Items which move present substantial risk to our clients. Whether an item is mobile under its own power or is provided mobility via another method, the exposures are real and dramatic. This presentation will address the exposures associated with items that move – both under their own power and those provided mobility by other vehicles. The purpose of this presentation is to remind the agent that the policy forms we use can certainly provide the coverages necessary for the exposures, but without careful review of these forms, their many exclusions can prove problematic. The basis of the presentation will be the coverages for “mobile equipment” found in the farm liability forms routinely used in the agribusiness market, the coverages for owned and non-owned vehicles found in the Personal Auto Policy (PAP), and the “auto” coverages found in the Business Auto Policy (BAP). Use of the exclusions found in each of these forms will solidify the understanding of the risks associated with items that move.
Basic Course Information
Learning Objectives
Insuring agreement farm liability coverage form
Important definitions in the farm liability coverage form related to items that move
Important exclusions in the farm liability coverage form related to items that move
Introduction to the Personal Auto Policy
Important definitions in the Personal Auto Policy
Insuring agreement Coverage A – Liability in the Personal Auto Policy
Definition of “insured” in Coverage A – Liability of the Personal Auto Policy
The peril of loading or unloading exposures and the personal auto coverage form
The importance of declarations in the business auto coverage form
An explanation of symbols in the business auto coverage form
Insuring agreement business auto coverage form
Important definitions/provisions in the business auto coverage form
Review of how the Insuring Agreement and two exclusions identify coverage for loading or unloading
Sam Bennett is an active retail producer, presenter, and shareholder in Harrison Agency, Inc. of Columbia, MO. He began his insurance career in 1987 and has been an Independent Insurance Agent from the beginning. He has worked with individuals, families, and small businesses his entire career. In this capacity, he has worked in the personal lines, commercial lines, agribusiness and life and health marketplaces. As a result of working with many types of clients, many carriers, and many coverage needs, Sam has grown to understand and appreciate the important ways an insurance professional must work with markets and clients in today’s insurance world.
Sam obtained his Certified Insurance Counselor (CIC) designation in 1996. He has taught coursework for the National Alliance in their CISR program since 2000, has presented in their CIC program since 2004, and in 2009 became a National Faculty Member of the Society of CIC. Sam is also a speaker in IRMI’s Agribusiness and Farm Insurance Specialist (AFIS) program and is a speaker in the AIMS Society’s Certified Professional Insurance Agent (CPIA) program. He has been called upon to offer insurance education in conferences and symposiums across the country over the past twenty plus years.
As much as he enjoys speaking on insurance topics, Sam’s true passion is cooking. BBQ and soul food are his specialties. He likes nothing more than a lively pulled pork/crawfish/catfish/collard green discussion.
Promo Video
Reviews
5
4
3
2
1
Overall:
4.8
Total Reviews: 114
No Group viewing for vod
PLEASE NOTE - THIS VIDEO ON DEMAND PURCHASE IS FOR INDIVIDUAL USE ONLY!! IF YOU ARE INTERESTED IN VIEWING THIS VIDEO ON DEMAND CLASS IN A GROUP SETTING PLEASE DO NOT FOLLOW THROUGH WITH THIS PURCHASE AND CONTACT SALLY SMITH DIRECTLY AT SALLY.SMITH@ABEN.TV!
Bundle(s) Pricing
This product is part of a bundle(s) which includes special pricing as displayed below.
Additional Price
Additional Price
No Group viewing for vod
PLEASE NOTE - THIS VIDEO ON DEMAND PURCHASE IS FOR INDIVIDUAL USE ONLY!! IF YOU ARE INTERESTED IN VIEWING THIS VIDEO ON DEMAND CLASS IN A GROUP SETTING PLEASE DO NOT FOLLOW THROUGH WITH THIS PURCHASE AND CONTACT SALLY SMITH DIRECTLY AT SALLY.SMITH@ABEN.TV!