Umbrella Insurance - CO

Insurance Continuing Education in Colorado

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$12.95

2 credit hours

If purchased today, this course must be completed by:
March 31, 2021

The Colorado Department of Insurance has waived their normal proctor requirement, until further notice. A proctor is no longer required. You will instead need to electronically sign an Affidavit of Personal Responsibility, and that affidavit will be completed online as part of your final exam.
Description

The umbrella insurance course introduces definitions and approaches to excess liability insurance as well as the evolution and purposes of these specialized policies. Significant reasons for seeking umbrella insurance policies are discussed in the context of public opinion and the nature of jury awards. The characteristics and structure of liability claims involving both property and people are distinguished and the meaning of “a prudent and reasonable man” is offered. The nature of risk and its various categories are explored as are the methods of pricing risk. Common themes found in liability cases and in liability policies are explored. Finally, exemplary forms and charts provide illustrative context throughout the unit and a glossary of terms is provided at the end of the last module as a tool for reference and review.

Exam Details

Need Proctor?No
Question Count:25
Passing Grade:70%
Attempts to Pass:Unlimited
Note: If you choose to request additional credit types while taking this course, the number of exam questions and proctor rules may change to meet those credits' requirements.

Course Details

Course Number:55405
Approved Title:Umbrella Insurance
Provider:InsuranceStudy.com
Provider Number:50141
Topics Covered:Property and Casualty, Casualty
Approved Credits
2 credits in Property & Casualty
Program Level:Advanced

Rules for Colorado Insurance Continuing Education

  • This state allows for course material to be downloaded. Please note that not all courses will have content that is suitable or available for downloading.
  • Exam is closed book.