Course

Credit Type:
Course
ACE ID:
AICP-0156
Version:
2
Organization's ID:
AINS 101
Location:
Online
Length:
This course is self paced, and many learners complete it in 6-8 weeks.
Minimum Passing Score:
70
ACE Credit Recommendation Period:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 3 Introduction to Insurance and Risk
Description

Objective:

The course objective is to provide a broad introduction to the basics of the insurance business and examines the roles that each insurer department plays in serving the customer.

Learning Outcomes:

  • Explain why insurance exists
  • Understand how insurers succeed
  • know how underwriting works
  • Understand how insurers handle claims
  • Understand how insurers reach customers
  • Explain what constitutes an insurance policy

General Topics:

  • Why do we have insurance
  • How do insurers succeed
  • How does underwriting work
  • How do insurers handle claims
  • How do insurers reach customers
  • What goes into an insurance policy
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials
  • Case Studies
  • Computer Based Training
  • Practical Exercises

Methods of Assessment:

  • Examinations
  • Final exam
Supplemental Materials
Equivalencies

Other offerings from American Institute For Chartered Property Casualty Underwriters/The Institutes