This Study Guide has been prepared to enhance your learning experience. It contains all of the Check-In questions, Knowledge Checks, and Self-Quizzes contained within the course, along with an Answer Key and Glossary. Use it as a tool to help practice and assess your knowledge of the course material, but do not mistake it for a comprehensive “short-cut” to preparing for the final exam.
Be sure to take a look at the section, “Appendix,” that follows the Answer Key in this Study Guide. It contains valuable suggestions for test preparation and study techniques, as well as some sample exam questions and a glossary of terms.
Your path to success in passing the final exam will come from your attentiveness during the course and the effort you put into preparation.
Use this study set to review digital flashcards and play interactive vocabulary games for the insurance and risk management terms found in the glossary of this course!
Use this trivia-style review game to test your knowledge prior to taking the final exam for this course!
Use this interactive review activity to test your understanding of coinsurance prior to taking the final exam for this course!
Section 1 – Part 1 – Structure of a Commercial Property Policy: Commercial Property Coverage Forms
Building a Commercial Property Policy
This video highlights some of the questions insurance advisors should ask their clients when discussing common commercial property insurance exposures, as well as exposures the client may not have considered.
Section 1 – Part 2 – Methods of Writing Commercial Property Insurance: Blanket Coverage
CIC Commercial Property Review
In this video, the knowledge base and tools that are essential for mastering commercial property insurance are introduced, with a special emphasis placed on the considerations of writing blanket insurance.
Section 2 – Special Form Exclusions: Paragraph 2: Concurrent Causation Exclusions
Special Form Exclusions: Group 1 vs. Group 2
This video examines the differences in the policy language for the Group 1 and Group 2 exclusions found in the ISO Causes Of Loss – Special Form and how these differences impact coverage.
Section 3 – Part 2 – Additional Condition – Coinsurance:
Underestimating a Time Element Loss
Watch this video to walk through a real-world example of how to help your clients understand how much business income insurance they may actually need in order to recover from a catastrophic loss.