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With this course you’ll gain a thorough understanding of the defining principles of insurance – transfer of risk, the law of large numbers, and indemnification – through a brief overview of the history of insurance. You’ll also learn the definitions of insurance terms in relation to risk management, insurability, and transfer of risk. The course also covers:
Types of property and casualty insurance coverage and the corresponding policies that are available for each
- Types of insuring entities and describes the role each plays
- The insurance contract including its characteristics and elements, and explains how to analyze policy content
- The relationship between agent and insurer, the structure of insurance distribution systems, and insurance company operations and regulation
Click here to order online exams, or call 1-800-543-0874 to order a print exam.
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