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Introduction to Property and Casualty and the Insurance Contract New

Course Description

Approval Number:
02 – 2712

COURSECategory:
P&C.

Course Description

This course will introduce you to the basic principles of insurance, including the concept of risk, the different types of risk, and techniques in managing risk. It will introduce you to several basic elements and terms used in the insurance industry. The course will focus on explaining the insurance contract by introducing and reviewing its various parts, including: the elements, characteristics, and parts of a contract, as well as various policy organizations. It will also lesson focus on the insurance transaction. The transaction includes such things as the application process, how the policy is selected, underwritten, and rated. This section will also review some of the legal requirements of applicants and the insurance company, with respect to the insurance transaction.

Learning Objectives

  • Learn the types of Insurance companies that are available to consumers.
  • Study the basic structure, and types of Property and Casualty insurance.
  • Review who and what exactly makes up and insurance company.
  • Gain an understanding of how the industry is regulated, and who regulates it.
  • To review the insurance contract by discussing its key elements.
  • To learn the basics of the insurance transaction.

Topics Covered

  • Introduction
  • Lesson 1: Principles of Insurance
  • LESSON 2: The Insurance Company
  • LESSON 3: Marketing Property and Casualty/ The Insurance Contract
  • LESSON 4: The Insurance Transaction

REGULATORY REQUIREMENT:
Please see the state/regulatory requirement from the course catalog page.

SEAT TIME:
This course has been approved for 6 hours.

COURSE PRE – REQUISITE:
N/A.

TESTING:
Quizes – You will not be required to pass the quizes to move on to the next lesson.
Final Exam – You will be required to pass the final exam with a 70% in order to receive course credit.

COURSE COMPLETION:
Upon successful completion of this course you will be able to print your certificate online.

ABOUT THE SUBJECT MATTER EXPERT:

EMMERT C. DAUGARD, M.A. CLU ChFC HIA MHP PAHM RHU REBC LIC

An accomplished speaker/trainer who has developed and taught many public insurance continuing education courses. Since 1988, designed and taught courses to over 25,000 insurance professionals. Held the insurance positions of agent/broker, manager, and corporate senior vice – president. Licensed for over 20 years in both property/casualty and life/health.

EXPERIENCE.

Director, Center for Continuing Education, Austin, Texas
Manager/Senior Vice – President, Sales/Marketing, Sheshunoff & Company, Austin, Texas
Vice President, Sales, Hawkeye Insurance Services, Des Moines, Iowa
District Manager, Farmers Insurance Group, California & Iowa.

EDUCATION AND LICENSES:
Masters Of Arts, Business And Administration, Columbia Pacific University
Bachelor of Science, Mankato State University
Chartered Life Underwriter & Chartered Financial Counselor Designations
Registered Health Underwriter & Registered Employee Benefits Counselor.

State Requirements

Check South Dakota’s state requirements prior to enrolling (http://dlr.sd.gov/insurance/default.aspx). Provider – 360training.com, Inc. #904

*General credit hours count for either property and casualty or life and health.

PRICE:

$30

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