This course—Property Insurance for Contractors—examines the coverage provided by three types of property insurance policies: commercial property policies, builders risk policies, and contractors equipment policies.
Commercial property policies provide insurance on existing buildings and their contents. The contractor purchases this type of policy to respond to loss or damage in connection with its own facilities. Builders risk policies provide insurance on property being constructed, installed, altered, or repaired. The builders risk policy for each project may be purchased by either the contractor or the project owner. Contractors equipment policies provide insurance on the mobile equipment that is used in construction activities. They are purchased by the contractor as the owner (or lessor) of the equipment. The course also briefly overviews two other types of property insurance policies that contractors may need: commercial crime policy and equipment breakdown policy.
CEs:7 P&CInstructor: Kym Martell
Member: $225 | Non-Member: $275 | Associate Sponsor: $250
Designation InformationStudents seeking the CRIS designation must take and pass the online exam after taking each class. A voucher with test information & instructions will be sent to the student after each class. Those students not seeking the designation are NOT required to test.Re-accreditation RequirementStudents with a current CRIS, MLIS, or AFIS designation are required to maintain the designation by completing a 6 hour approved course every 12 months. This course qualifies for one re-accreditation. If you need multiple updates because you have one or more designation, an additional voucher can be purchased for $79.
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