C35 – Insurance Against Crime
An overview of crime insurance is provided. The course is especially recommended for those in Underwriting, Claims, and Loss Prevention. You will study the crime perils, the need for insurance against them, and the forms that provide this coverage. The underwriting of crime coverages, prevention and control of crime losses, and the adjusting of crime losses will be covered.
Chapter Outlines:
- Introduction to crime insurance
- Traditional policy forms
- Comprehensive Dishonesty, Disappearance and Destruction Policy (the “3-D” policy)
- Financial institutions coverages
- Underwriting
- Protection of premises
- Burglar alarms and intrusion detection devices
- Line security and signal termination; choice of alarm systems
- Safes and vaults; robbery
- Rating; claims
