10/08/24-10/09/24 Webinar CIC Commercial Property

Starts:  Oct 8, 2024 07:30 AM (ET)
Ends:  Oct 9, 2024 05:00 PM (ET)

Commercial Property

*To help you provide the very best coverage information, this online course includes NEW COVID-19 content as it relates to insurance and risk management.

Learn the latest trends in commercial property insurance and innovative ways to maximize coverages with up-to-the-minute forms.

In the CIC Commercial Property course, you will gain a detailed understanding of Commercial Property coverages and endorsements and learn how to maximize coverage and protect your property accounts.

Updated and revised 2-day course.

Commercial Property Coverage Forms & Endorsements (8 hours)

Learn how to explain major elements of the Building and Personal Property Coverage Form to your clients. Discuss these elements, as well as different valuation methods, the application of coinsurance, and various methods used to insure fluctuating property values. Analyze policy provisions including Covered Property, Additional Coverages, Coverage Extensions, and Optional Coverages. Review important Commercial Property endorsements and how they are used to fill specific policyholder needs.

Commercial Property Causes of Loss & Endorsements (3 hours)

Understand and explain the coverages, exclusions, and limitations of the Causes of Loss – Special Form (CP 10 30) to your clients. Examine those elements and the coverage provided when the form is combined with the Building and Personal Property Coverage Form to provide coverage under a Commercial Property Policy. Analyze selected endorsements used to fill specific policyholder needs.

Time Element Coverages & Endorsements (5 hours)

Support your clients as they face significant Business Income and Extra Expense exposures. Learn methods for providing your clients with appropriate insurance protection. Analyze various Time Element Coverage Forms including a coinsurance approach, as well as the use of Optional Coverages that eliminate or suspend the coinsurance conditions contained in the coverage forms. Review selected endorsements used to enhance coverage.

This designation is recommended for:

Licensed agents, brokers, and adjusters

Insurance professionals with at least two years of full-time insurance or risk management experience

Full-time insurance faculty members who have taught for at least two years at an accredited college or university

Earning the Designation

You must successfully complete five CIC courses and pass five exams within five calendar years. To earn the designation, participants must score 70% or better on the two-hour, essay style exam.