Course offered by
The Institutes Knowledge Group
PRC 112: Focusing on Commercial Coverage Solutions
Overview
Understand coverage options, causes of loss, and factors influencing premiums as you explore the intricacies of commercial property insurance. Examine vital commercial coverages including exclusions, limits, conditions, and deductibles. Navigate commercial auto insurance and other coverages including workers compensation, employers’ liability, and umbrella policies. Understand elements impacting ratemaking, rating plans, and regulatory standards on premium determination.
Course Highlights and 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.
FAQ
You have questions, we have answers:
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Does this course give me credit toward The Institutes Designations?
Yes! PRC 112 is a concentration course for the Professional Risk Consultant (PRC®) designation.
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How long does the course take?
PRC 112 typically takes students 6-9 hours to complete.
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How is The Institutes Designations' virtual exam structured?
Virtual exams are timed. You will have 65 minutes to complete 50 questions.
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Do the courses in the PRC program earn CE credit?
Most courses do offer CE credit.
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Tell me about The Institutes Designations' exam windows and what is the best strategy to selecting a window.
Each exam window is open for 60 days. You may take your exam anytime during that time period.*
We recommend you create a study plan to complete the course work first, then add two to three weeks for review and to complete the practice exam to be confident you are prepared. After creating this schedule, you should be able to select your exam window. If your projected completion date falls between exam windows, we recommend selecting the next exam window to not rush your studies.
*Exam windows that close on a weekend will be extended to the following business day.
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I am not sure I’m ready for a designation-level course, are there other options or programs at The Institutes for me?
Absolutely. The Institutes is home to a variety of options including Micro-Certs, topic courses, market specialization courses, continuing education courses, employee benefits courses and certificates.