
How to Acquire a Policy of Third Party Liability Insurance
Course Access: Lifetime
Course Overview
This course provides an explanation of what liability insurance is and how a corporation can acquire liability insurance to protect it. A corporation needs protections from potential risks as a result of claims of: bodily injury; property damage; or, various events called personal injury. Protection from liability is gained through the use of an insurance agent, and insurance broker, dealing with a direct writing insurer or by use of the expertise of a corporate employed or independent risk manager.
This course covers the following:
- How to purchase a third-party liability policy.
- Understanding the coverages provided by a third-party liability policy.
- The use of an insurance agent to acquire insurance.
- The use of an insurance broker to acquire insurance.
- The availability of direct writing insurers to acquire coverage.
- The use of a risk manager to acquire the proper and needed insurance.
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