Introduction to Insurance Principles, Online Training Format

SKU: 377

Introduction to Insurance PrinciplesRunning a successful business takes years of hard work, resourcefulness, and determination. No matter how much time and energy you put into a business, one disaster can wipe out all of your profits and destroy your company. The key to making sure that all of your money and efforts do not disappear when a disaster strikes is to protect your business with the appropriate insurance.

This course is a basic primer on insurance and addresses principles of insurance, pricing, and coverage selection.

Managers/Supervisors/Risk Management & HR Professionals

75 minutes

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To teach managers and supervisors insurance principles and enable them to make informed decisions when purchasing coverage.

There are no forms or documents in this course.


HRCI logo This program has been approved for 1.25 recertification credit hours toward PHR, SPHR, and GPHR recertification through the Human Resource Certification Institute (HRCI). For more information about certification or recertification, visit the HRCI homepage at

(The use of this seal is not an endorsement by the HR Certification Institute of the quality of this program. It means that this program has met the HR Certification Institute's criteria to be pre-approved for recertification credit.)

The Human Equation is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for 1.25 PDCs for the SHRM-CP or SHRM-SCP. For more information about certification or recertification, please visit

Introduction to Insurance Principles

Table of Contents

  • Course Objectives
  • Preface
  • Introduction
  • Chapter 1: The History of Insurance
    • Page 1, 2
  • Chapter 2: How Insurance Premiums Are Determined
    • Introduction
      • Page 3
    • The Rating Process
      • Page 4
    • What is the ISO?
      • Page 5, 6
  • Chapter 3: Standard Business Insurance Coverages
    • Page 7, 8
  • Chapter 4: Commercial Property Insurance
    • Introduction
      • Page 9
    • Building and Personal Property Coverage (Direct Loss)
      • Page 10, 11, 12, 13
    • Business Income/Extra Expense Coverage (Time Element Loss)
      • Page 14
    • Contingent (Dependent) Business Interruption Coverage (Time Element Loss)
      • Page 15, 16
  • Chapter 5: Commercial General Liability (CGL) Insurance
    • Introduction
      • Page 17
    • General Liability froma Legal Perspective
      • Page 18
    • What Is Covered Under A CGL Policy?
      • Page 19
    • When Does a CGL Policy Pay?
      • Page 20
    • CoverageLimits
      • Page 21
    • Contractual Liability Coverage
      • Page 22, 23
    • Exclusions
      • Page 24, 25
  • Chapter 6: Commercial Automobile Liability Insurance
    • Page 26, 27, 28
  • Chapter 7: Health Insurance
    • Introduction
      • Page 29
    • Traditional Health Insurance/Point ofService (POS) Plans
      • Page 30
    • HMO Plans
      • Page 31
    • PPO Plans
      • Page 32, 33
  • Chapter 8: Miscellaneous Insurance Coverages
    • Commercial Crime
      • Page 34
    • Inland Marine
      • Page 35
    • Liquor Liability
      • Page 36
    • Pollution Liability
      • Page 37
    • Employment Practices Liability
      • Page 38
    • Watercraft, Aircraft, and Marine Insurance
      • Page 39
    • Excess/Umbrella Liability
      • Page 40
    • Directors and Officers (D&O) Liability Insurance
      • Page 41
    • Professional Liability/Errors and Omissions Insurance
      • Page 42
    • International Insurance
      • Page 43
    • Workers’ Compensation Insurance
      • Page 44, 45, 46, 47
  • Chapter 9: Quiz
    • Page 48
  • Quiz (multiple choice)
  • Chapter 10: Time to Review
    • Page 49

Student Benefits

Students and employees who take the Introduction to Insurance Principles course will enjoy:

 Course FeaturesIncludedComments
HRCI Recertification Credits
1.25 HRCI Recertification Credit(s).
SHRM PDC Credits
1.25 SHRM PDC Credit(s).
CAM Credits
0.00 CAM Credit(s).
Florida Bar CLE Recertification Credits
0.00 Florida Bar CLE Recertification Credit(s).
Florida Bar CLE Ethics Recertification Credits
0.00 Florida Bar CLE Ethics Recertification Credit(s).
State Bar of Georgia CLE Recertification Credits
0.00 State Bar of Georgia CLE Recertification Credit(s).
State Bar of Georgia CLE Ethics Recertification credits
0.00 State Bar of Georgia CLE Ethics Recertification credit(s).
FL CE 2-20 Credits
0.00 FL CE 2-20 Credit(s).
Unlimited 1 Year Access
The Human Equation's courses may be accessed and reviewed as many times as you wish even after completion.
90 Days Money Back Guarantee
The course must not be completed.
Friendly and Knowledgeable Customer Service
M-F from 8:00am to 4:30pm.
Table of Contents
Allows you to jump directly to slides and chapters that you have already viewed.
0 pictures/illustrations.
Interactive Learning Activities
5 interactive learning activities.
Audio Narration
0 audio narrations.
Supporting Documents
0 supporting documents.
Case laws
3 case laws.
8 definitions.
Questions and Answers
2 questions and answers.
Video Clips
0 video clips.
Practice Quiz
7 practice true or false questions and 13 practice multiple choice questions.
Scored Exam
0 exam true or false questions and 0 exam multiple choice questions.
Printable Certificate
The certificate contains your name, completion date, and the certification organization's ID which you will need to claim your credit(s).
Customizable Settings
Adjustable font sizes and sounds.
Automatic Bookmarking
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Training Manager Benefits

Managers and supervisors who purchase The Human Equation's courses to train their employees will enjoy:

 Learning Management System FeaturesIncludedComments
Convenient User Creation and Management
Hierarchy-tree based management
Downloadable spreadsheets.
Course Scheduling
Customizable start dates and due dates.
Automated Email Reminders
Due date reminders.
Convenient Course Assignments
Single or multiple user course assignments.
Customized Learning Environment
The Human Equation's Learning Management System is customizable to match your organization's look and feel.
Enterprise Discounts
Significant wholesale discounts available for enterprises.
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