Business Insurance Fundamentals
Strengthen your organization’s risk management strategy through informed insurance decisions. This course explains how the insurance industry operates, outlines common policy terms and conditions, and identifies the types of coverage most relevant to businesses. Learn how to evaluate insurable risks, manage insurance costs, and account properly for insurance transactions. Apply practical guidance to select appropriate coverage and control expenses while protecting the business from significant financial exposures.
Format
PDF Course
Course Lists
Duration
3 Hours
Course Information
Author: Steven Bragg
Course Number: FN1023
Table of Contents
Chapter 1. Overview of Business Insurance
Chapter 2. Types of Business Insurance
Chapter 3. Insurance Management
Learning Objectives
- Recognize the types of insurance offered by insurers.
- Identify the classifications of sellers of insurance products.
- Specify the measurements used to judge the performance of insurers.
- Recognize the conditions needed for a risk to be insurable.
- Identify the reasons for the different clauses used in an insurance contract.
- Specify the benefits and problems associated with each type of insurance.
- Identify the differences between the various types of life insurance.
- Recognize the methods used to reduce the cost of insurance.
- Specify the circumstances under which self-funded insurance might be successful.
Level: Overview
Instructional Method: QAS Self-Study
NASBA Category: Finance
Prerequisites: None
Advance Preparation: None
Latest Review Date: August 2024
Program Registration Requirements: Click on the Enroll button to pay for and access the course. You will then be able to download the course as a PDF file, then take an on-line examination, and then download a certificate of completion if you pass the examination.
Program Refund Policy: For more information regarding administrative policies concerning complaints, refunds, and other matters, see our policies page.