Commercial Casualty

RESOURCES

NEW Study Guide

This Study Guide has been prepared to enhance your learning experience. It contains all of the Check-In questions, Knowledge Checks, and Self-Quizzes contained within the course, along with an Answer Key and Glossary. Use it as a tool to help practice and assess your knowledge of the course material, but do not mistake it for a comprehensive “short-cut” to preparing for the final exam.

Be sure to take a look at the section, “Appendix,” that follows the Answer Key in this Study Guide. It contains valuable suggestions for test preparation and study techniques, as well as some sample exam questions and a glossary of terms.

Your path to success in passing the final exam will come from your attentiveness during the course and the effort you put into preparation.

Glossary

Study Set

Use this study set to review digital flashcards and play interactive vocabulary games for the insurance and risk management terms found in the glossary of this course!

Review Game

Use this trivia-style review game to test your knowledge prior to taking the final exam for this course! 

Section 1 – Employees and Leased Workers as Automatic Insureds

“Speaking From Experience” — Mark Anderson, CIC, CRM, AIC, CPCU

This video provides an example of how automatic insured status for employees is important in claims situations. The difference between leased workers and temporary workers is discussed and how it can affect coverage in a claim. Restrictions on automatic insured status for newly acquired entities are briefly mentioned as well, with particular focus on time restrictions.

Section 2 Issues Faced When the Wrong
Additional Insured Endorsement is Used

“Speaking From Experience” — Bob Ford, CIC, CISR, CPIA, CLCS, MLIS, CRIS, ERIS

This video highlights the importance of reading the insurance requirements of contracts and how providing the wrong additional insured endorsement may not satisfy contract requirements, potentially leading to lawsuits and/or the absence of coverage.

Section 3 Importance of Commercial Auto Symbols

“Speaking From Experience” — Jay Williams, CIC, CRM, CRIS, MLIS, AIP, AAI, ACSR

This video emphasizes the importance of using the appropriate auto symbols to provide covered auto status, along with the meanings of certain symbols, with particular attention to Symbols 1, 8, 9. Symbol 10 can be added by using the CA 99 54 endorsement which allows tailoring of coverage. A courtroom situation is also discussed involving the use of Symbol 1 and how coverage is applied.

Section 4 Employee Vs. Independent Contractor

“Speaking From Experience” — Michael Haynes, CIC, CRM, CISR

This video depicts a situation in which an independent contractor might be classified as an employee in a workers compensation situation, whether based on policy underwriting, state codes, or from other perspectives.

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