Inland Marine: Protecting Your Business' Property

Protecting Property On-the-Move

$8.00 + your state filing fee
4 Credit Hours

This course favors P&C insurance agents but is applied as general credit for all agents.

COURSE DIFFICULTY

Basic
This course covers the following topics:
  • Review Inland Marine insurance, including the different ways it is defined, and some of the many coverages that fall under its broad umbrella
  • Learn how to evaluate if a loss exposure requires additional coverage
  • Look closely at why inland marine insurance was developed, the causes of loss, and various coverage parts of inland marine policies.

Summary

Commercial Inland Marine insurance, in its most basic form, covers property that is movable or transportable in nature. It is often used to cover property that needs greater more broad protection than what is typically provided by the general business owner’s policies. At the end of this course, students should have a better understanding of how to evaluate if a loss exposure requires additional coverage provided in this type of policy, as well as having a general understanding of why inland marine insurance was developed, the causes of loss, and various coverage parts of inland marine policies. This course looks at many different facets of Inland Marine insurance, including the different ways it is defined, and some of the many coverages that fall under its broad umbrella.

Outline

1. Introduction

  • 1.1 Purpose of Course
  • 1.2 What Is Commercial Inland Marine
  • 1.3 The Nationwide Definition
  • 1.4 The Three Areas of Categorization
  • 1.5 Filed and Non-filed Inland Marine Classes
  • 1.6 Summary
  • Chapter 1 Quiz

2. Inland Marine Exposures

  • 2.1 Types of Carriers
  • 2.2 The Liability of Carriers
  • 2.3 Goods of Bailee Customers
  • 2.4 Movable Equipment and Unusual Property
  • 2.5 Dealers and Encumbered Merchandise
  • 2.6 Instrumentalities of Communication and Transportation
  • 2.7 Summary
  • Chapter 2 Quiz

3. Causes of Loss

  • 3.1 All-Risks and Inland Marine
  • 3.2 Economic of Financial Impact of Loss
  • 3.3 Summary
  • Chapter 3 Quiz

4. Coverage Parts

  • 4.1 The Components of Coverage
  • 4.2 Common Policy Conditions
  • 4.3 Commercial Inland Marine Conditions
  • 4.4 Deductible and Limit of Insurance
  • 4.5 Summary
  • Chapter 4 Quiz

5. Inland Marine Coverages

  • 5.1 Accounts Receivable and Valuable Papers
  • 5.2 Commercial Articles Coverage Form
  • 5.3 Theatrical Property Coverage Form
  • 5.4 Livestock
  • 5.5 Film Coverage Form
  • 5.6 Physicians and Surgeons Equipment and the Radium Floater
  • 5.7 Coverage for Dealers
  • 5.8 Floor Plan Coverage Form
  • 5.9 Signs Coverage Form
  • 5.10 Mail Coverage Form
  • 5.11 Bridges, Tunnels, and Dams
  • 5.12 Piers, Wharves, Docks, and Slips
  • 5.13 Railroad Rolling Stock
  • 5.14 Contractors Equipment
  • 5.15 Personal Articles, Personal Property, and Personal Effects
  • 5.16 Watercraft
  • 5.17 Trip Transit Coverages
  • 5.18 Summary
  • Chapter 5 Quiz

6. Conclusion

  • 6.1 Conclusion

Final Exam

  • Final Exam

FAQ

Q: What should I expect from this online course?

A: We use a unique system to help you learn the material easily. Our online courses present you with information in large type that is easy to read. We highlight key items in gray and quiz you after each chapter to make sure you are learning critical information. You may review the material as much as you want before taking your required online, multiple-choice exam. Passing the exam proves your proficiency in that subject to your state’s governing authority.

Q: Can I print my online course materials and test questions?

A: According to the state authority, it is not permissible to print or download any course material or exam questions. However, you are free to access all online courses from our website anytime.

Q: How long does it take to complete an online course?

A: The time required to complete an online course varies from student to student, but it roughly approximates the number of credit hours awarded for the course. You must pass an online, multiple-choice exam. Passing the exam proves your proficiency in that subject to your state’s governing authority.