Course Information

ERIS

Commercial Liability Insurance for the Energy Industry

Overview

The energy industry shares common exposures with other industries but also faces unique risks. This course examines the three coverage parts of the commercial general liability (CGL) policy, focusing on insuring agreements, key provisions, conditions, and exclusions. It reviews endorsements that modify coverage and concludes with a discussion on umbrella liability insurance for energy companies.

Summary Details

Price

$149.00

This course is not subject to discount pricing.

Save Time and Money with Additional Credit

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AFIS ^{Reciprocity Discount Program

Add renewal credit for any of your active IRMI certifications for $69.00/certification course. Simply select the additional credit you need before adding your renewal course to your shopping cart. You must have completed the CORE courses for the certification you are requesting credit for to properly update your certification status.}

CRIS ^{Reciprocity Discount Program

Add renewal credit for any of your active IRMI certifications for $69.00/certification course. Simply select the additional credit you need before adding your renewal course to your shopping cart. You must have completed the CORE courses for the certification you are requesting credit for to properly update your certification status.}

MRIS ^{Reciprocity Discount Program

Add renewal credit for any of your active IRMI certifications for $69.00/certification course. Simply select the additional credit you need before adding your renewal course to your shopping cart. You must have completed the CORE courses for the certification you are requesting credit for to properly update your certification status.}

MLIS ^{Reciprocity Discount Program

Add renewal credit for any of your active IRMI certifications for $69.00/certification course. Simply select the additional credit you need before adding your renewal course to your shopping cart. You must have completed the CORE courses for the certification you are requesting credit for to properly update your certification status.}

TRIP ^{Reciprocity Discount Program

Add renewal credit for any of your active IRMI certifications for $69.00/certification course. Simply select the additional credit you need before adding your renewal course to your shopping cart. You must have completed the CORE courses for the certification you are requesting credit for to properly update your certification status.}

INS ^{Add Insurance CE Credit to Your Course
Add insurance continuing education credit to your course for only a small additional charge. States where the course is approved will appear in the drop down menu. Once the state is selected you will then see the approved credit hours and fee. Ordering at the time of purchase will allow you to complete one exam and receive certificates of completion for each of the state credits added. Credits will be reported upon completion, where we report according to our reporting schedule for the state where credits are approved.}

Learning Objectives

identify the major categories of insurable liability risk faced by energy industry companies and explain how each is covered by the standard CGL policy;
identify examples of (1) “bodily injury” and (2) “property damage” and differentiate “bodily injury” from “personal injury”;
identify the scope of the CGL exclusions, such as contractual liability, pollution, professional services, and underground resources and equipment, and explain when they do and do not apply to claims;
recognize the significance of “insured” status to the availability of coverage under a standard CGL policy and differentiate between a named insured, an automatic insured, and an additional insured under the standard CGL policy

Designed For:

Property and casualty risk, safety, insurance, and finance professionals

WebCE® is registered with the National Association of State Boards of Accountancy (NASBA)as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. For more information regarding WebCE administrative policies such as refunds, cancellations and concerns, please contact Support Services at 877-488-9308.

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.

Course Information

Adding additional credit may change exam requirements.

Access Period:	12 months
Prerequisites:	A basic understanding of commercial liability exposures and insurance coverage
Advanced Preparation:	None
Delivery Method:	Self-Study
PDF Download:	Available
Provider of Record:	WebCE
Field of Study:	Specialized Knowledge
Last Reviewed:	September 2024
Study Level:	Intermediate
Approved For:	Core

Exam

Proctor:	No
Passing Grade:	70
Questions:	50

At WebCE, we are passionate about delivering exceptional professional development solutions. With world-class customer support and education to serve multiple professions, we're here to help professionals reach their career goals.

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