Course offered by
The Institutes Knowledge Group
PRC 111: Recommending Coverage Solutions
Overview
Explore commercial property and general liability coverage and policies. Understand why liability coverage is vital and the options you have when recommending a solution, including personal and advertising injury, workers compensation, breakdown, commercial crime, and more. Learn how small businesses meet their needs with businessowner policies, as well as how homeowners and personal auto coverages address your clients’ needs.
Skills You'll Gain
Explore Commercial Property Coverage
Identify the components of a Commercial Liability Coverage Part and examples of information found in each
Understand other essential commercial coverage solutions including workers comp, breakdown, commercial crime, and more
Help your small business clients meet their coverage needs
Dive into the coverages offered by the homeowners policy
Explore the personal auto policy and how to customize it with endorsements
Completing this course gives credit toward The Institutes Designations:
- Professional Risk Consultant™ (PRC)
Assignments
Exam Prep Tools
PRC 111 comes with proven comprehensive study materials to help you take The Institutes Designations' exam with confidence:
- Printable Study Outline
The study outline provides a summary of the course content and review questions to help you test your knowledge of each assignment as you move through the course. - Practice Quizzes
Quickly see where your knowledge gaps are with online practice quizzes for each assignment and for the full course. And bonus – take them as many times as you want. - Simulated Exam
Designed to give you the full experience of your final exam, the simulated exam is a timed exam that you can only take 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. - Discussion Boards
Better understand how key concepts apply to real-life, professional experiences by connecting, gaining tips, and sharing best practices with others in your field. - Flashcards
Test yourself on key terms with flashcards to help you fit studying into your busy schedule.
FAQ
You’ve got questions, we’ve got answers:
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Does this course give me credit toward The Institutes Designations?
Yes! PRC 111 is a core course for the Professional Risk Consultant™ (PRC) designation.
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How long does the course take?
PRC 111 typically takes students 1-2 months to complete.
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What’s included in my course materials?
Your course materials include the online interactive course, printable study outline, flashcards, practice quizzes, discussion boards, relevant articles, and a simulated exam.
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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?
PRC 110 and PRC 111 qualify for CE credit.
The Micro-Certs that qualify for CE credit are:
- M-AB 121 Closing Commercial Coverage Gaps
- Badge Title: Commercial Coverage Gaps
- M-AB 122 Helping Clients Prepare for the Worst
- Badge Title: CAT Preparation Foundations
- M-AB 123 Understanding Supplemental Personal Lines
- Badge Title: Supplemental Personal Lines
- M-AB 124 Managing Clients’ Cyber Risks
- Badge Title: Cyber Risk Foundations
- M-AB126 Identifying Commercial Clients' Risks
- Badge Title: Commercial Risk Foundations
- M-AB 121 Closing Commercial Coverage Gaps
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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.
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Are there study groups or online classes available for courses in the PRC program?
For select designations and courses, instructor-led classes are available both in-person and online.
Find out if this designation has classes available near you.
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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, and a Producer Accelerator program.