Insurance CE > South Carolina > Property and Casualty

Insurance for Small Businesses

Overview

BOPs are to commercial insurance what homeowners policies are to personal insurance, offering broad coverage for small businesses’ property and liability exposures. However, they often don’t cover all needs, such as auto liability, workers compensation, professional liability, and umbrella liability. This course covers the insurance needed to address small business property and liability exposures.

Summary Details

Hours

6.0







Learning Objectives

  • identify the types of small businesses eligible for businessowners insurance
  • explain the property and liability coverages provided by a standard Insurance Services Office, Inc. (ISO), BOP
  • explain the property and liability coverage provided by a standard American Association of Insurance Services (AAIS) BOP
  • summarize the common conditions of ISO and AAIS BOPs
  • describe the coverage available to a small business under an ISO business auto policy (BAP)
  • describe the coverage available to a small business under a workers compensation and employers liability policy
  • describe the coverages available to a small business under commercial umbrella and professional liability policies


Designed For:

Property/casualty insurance producers; adjusters, and risk managers


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
Course Approval Number: 119846
Provider of Record: WebCE
Provider Number: 164157
Study Level: Intermediate
Approved For: Property and Casualty

Exam

Proctor: Yes
Passing Grade: 70
Questions: 50



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