Commercial Property Insurance for Contractors - CRIS Part 4

Description

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.

About the CRIS Courses:

Demonstrate your commitment to the construction industry by earning your Construction Risk and Insurance Specialist (CRIS) designation. The CRIS designation increases the competence, confidence, and credibility of insurance professionals who sell or underwrite insurance for contractors. Contractors who buy insurance from a CRIS designee know they are dealing with a professional who is committed to the construction industry.

Online testing:

There are five(5) courses required to earn the CRIS designation, which can be taken in any order.  An online exam is taken for each course when the student is ready, allowing additional study time after the course. NO PROCTOR is required. There are 50 questions and 70% is a passing score. NO EXAM IS REQUIRED FOR CE CREDIT.

Maintaining the Designation:

To maintain the designation you must complete 6 hours of CRIS CE credit every 12 months. Courses that qualify for the CRIS reaccreditation will be offered by the Big I SC several times a year.

CANCELLATION POLICY: No refund for cancellations within 10 business days of a class. Changes made within 10 business days of the class will incur a $35 processing fee. Substitutions are permitted with prior written notification. You must complete the program in its entirety. Refunds will not be granted due to partial attendance. If you do not attend, and do not notify IIABSC 24 hours prior to the seminar, you will not be allowed to transfer your registration fee and will not receive a refund. If you experience technical difficulties during the class and cannot complete it, IIABSC will transfer your registration fee to another CISR Live webinar, but no refund will be issued. All cancellations and transfers must be submitted in writing.

IIABSC gladly complies with Title III of ADA