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Attention: This course is not approved for State reported continuing education credits.
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The State of Nevada has only approved this course for 3 credits of Property & Casualty and 3 credits of Ethics.
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OVERVIEW AND TOPICS
Fundamentals of Commercial Property Insurance
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 Personal Property Coverage Form
Building and Personal Property Coverage Form, the definition of Covered Property (Building, Business Personal Property, and Personal Property of Others), and the differences between Additional Coverages, Coverage Extensions, and Optional Coverages.
Causes of Loss Forms
Comparisons of coverages, exclusions, and limitations of the various Cause of Loss Forms - Basic (CP 10 10), Broad (CP 10 20), and Special (CP 10 30).
Basics of Time Element Insurance
Significant Business Income exposure and methods of providing the appropriate insurance protection.
Basics of Commercial Inland Marine Insurance
Overview of the nationwide Inland Marine definitions and the distinction between controlled and uncontrolled inland marine lines.