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AMIM 320: Insuring Ocean Marine Risks

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Better manage ocean-marine-related risks so you can effectively handle exposures related to vessels, cargo, and bodily injury. After completing AMIM 320, you’ll be able to recommend appropriate ocean marine policies to clients, learn how to evaluate shipping risks, understand when to use cargo hull policies, and more.


Skills You’ll Gain

checkmark Understand coverages offered by ocean marine insurance products to recommend the most appropriate policies for your clients.

checkmark Examine the pros and cons of containerization and intermodal transportation to improve your ability to evaluate shipping risks.

checkmark Become familiar with the ocean bill of lading so you can evaluate the terms and conditions that apply to specific shipments.

checkmark Understand ocean marine liability loss exposures so that you can provide customers with adequate levels of indemnity insurance.

Ready-Made Career Skills:

  • Ocean Marine
  • Marine Insurance
  • Container Shipping
  • Ocean Transportation
  • Bill of Lading
  • Claims Handling


Assignment 1:
Ocean Marine Insurance Today
20 Minutes
Assignment 2:
Exploring Key Facets of the Shipping Industry
15 Minutes
Assignment 3:
Protecting Cargo
35 Minutes
Assignment 4:
Protecting Vessels
30 Minutes
Assignment 5:
Surveying Protection and Indemnity Insurance
55 Minutes
Assignment 6:
Examining Additional Ocean Marine Coverages
25 Minutes
Study Plan

Exam Prep Tools

AMIM 320 comes with proven, comprehensive study materials to help you pass The Institutes Designations' exam with confidence:

  1. Printable Study Outline: Perfect for taking notes, the printable study outline has key points for each assignment and review questions (and answers!) to help you test your knowledge as you move through the course.
  2. Practice Quizzes: Quickly see where your knowledge gaps are with online practice quizzes for each assignment and for the full course. Plus, you can take them as many times as you want.
  3. Simulated Exam: Designed to give you the full experience of your final exam, the simulated exam is a timed exam that you can take only once. It mimics the exam structure and level of questions you’ll find on the actual exam. Students who take their Institutes simulated exam pass their exams at higher rates than students who don’t.
  4. Discussion Boards: Understand how concepts you're learning apply to real-life, professional experiences by connecting, gaining tips, and sharing best practices with other individuals in your field.
  5. Flashcards: Test yourself on key terms with printable flashcards to help you fit studying into your busy schedule.


  1. Does this course give me credit toward The Institutes Designations?
    • Yes! AMIM 320 gives you credit toward the Associate in Marine Insurance Management (AMIM®) designation. 
  2. How long does the course take?
    • AMIM 320 typically takes students 6-8 weeks to complete.
  3. How is The Institutes Designations’ exam structured?
    • Virtual exams are timed. You will have 65 minutes to complete 50 questions.
  4. What’s included in my course materials?
    • In addition to the online course, you have access to a printable study outline, practice quizzes, discussion boards, flashcards, and a simulated exam.
  5. How do testing windows work?
    • We offer exams in 4 testing windows throughout the year. You can complete your exam at any time in the testing window that you registered for. Access your exam from your account when the window opens and complete any time until 11:59 p.m. ET on the final day of the window.
      • Quarter 1: January 15 – March 15
      • Quarter 2: April 15 – June 15
      • Quarter 3: July 15 – September 15
      • Quarter 4: October 15 – December 15