Business Insurance Fundamentals

Price: $29.85

CPE Credits: 3.0

Category:

Course Number: FIINSFSB

business insurance

Description:
The Business Insurance Fundamentals course provides an overview of the insurance industry, including the operations and distribution systems of insurers. The course also notes the more common insurance policy terms and conditions, the types of insurance most applicable to businesses, and how to manage and account for insurance. There is a particular emphasis on managing the cost of insurance.  Table of Contents

Delivery Method: Online QAS Self Study.

Level: Overview.

Prerequisites: None

Advanced Preparation: None

AuthorSteven Bragg, CPA

Publication: October 2015; Updated: October 2018
Format: PDF
Pages: 62

Passing Grade: 70%

Exam Policies: Exam may be retaken. Course must be completed within one year of purchase.

CPE Sponsor Info : NASBA/QAS #109234. Click here to view specific state approvals.

By the end of the course participants should be able to:

• Recognize the types of insurance offered by insurers.
• Identify the classifications of sellers of insurance products.
• Note 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.
• Note 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.
• Note the circumstances under which self-funded insurance might be successful.

 

Description:
The Business Insurance Fundamentals course provides an overview of the insurance industry, including the operations and distribution systems of insurers. The course also notes the more common insurance policy terms and conditions, the types of insurance most applicable to businesses, and how to manage and account for insurance. There is a particular emphasis on managing the cost of insurance.  Table of Contents

Delivery Method: Online QAS Self Study.

Level: Overview.

Prerequisites: None

Advanced Preparation: None

AuthorSteven Bragg, CPA

Publication: October 2015; Updated: October 2018
Format: PDF
Pages: 62

Passing Grade: 70%

Exam Policies: Exam may be retaken. Course must be completed within one year of purchase.

CPE Sponsor Info : NASBA/QAS #109234. Click here to view specific state approvals.

By the end of the course participants should be able to:

• Recognize the types of insurance offered by insurers.
• Identify the classifications of sellers of insurance products.
• Note 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.
• Note 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.
• Note the circumstances under which self-funded insurance might be successful.

 

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