Course

Course Summary
Credit Type:
Course
ACE ID:
AICP-0051
Organization's ID:
CPCU 551 (AICP-0051)
Location:
Hybrid
Length:
4-6 weeks
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Upper-Division Baccalaureate 3 commercial property risk
Description

Objective:

The course objective is for the learner 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:

  • understand how commercial property risks are managed
  • know building and personal property coverage
  • understand how to apply building and personal property conditions
  • explain how appropriate coverage extensions are determined
  • provide and explanation of how disasters and unique losses are managed.
  • understand business income coverage
  • understand how to select appropriate business income coverage
  • know coverage for property in transit
  • explain how to mitigate crime losses
  • meet other commercial coverage needs.

General Topics:

  • Managing commercial property risks
  • Examining building and personal property coverage
  • Applying building and personal property conditions
  • Determining appropriate coverage extensions
  • Managing disaster and unique losses
  • Examining business income coverage
  • Selecting appropriate business income coverage
  • Covering property in transit
  • Mitigating crime losses
  • Meeting other commercial coverage needs
Instruction & Assessment

Instructional Strategies:

  • Case Studies
  • Practical Exercises

Methods of Assessment:

  • Examinations

Minimum Passing Score:

70%
Supplemental Materials