Fundamentals of Insurance
The Fundamentals of Insurance course prepares students to write their Level 1 Provincial Licensing examination. They will be familiarized with insurance vocabulary, requirements of insurance licensing, ethics, and professionalism. Comparisons of coverages and exclusions for various automobile, homeowners, commercial, and accident and sickness policies are investigated. This course provides the basis for anyone requiring knowledge to enter the insurance industry. Students learn about insurance through policy interpretation. The course presents the concepts and practices used by Insurance Professionals in areas such as sales, service, marketing, claims, and underwriting. Questions and study checklists are included at the end of each chapter, with four section reviews and ten quizzes interspersed throughout the lessons to reinforce the concepts covered and to help students measure their progress.
METHOD OF DELIVERY
n partnership with Professional Development Training Center, the course offers a variety of regularly scheduled General Insurance courses to ensure you maintain the professional standards necessary in the Insurance and Financial Services Industry.
Course manual provided for on-going reference. There is a final exam upon completion of the course. Participants who receive a minimum of 75% as a final mark on this course will receive a certificate.
Introduction to General Insurance
The Role of Government in the Insurance Industry
The Insurance Process
Regulation of Brokers
General Section Review
Property Insurance Policies
Personal Property (Habitational) Insurance
Property Insurance Review
Commercial Property Liabilities
Principles of Legal Liability
Introduction to Liability Insurance
Liability Insurance Policies
Accident and Sickness Insurance
Introduction to Automobile Insurance
Automobile Insurance–The Policy
Automobile Insurance–Statutory Conditions and Endorsements
Final Exam Review