OVERVIEW AND TOPICS


Participants will examine the ISO Commercial Property Coverage Forms and various endorsements to consider for use when writing insurance policies for their commercial clients. They will identify potential coverage pitfalls found in different areas of property insurance, such as: insurance contracts and leases, coinsurance, personal property versus real property valuation, how to use blanket values, agreed value, functional valuation, debris removal, ordinance or law, spoilage, additional covered property, and more.
This session will explore the liability exposures and coverage solutions for businesses that do not own automobiles. Attention will be given towards specific BAP endorsements that affect Who Is an Insured, Garagekeepers coverage, and leased autos.
Agents will examine some of the endorsements that can severely restrict coverage under the Commercial General Liability (CGL) Policy. They will review several ISO endorsements and see examples of non-standard endorsements often used by insurers. In each case, they will discuss the effect that the endorsement has on the coverage that would otherwise have been afforded by the CGL Policy.
Participants will examine the relationship between ethics and the choices insurance professionals make to protect their agencies against errors and omissions. They will discuss the ethical responsibilities of insurance producers, different approaches to decision making, and factors that determine the standard of care. Using real-life ethical dilemmas, they will look at some of the situations faced by insurance producers from ethical and E&O perspectives.

COURSE DETAILS


DURATION
16 Hours

PRICE
Contact for Details

FORMAT
Classroom

CE CREDIT
Varies by State

INSTRUCTION LEVEL
Master

FINAL EXAM
No Exam

EVENT LOCATION


Western National Insurance Group

4700 West 77th St.
Edina, MN
55435

952-835-5350

FACULTY BIO


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