Commercial Property Insurance Insured Property and Co-Insurance
This course provides a basic understanding of the concepts of Commercial Property Insurance and Co-Insurance. The definitions make clear what is meant by particular words and phrases used in policies pertaining to the topics listed below. Many specific case examples are provided, which allow students to connect the language of the policy contract to real-life scenarios that illustrate various aspects of commercial property insurance. Short quizzes are included for students to check their understanding.
Includes the following topics:
- Declarations Page Defined
- Additions and Extensions
- Materials, equipment and supplies for maintenance
- Tenant’s improvements
- Contents and contents coverage extensions
- All Property
- Specifics of Coverage Extensions pertaining to the Building and to Contents
- Deductibles
- Co-Insurance
- Insured Perils/All Risks
- Endorsements, Riders and Floaters
