In the CIC Commercial Multiline course, learn how to identify Commercial Inland Marine, Crime, Cyber and Employment Practices exposures. The course will also help you learn about the types of coverage available to address these exposures as you develop insurance programs for your clients.
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Commercial Inland Marine Concepts & Coverages (6 hours)
Understand the benefits of Bailee coverage, what Builder’s Risk insurance covers, and when an Installation Floater is necessary. You will discuss policies, such as Contractor’s Equipment and Transportation Insurance and identify endorsements such as the Builders Risk Policy “Soft Costs” endorsement that can enhance a client’s coverage.
Employment Practices Liability Insurance (2 hours)
Learn how to provide your clients with coverage from liability exposures that come with daily employment practices. The information provided in this section will help you understand the major policy provisions found in employment practices liability policies.
Crime Coverages & Endorsements (3 hours)
Learn to advise your commercial clients about their crime coverage needs and how best to meet them. This section includes information about the eight insuring agreements within the ISO Commercial Crime policy, so you can discover how these insuring agreements, especially the Employee Theft insuring agreement, provide the necessary coverage to meet your clients’ needs. You will also learn to distinguish between loss-sustained and discovery forms and examine selected endorsements which enhance coverage.
Cyber Exposures and Coverage (3 hours)
Learn to identify first and third-party cyber-related exposures and the subsequent need for Cyber insurance coverage. Address commonly available insuring agreements that fit the needs of your clients, including analysis of common policy provisions.
Excess Liability and Commercial Umbrella Coverages (2 hours)
Distinguish between Excess Liability Policies and Commercial Umbrella Policies and learn how to describe the purposes of those policies to your clients. Address key features of the Declarations, including self-insured retention and underlying insurance requirements. Analyze how provisions in the policies, including definitions and exclusions, can differ.
The CIC designation program consists of 7 programs. To earn the designation, you must successfully complete five CIC courses and pass five exams within five calendar years. Participants must score 70% or better on the two-hour, essay style exams.
Each program is filed for State CE 16 hours. For state CE or designation update credit - the examination is not required.