What will I learn?
Commercial lines insurance is written specifically to cover losses of business-related property that is not residential. Coverage is provided for
the building, business-related contents of the building, loss of business income, physical damage to a commercial auto, and commercial general liability
(casualty losses) for bodily injury, property damage, personal or advertising injury caused by a product or the actions of a covered insured arising from
or as a result of the ownership of a business. A licensed commercial lines insurance professional specializes in assessing a client's needs and identifying
a full range of insurance products that provide coverage for property and casualty losses that are business-related.
To become licensed as a commercial lines insurance producer, you will need to demonstrate entry-level knowledge of the industry by passing a state licensing exam.
This course will deliver the content needed to successfully complete the education and examination requirements.
Testable topics include:
Types of commercial and business insurance policies - commercial property, commercial auto,
businessowners coverage, farm property and liability, aviation coverage and liability, crime, bonds, commercial general liability, professional
liability, workers' compensation, commercial umbrella liability, general insurance and contract concepts, basic insurance terminology, covered
perils, the policy structure, conditions, exclusions, additional coverages, applicable endorsements, and policy limits. This course also includes
state-specific regulations based on the state where you are applying for a license.