MCCCD Program Description

Personal Insurance

Course: INS205

First Term: 2018 Fall

Lecture 3.0 Credit(s) 3.0 Period(s) 3.0 Load
Subject Type: Occupational
Load Formula: S - Standard Load

Description: Analysis of personal loss exposures and personal insurance coverages including homeowner`s, other dwelling coverages, personal liability, auto, life, health, and government programs.

MCCCD Official Course Competencies
1. Identify the different types of property, liability, and human loss exposures faced in today`s society. (I) 2. Describe the coverages provided by the various homeowner`s forms, coverage sections, and endorsements. (II, III) 3. Describe common policy provisions in the Homeowner`s program. (II, III) 4. Explain the need for non-traditional residential insurance programs. (IV) 5. List the liability and property coverages provided by the Personal Auto policy. (V) 6. Compare and contrast the tort liability and no-fault systems of accident reparations. (V) 7. Analyze the underwriting and pricing considerations for both auto and homeowner`s insurance. (V) 8. Evaluate the need for life insurance. (VI) 9. Describe the various types of life insurance contracts available and applicable provisions. (VI) 10. Explain the need for health insurance and identify the basic coverages provided. (VII) 11. Define disability insurance provisions and amounts recoverable. (VII) 12. Identify underwriting and pricing provisions for life, health, and disability insurance. (VI, VII) 13. Explain the need for government insurance. (VIII) 14. Describe the coverages provided by the most common insurance programs. (VIII)
MCCCD Official Course Competencies must be coordinated with the content outline so that each major point in the outline serves one or more competencies. MCCCD faculty retains authority in determining the pedagogical approach, methodology, content sequencing, and assessment metrics for student work. Please see individual course syllabi for additional information, including specific course requirements.

MCCCD Official Course Outline
I. Personal loss exposures A. Property loss exposures 1. Direct 2. Indirect B. Liability loss exposures 1. Types of torts a. Negligence b. Strict c. Intentional 2. Financial consequences C. Human loss exposures 1. Life 2. Health 3. Disability II. Homeowner`s property coverage A. Different forms and their usage 1. Occupancies 2. Perils covered B. Coverage parts 1. Structure 2. Other structures 3. Contents 4. Loss of use C. Additional coverages D. Conditions 1. In the event of a loss 2. Replacement cost provision E. Insurance for tenants F. Insurance for condominium unit owners G. Endorsements 1. Purpose 2. Common policy endorsements H. Pricing factors I. Underwriting considerations III. Homeowner`s liability coverage A. Exposure to loss 1. Premises 2. Activities B. Insuring agreement C. Exclusion D. Limits IV. Other residential coverages A. Mobile homeowner`s 1. Compared to homeowner`s forms 2. Exposures to loss B. Farmowner`s coverage C. The dwelling program 1. Compared to homeowner`s 2. Uses of the dwelling policy 3. Underwriting considerations D. Scheduled personal property 1. To overcome limitations in the homeowner`s coverage form 2. Coverage provided E. Watercraft insurance F. Personal umbrellas V. The personal auto policy A. Liability overview B. Liability coverage C. Medical payments D. Uninsured motorist E. Physical damage coverage F. Endorsements G. Auto insurance concerns 1. Availability 2. Affordability H. Tort system review I. No-fault auto insurance 1. Operation 2. Advantages 3. Disadvantages J. Residual market mechanisms K. Underwriting and pricing considerations VI. Life insurance A. The need for life insurance B. Types of life insurance contracts 1. Whole life 2. Term 3. Endowment 4. Universal C. Policy provisions D. Riders E. Underwriting and pricing F. Group life VII. Health insurance A. Medical expense coverage 1. Covered services 2. Limits 3. Exclusions and limitations B. Disability insurance 1. Covered causes 2. Limits C. Group health insurance VIII. Government insurance programs A. Social security 1. Covered employment 2. Benefits B. Unemployment insurance C. Worker`s compensation D. Flood insurance

MCCCD Governing Board Approval Date: May 22, 2018

All information published is subject to change without notice. Every effort has been made to ensure the accuracy of information presented, but based on the dynamic nature of the curricular process, course and program information is subject to change in order to reflect the most current information available.