Insuring Commercial Property
Self-Paced Online Course
Gain a grasp of the types of commercial property, be able to identify parties with an insurable interest, and understand the difference between direct and indirect loss.
Commercial property insurance is one of your business customers’ greatest concerns. You’ll improve your cross-selling abilities with up-to-date knowledge of commercial property coverage and reduce E&O exposures. Insuring Commercial Property gives you the skills to address these issues with greater ease and confidence.
Basics of property insurance policies, how to identify and explain types of property policies, different valuation methods used, how coinsurance applies, and how to handle fluctuating property values.
Building and All tangible property not classified as real property. See Real property. More Coverage Form, the definition of Covered Property (Building, Includes trade, profession, or occupation. More Personal Property, and Personal Property of Others), and the differences between Additional Coverages, Coverage Extensions, and Optional Coverages.
Comparisons of coverages, exclusions, and limitations of the various Cause of A reduction in value. More Forms – Basic (CP 10 10), Broad (CP 10 20), and Special (CP 10 30).
Significant Includes trade, profession, or occupation. More Income exposure and methods of providing the appropriate insurance protection.
Overview of the nationwide Inland Marine definitions and the distinction between controlled and uncontrolled inland marine lines.