Business Insurance Needs
Business Insurance Needs is a detailed look at the aspects required to insure a business. This course is designed for the advanced agent rather than a beginning agent.
This course addresses auto, fire, liability, and health issues. It also addresses issues that apply to both PC and LH lines, such as the types of insurers used and the legalities of business ethics. E&O insurance would also apply to all license types.
Business Insurance Needs addresses the risk management that an agent may be involved in, the types of insurers that might be utilized, the options that companies must address from a coverage checklist, and how a business is evaluated for the purposes of insurance.
Workers’ compensation is given a full chapter since it is an important expense for companies. Agents must understand this compulsory insurance.
Health insurance has changed greatly with the passage of the Affordable Care Act under President Obama. Business Insurance Needs looks at group health insurance as it now relates to employers, including group coverage for disability and long-term care.
Key person insurance is also discussed, looking at the reasons a company might need this type of coverage on key personnel. The Terrorism Risk Insurance Act is discussed as well as the changes that have occurred over the past couple of years.
Finally there is a chapter on business ethics. This chapter directs its attention specifically to insurance matters rather than to general ethics. Companies must view ethics from a legal perspective which this chapter addresses.
United Insurance Educators, Inc.