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Analyzing Property/Casualty Insurance Policies and Their Key Provisions

Overview

Most insurance buyers don’t read their policies until after a loss occurs. Claims representatives, agents, and brokers should also conduct post-loss policy analysis to apply coverage or answer questions. Effective analysis requires understanding policy construction and interpretation, and matching client exposures with appropriate coverage. This course explains insurance policy nature, terms for different policy types, six possible components, and how to analyze a policy for specific loss coverage.

Summary Details

Hours

5.0

Price

$42.45





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Learning Objectives

  • recognize the meanings of terms used to describe insurance policies and their components
  • identify the types of information found in an insurance policy’s components and the purpose or function of each component
  • identify the steps in an organized approach to post-loss policy analysis and recognize what is involved in each step
  • identify the steps in an organized approach to pre-loss policy analysis and recognize what is involved in each step
  • recognize important rules that courts and others apply when interpreting insurance policies


Designed For:

Property and casualty insurance agents, risk, 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: None
Advanced Preparation: None
Delivery Method: Self-Study
PDF Download: Available
Provider of Record: WebCE
Provider Number: National Registry ID: 109414
Field of Study: Specialized Knowledge
Last Reviewed: August 2025
Study Level: Intermediate
Approved For: Technical

Exam

Proctor: No
Passing Grade: 70
Questions: 25



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