Course offered by
The Institutes Knowledge Group
AMIM 320: Insuring Ocean Marine Risks
Overview
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
Understand coverages offered by ocean marine insurance products to recommend the most appropriate policies for your clients.
Examine the pros and cons of containerization and intermodal transportation to improve your ability to evaluate shipping risks.
Become familiar with the ocean bill of lading so you can evaluate the terms and conditions that apply to specific shipments.
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
Assignments
Exam Prep Tools
This course comes with proven, comprehensive study materials to help you take The Institutes Designations' exam with confidence:
- Interactive Online Course: Learn at your own pace through a structured learning experience and modules featuring animations, video, question/answer scenarios, and more.
- Mobile App: A flexible and convenient way for you to assess your understanding anytime, anywhere.
- Practice Questions: Test your understanding throughout the course with knowledge checks and exam practice questions designed to reinforce key concepts, identify areas for review, and help you prepare with confidence.
- Simulated Exam: Strengthen your readiness using a timed exam that mirrors the structure and difficulty of the actual exam. Students who complete the simulated exam pass at higher rates than those who don't.
- Study Outlines: Reinforce your learning with study outlines designed to help you take notes and review the material as you progress through the course, with the option to print.
- Resources: Take advantage of optional learning resources to reinforce your understanding and support your personal study routine.
FAQs
- 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.
- How long does the course take?
- AMIM 320 typically takes students 4-6 weeks to complete.
- How is The Institutes Designations’ exam structured?
- Virtual exams are timed. You will have 65 minutes to complete 50 questions.
- 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
- 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.
*Exam windows that close on a weekend will be extended to the following business day.