Commercial Multiline Learning Guide

CIC Commercial Multiline Learning Guide – Print Version

This learning guide covers Commercial Multiline, part of the Certified Insurance Counselor designation program. This guide is organized into three main sections:

·         Commercial Inland Marine Concepts and Coverages

·         Employment Practices Liability Insurance

·         Crime Coverages and Endorsements

·         Cyber Exposures and Coverages

·         Commercial Excess / Umbrella Coverages

Section 1: Commercial Inland Marine Concepts and Coverages

In this section, you will learn some of the basic concepts of commercial inland marine policies and become familiar with the coverage features of five specific policies: bailee, builders risk, installation, contractors equipment and transportation.

Section 2: Employment Practices Liability Insurance

In this section, you will be able to analyze an employment practices liability policy to determine whether that policy provides coverage and, if so, how the policy will respond to losses that occur.

Section 3: Crime Coverages and Endorsements

In this section, you will analyze the insuring agreements contained in commercial crime coverage forms to determine the appropriate insuring agreements to meet the insured’s needs and to understand how coverage may be modified. Although eight insuring agreements will be discussed in this course, the focus will be on: Fidelity, Computer And Funds Transfer Fraud, and Fraudulent Impersonation.

Section 4: Cyber Exposures and Coverages

In this section, you will learn to identify common cyber exposures and be able to properly analyze cyber insurance policies to determine what type of coverage, if any, is provided.

Section 5: Commercial Excess / Umbrella Coverages

In this section, you will be able to analyze excess liability and commercial umbrella policies to determine whether a policy provides coverage and, if so, how the policy will respond to losses that occur.

This learning guide is the January 2025 edition. If you have signed up for a CIC program through the Risk & Insurance Education Alliance, you will receive the most current learning guide edition digitally with your registration at no additional cost. We recommend utilizing the learning guide that is sent with your course registration for exam preparation. Should you be interested in registering for a course, please visit our course schedule.