Commercial Property Learning Guide

CIC Commercial Property Learning Guide – Print Version

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

·         Commercial Property Policy and the Building and Personal Property Coverage Form

·         Commercial Property Causes of Loss and Endorsements

·         Time Element Coverages and Endorsements

Section 1: Commercial Property Policy and the Building and Personal Property Coverage Form

In this section, participants will analyze the components of the ISO Commercial Property Policy, evaluate the three methods of insuring commercial property (specific, scheduled, and blanket coverage), and examine the Building And Personal Property Coverage Form in depth. Participants will also gain a greater understanding of how coverage can be modified through endorsement.

Section 2: Commercial Property Causes of Loss and Endorsements

In this section, participants will analyze the Causes Of Loss – Special Form to determine when a direct physical loss is excluded or limited under a Commercial Property Policy. Attention is also focused on how coverage may be modified by the use of endorsements.

Section 3: Time Element Coverages and Endorsements

In this section, participants will analyze selected Time Element Coverage Forms to determine how and when coverage applies and how coverage may be modified through endorsement.

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.