MRIS

Property and Business Interruption Insurance for Manufacturers

Overview

Every manufacturer faces a variety of risks. This course deals primarily with the risks of direct loss or damage to a manufacturer's real and personal property, as well as the loss of income and extra expenses that invariably accompany a direct property loss, and how those risks may be insured.

Summary Details

Price

$149.00

This course is not subject to discount pricing.





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Learning Objectives

  • Describe and explain the relevance of common variations among commercial direct damage and time element property insurance policy provisions
  • Describe and explain the relevance of key coverage alternatives available under commercial insurance policies that provide coverage against employee dishonesty, flood, and earthquake
  • Describe the purpose and function of DIC policies and explain how they differ from basic all-risk policies
  • Explain how HPR properties and HPR property insurance policies differ from other properties and policies
  • Explain the coverage features and coverage alternatives found in HPR insurance policies providing direct property damage and time element coverage
  • Describe key factors affecting the cost of a manufacturer's commercial property insurance, and identify various approaches to minimizing isurance costs


Designed For:

Property and casualty insurance professionals in all stages of their career


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
Provider of Record: WebCE
Last Reviewed: February 2023
Study Level: Intermediate
Approved For: Core

Exam

Proctor: No
Passing Grade: 70
Questions: 50