Insurance CE > West Virginia > Property and Casualty

Protecting Your Practice: Avoiding E&O Loss Through Documentation

Overview

Business liability exposures have grown, and insurance agents face additional risks, including professional liability or E&O. This course covers using documentation to manage E&O claims, explaining the nature of E&O risk, effective documentation fundamentals, and the importance of standard operating procedures (SOPs). It also provides examples of documentation types, such as file documentation, confirmation letters, checklists, and phone logs.

Summary Details

Hours

3.0

Price

$15.20





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Learning Objectives

  • Recognize why it is important to control E&O claims and how important the role of documentation is in controlling E&O claims
  • Recognize what should be documented and distinguish among various forms of documentation
  • Identify the types of documentation likely to be admissible in a court of law
  • Recognize the importance of SOPs for documentation and identify ways of creating SOPs
  • Identify the various types of agency files and recognize types of information each file should contain
  • Identify the reasons why checklists can be an E&O defense tool when used appropriately


Designed For:

Property and casualty insurance professionals in all stages of their career



Course Information

Adding additional credit may change exam requirements.

Access Period: 12 months
Prerequisites: None
Delivery Method: Self-Study
PDF Download: Available
Provider of Record: WebCE
Provider Number: 12712
Approved For: Ethics

Exam

Proctor: Yes
Passing Grade: 70
Questions: 25



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