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
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’ve got questions, we’ve got answers:
-
Does this course give me credit toward The Institutes Designations?
Yes! PRC 111 is a core course for the Professional Risk Consultant™ (PRC) designation.
-
How long does the course take?
PRC 111 typically takes students 6-9 hours to complete.
-
How is The Institutes Designations' virtual exam structured?
Virtual exams are timed. You will have 65 minutes to complete 50 questions.
-
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
-
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.
-
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.