Course Information

AFIS

Equipment Breakdown and Inland Marine Insurance for Manufacturers

Overview

Manufacturers rely on sensitive, specialized equipment, making breakdowns a critical risk due to long repair times and interdependencies. Most commercial property policies exclude equipment breakdowns, necessitating boiler and machinery coverage. This course reviews these exposures, insurance options, and the need for inland marine coverages to avoid gaps.

Summary Details

Hours

6.0

Price

$149.00

This course is not subject to discount pricing.

Save Time and Money with Additional Credit

Select all the additional credit you need and then add to cart

ERIS ^{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.}

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.}

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.}

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

recognize why manufacturers need equipment breakdown insurance and certain inland marine coverages
understand the extent of coverage for equipment breakdown and inland exposures available in standard property insurance policies
describe alternative methods for meeting a manufacturer’s coverage needs for equipment breakdown and inland marine exposures not covered under standard property forms
identify the extent to which a loss would be covered by equipment breakdown and inland marine insurance forms

Designed For:

Property and casualty insurance agents, risk, safety, and finance professionals working in manufacturing

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:	None
Delivery Method:	Self-Study
PDF Download:	Available
Provider of Record:	WebCE
Last Reviewed:	June 2023
Study Level:	Intermediate
Approved For:	Renewal

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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