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Center for Curriculum and Transfer Articulation
Introduction to Commercial Property Policies
Course: INS151

First Term: 2020 Summer
 Lecture   3.0 Credit(s)   3.0 Period(s)   3.0 Load  
Subject Type: Occupational
Load Formula: S- Standard


Description: Introduction to commercial property policies. Includes principles of commercial property, business owner, and commercial insurance for businesses. Covers terminology, forms, and procedures for policy coverages, declarations, exclusions, and endorsements.



MCCCD Official Course Competencies
1. Explain components of commercial property insurance and its impact on businesses. (I)
2. Differentiate between commercial package and monoline policies. (I)
3. Compare and contrast information found in common policy declarations. (I)
4. Describe the purpose for common policy conditions. (I)
5. Use commercial property insurance forms. (I-IV)
6. Review components of Business Owners Policies (BOP). (II)
7. Identify businesses and types of property covered under current Insurance Services Office (ISO) guidelines. (II)
8. Summarize major coverages of the BOP. (II)
9. Explain BOP exclusions. (II)
10. Differentiate between commercial package and business owner policies. (II-III)
11. Identify components specific to commercial property coverage. (III)
12. Compare and contrast commercial property conditions and endorsements. (III)
13. Compare and contrast types of commercial insurance. (IV)
14. Use commercial insurance terminology. (IV)
15. Explain components of commercial general liability insurance. (IV)
16. Explain components of commercial auto coverage. (IV)
17. Compare and contrast various types of crime policies. (IV)
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. Commercial property insurance
   A. Terminology
   B. Policy
      1. Elements
      2. Characteristics
      3. Declarations
      4. Conditions
      5. Exclusions
      6. Endorsements
   C. Forms
   D. Regulation
II. Business owner policies
   A. Components
   B. Eligibility
   C. Declarations
      1. Definition
      2. Purpose
   D. Coverages
   E. Exclusions/limitations
   F. Conditions
III. Commercial property insurance
   A. Terminology
   B. Forms
   C. Coverages
      1. Types
      2. Conditions
      3. Provisions
      4. Limitations
   D. Endorsements
IV. Commercial insurance
   A. Definition
   B. Purpose
   C. Terminology
   D. General liability
      1. Exposures
      2. Coverages
      3. Limits
      4. Conditions
   E. Auto
      1. Coverages
      2. Endorsements
   F. Crime
      1. Definitions
      2. Exclusions
      3. Conditions
      4. Endorsements
   G. Limitations
   H. Declarations
 
MCCCD Governing Board Approval Date: May 5, 2020

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.