Certificates of Insurance and the related issue of Additional Insureds are often sources of frustration, confusion, and E&O claims for the insurance producer.  In this session, agents will review critical things to consider before issuing a certificate and identify ways to avoid some of the common problems and errors. 

Develop environmental awareness and understand how to help businesses manage and transferA technique involving one party transferring the uncertainty of loss to another party or parties. More their environmental exposures.

(Final Exam Required)

Do you know what to do when a crisisAny critical incident that involves death, serious injury, or threat to people; damage to environment, animals, property and/or data; disruption of operations; threat to the ability to carry out organizational mission and goals; and/or, threat to the financial welfare and image of the organization. More occurs? Uncover the insurance implications and general principles of crisisAny critical incident that involves death, serious injury, or threat to people; damage to environment, animals, property and/or data; disruption of operations; threat to the ability to carry out organizational mission and goals; and/or, threat to the financial welfare and image of the organization. More response for active assailants, product recalls, and data breachFailure to live up to the conditions or warranties contained in a contract. More/cybersecurity incidents. Analyze a data breachFailure to live up to the conditions or warranties contained in a contract. More claimA demand or obligation for payment as a result of a loss. More and form a plan of action.

Gain a better understanding of the current exposures associated with cyber risks and ways to protect their clients and themselves.  

Discuss the significant issues encountered when writing employment practices liabilityLegal responsibility or fault. More, cyber liabilityLegal responsibility or fault. More, professional liabilityLegal responsibility or fault. More, and technology errors and omissions.  

How to use Builders RiskThe chance of loss; the uncertainty of loss; the variation from the expected outcome over time; the difference between expected losses and actual losses. More Coverage forms, identify pitfalls to using Commercial Property policies to cover construction and renovation projects, and review key features of the Builders RiskThe chance of loss; the uncertainty of loss; the variation from the expected outcome over time; the difference between expected losses and actual losses. More Policy including how to use the Installation Floater. 

The participant will learn how life and health insurance products take the uncertainty out of businessIncludes trade, profession, or occupation. More planningThe process a risk manager takes to predetermine a course of action; an element of the managerial process. More.  The program will specifically discuss the risks that face every businessIncludes trade, profession, or occupation. More ownerThe individual or entity controlling all rights, benefits, and privileges of a life insurance contract. This may or may not be the insured. Ownership may be assigned or transferred by written request of the current owner., death, disabilityA physical or mental incapacity. More and retirement, and how to mitigate these risks.  

Identify the reasons for providing the necessary insurance coverage for their high-net-worth client’s collections the challenges associated with this unique exposureA situation, practice or condition that may lead to an adverse financial consequence; an activity or resource; people and assets More. Understand valuation issues, appraisal practices, and use actual scenarios to examine the damage assessment process.  

The SECURE Act’s purpose and how it impacts employer-sponsored retirement, defined contribution, and defined benefit plans, as well as individual retirement accounts, and 529 plans.   

Learn about Social Security, MedicareA federal government medical insurance plan originally for individuals age 65 and older or disabled. The age requirement has been raised based on year of birth. More, and MedicaidA jointly funded federal and state program that provides hospital expenses, medical expense coverage, and in some cases long-term-care-type coverage to the low-income population and certain aged and disabled individuals. More to understand the intent of the various benefits, the advantages, and disadvantages of the three programs, ways to qualify and file for the various benefits, and options available to a qualifying recipient. Learn how Life and Health insurance products provide a way to replace or coordinate Social Security and MedicareA federal government medical insurance plan originally for individuals age 65 and older or disabled. The age requirement has been raised based on year of birth. More. Examine Health Insurance products that assist with deductibles, co-pays, or excluded coverage found in MedicareA federal government medical insurance plan originally for individuals age 65 and older or disabled. The age requirement has been raised based on year of birth. More.