How Commercial Crime Coverage Protects a Business

Overview

Crime insurance has sometimes been characterized as "the other property coverage." While businesses see an obvious need for insurance to protect their property and revenue streams against loss by fire and other physical perils, the need to insure against crime losses is less obvious.

This course reviews crime exposures and discusses the seven crime coverages and many endorsements that can be used to properly insure these exposures.

Learning Objectives

Upon completion of this course, students will be able to:

  • identify reasons why businesses need crime insurance
  • recognize the key elements of crime insurance
  • identify the seven basic crime insurance coverages
  • recognize the effect of many standard endorsements available to modify or supplement basic crime insurance coverages

Designed For

Property/casualty insurance producers; risk managers; CPAs
International Risk Management Institute, Inc. (IRMI) is the premier provider of risk and insurance continuing education and reference publications, and is considered the ultimate authority by leading insurance practitioners. Written by industry experts, IRMI courses provide the most up-to-date, practical and reliable information possible.

Advanced Preparation

None

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