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Attention: This course is not approved for State reported continuing education credits.
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This Online MEGA is allowed only for CIC, CRM and CPRM Dues Paid designees.
To earn designation update credit in this course, you MUST have paid your annual dues. Please click the link to Pay your Dues
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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
Contract Analysis for the Contractor by the Insurance Professional
In this session, participants will learn about construction agreements, rental agreements, and lease agreements. They will analyze various contracts and be able to explain the hold harmless agreement, waiver of subrogation, property requirements, subcontractor relationship to general contractor, certificates of insurance, and warranties.
Property Exposures and Coverages for Contractors
Contractors have some unique property exposures. This course will walk participants through some important coverage considerations, including Builders Risk, Installation Floaters, and Contractors Equipment Floaters.
Named Insureds, Automatic Insureds & Non-Automatic Insureds
Participants will examine the status of Named Insureds, Automatic Insureds, and Non-Automatic Insureds in the Commercial General Liability and Business Auto Coverage Forms. They will learn the primary reasons for adding Additional Insureds, as well as the advantages and disadvantages. For each policy, a brief discussion of who is an insured is necessary to the understanding of why the additional insured endorsement may be needed and how it changes coverage.
Contractors Liability Exposures & Coverages
Insuring contracting risks can be tricky, especially when it comes to liability coverage. This course takes an in-depth look at the CGL Policy, including important endorsements needed to fill gaps created by policy exclusions.
