Course

Course Summary
Credit Type:
Course
ACE ID:
AICP-0156
Organization's ID:
AINS 101
Organization:
American Institute For Chartered Property Casualty Underwriters/The Institutes
Location:
Hybrid
Length:
Self-paced (6-9 hours)
Dates Offered:
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:

  • Case Studies
  • Practical Exercises

Methods of Assessment:

  • Examinations
  • Final exam

Minimum Passing Score:

70%
Supplemental Materials