Level: Intermediate
Why you need this course:
After completing this course, you’ll be able to analyze an insurance policy.
Upon successful completion of this course, you should be able to:
- Describe the following distinguishing characteristics of insurance policies:
- Indemnity
- Utmost good faith
- Fortuitous losses
- Contract of adhesion
- Exchange of unequal amounts
- Conditional
- Nontransferable
- Explain why some insurance policies do not have the distinguishing characteristics common to most insurance contracts.
- Explain the role of the courts in resolving coverage disputes:
- Compare questions of liability and questions of coverage.
- Compare questions of law and questions of fact.
- Describe waiver and estoppel.
- Describe an insurer’s alternatives in coverage disputes regarding property claims and liability claims.
- Describe the damages and other penalties that may be assessed against an insurer in a coverage dispute.
Cost: $20 per Professional Development Hour (PDH). Information on Professional Development Hours (PDH) provided can be found here.
The Insurance Policy Topics Include:
- Distinguishing characteristics of insurance policies
- Why some insurance policies do not have the distinguishing characteristics common to most insurance contracts
- The role of the courts in resolving coverage disputes
- Waiver and estoppel
- An insurer’s alternatives in coverage disputes regarding property claims and liability claims
- The damages and other penalties that may be assessed against an insurer in a coverage dispute
Additional Course Resource
Additional Knowledge Solutions
E-mail: customerservice@TheInstitutes.org
Phone: (800) 644-2101
Fax: (610) 640-9576
Mail: AICPCU/IIA
720 Providence Road
Suite 100
Malvern, PA 19355-3433
Customer Service hours are Monday through Friday, 8:00 a.m. to 6:00 p.m. eastern time.
