Course

Course Summary
Credit Type:
Course
ACE ID:
AICP-0051
Organization's ID:
CPCU 551
Organization:
American Institute For Chartered Property Casualty Underwriters/The Institutes
Location:
Classroom-based
Length:
13 weeks (52 -- 78 hours)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Upper-Division Baccalaureate 3 Commercial Property Risk Management
Description

Objective:

The course objective is to acquire advanced knowledge of commercial property loss exposures and the corresponding risk management techniques for handling those exposures, with emphasis on arranging coverage using the appropriate coverage forms and endorsements.

Learning Outcomes:

  • Analyze an organization's property loss exposures, recommend appropriate insurance or other risk management techniques for handling those exposures, and explain whether a described loss would be covered under any of these insurance forms or policies: bu

General Topics:

  • Introduction to commercial property risk management and insurance
  • Building and personal property coverage form
  • Other commercial property coverage options
  • Other commercial property coverage forms
  • Flood, earthquake, and specialty forms
  • Business income insurance
  • Inland marine and ocean cargo insurance
  • Commercial crime insurance
  • Equipment breakdown insurance
  • Business-owners and farm insurance
  • As well as financial institution bonds and surety bonds
Instruction & Assessment

Instructional Strategies:

  • Case Studies
  • Practical Exercises

Methods of Assessment:

  • Examinations

Minimum Passing Score:

70%
Supplemental Materials