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Commercial Property and Liability Insurance


Course Description

Property and liability risks and the effective management of these risks with insurance. Application of property insurance to pure risk exposures including direct and indirect property. Application of liability insurance to general business liability and catastrophic liability risks. Current topics in the field of commercial property and liability insurance. Group case study.


Athena Title

Commercial Prop Liability Ins


Equivalent Courses

Not open to students with credit in RMIN 5100S


Prerequisite

RMIN 4000 or RMIN 4000E or RMIN 4000H


Semester Course Offered

Offered every year.


Grading System

A - F (Traditional)


Course Objectives

This course will cover the approaches to problems of employee security from the perspective of businesses. Topics include pensions, profit-sharing plans, 401(k) plans, group life and health plans, and flexible benefit programs.


Topical Outline

Topic# Topic Description 1 Commercial Property Risk Management 2 Overview of Commercial Property Loss Exposures and Coverages 3 Overview of Commercial Liability Loss Exposures and Coverages 4 Reading an Insurance Policy 5 Building and Personal Property Coverage 6 BPP Coverage Options 7 Covered Causes of Loss 8 Business Income Exposures and Coverage 9 Liability Loss Exposures 10 Commercial General Liability Insurance 11 Businessowners' Insurance 12 Commercial General Liability Insurance Claims-Made form