions:
- Declarations
- Definitions
- Insuring agreement
- Conditions
- Exclusions
- Miscellaneous provisions
- Describe the types of property and liability deductibles.
- Explain how large deductible plans operate.
- Describe the role of excess liability insurance in providing an organization with adequate liability coverage limits.
- Describe the role of umbrella liability insurance in providing an organization with adequate liability coverage limits.
Cost: $20 per Professional Development Hour (PDH). Information on Professional Development Hours (PDH) provided can be found here.
Insurance Plan Design Topics Include:
- Importance and contents of insurance binders
- Physical construction of insurance policies
- The effect of each of the following common policy provisions:
- Declarations
- Definitions
- Insuring agreement
- Conditions
- Exclusions
- Miscellaneous provisions
- Types of property and liability deductibles
- How large deductible plans operate
- Role of excess liability insurance in providing an organization with adequate liability coverage limits
- Role of umbrella liability insurance in providing an organization with adequate liability coverage limits
Additional Course Resource
Additional Knowledge Solutions
E-mail: customerservice@TheInstitutes.org
Phone: (800) 644-2101
Fax: (610) 640-9576
Mail: AICPCU/IIA
720 Providence Road
Suite 100
Malvern, PA 19355-3433
Customer Service hours are Monday through Friday, 8:00 a.m. to 6:00 p.m. eastern time.
