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Insuring Commercial Property - Classroom

Insuring Commercial Property - Classroom

Thursday, June 5, 2025
8:00 AM - 4:30 PM (CDT)

Big I MN (Training Room Located on Lower Level - LL20)

601 Carlson Parkway
Minnetonka, MN 55305-5203
United States

Fundamentals of Commercial Property Insurance

Basics of property insurance policies, how to identify and explain types of property policies, different valuation methods used, how coinsurance applies, and how to handle fluctuating property values.

Building and Personal Property Coverage Form

Building and Personal Property Coverage Form, the definition of Covered Property (Building, Business Personal Property, and Personal Property of Others), and the differences between Additional Coverages, Coverage Extensions, and Optional Coverages.

Causes of Loss Forms

Comparisons of coverages, exclusions, and limitations of the various Cause of Loss Forms - Basic (CP 10 10), Broad (CP 10 20), and Special (CP 10 30).

Basics of Time Element Insurance

Significant Business Income exposure and methods of providing the appropriate insurance protection.

Basics of Commercial Inland Marine Insurance

Overview of the nationwide Inland Marine definitions and the distinction between controlled and uncontrolled inland marine lines.

Registration Options

Credits Price
Registration
7.00 (MN Continuing Education Approved) $190.00

Agenda

June 5
8:00 AM - 8:00 AM Registration/Check-In
8:00 AM - 10:15 AM Fundamentals of Commercial Property Insurance Gloria Thompson
CIC
10:15 AM - 12:00 PM Building and Personal Property Coverage Form Gloria Thompson
CIC
12:00 PM - 12:45 PM Lunch
12:45 PM - 2:15 PM Causes of Loss Forms Gloria Thompson
CIC
2:15 PM - 3:15 PM Medical Payments and/or Personal Injury Protection Gloria Thompson
CIC
2:15 PM - 3:15 PM Basics of Time Element Insurance Gloria Thompson
CIC
3:15 PM - 3:45 PM Basics of Commercial Inland Marine Insurance Gloria Thompson
CIC
3:45 PM - 4:15 PM Q&A and Review Gloria Thompson
CIC

Gloria Thompson
CIC

BIO:

Gloria Thompson began her career in the insurance industry over 40 years ago and obtained her insurance agent's license in 1984. She earned her CIC designation in 2000. Gloria is currently employed by North Risk Partners as a Risk Advisor and enjoys the opportunities she has to mentor and collaborate with her fellow agents. Gloria's passion for education and public speaking aligned her with the opportunity to instruct insurance courses. She has taught courses for several organizations, including the National Alliance's CISR program and Kaplan Professional Schools, as well as specific specialty topics written by her and presented at the MIIAB conventions. Gloria is a past board member for the National Alliance's CISR Board of Governors. Through her service on the Board of Governors she gained in depth knowledge of the CISR program, and watched the program evolve over her six years of service. Currently, Gloria serves as the Education Chair for the Minnesota Independent Insurance Agents and Brokers, which serves as the oversight committee for the National Alliance's continuing education programs in Minnesota. Gloria appreciates the opportunities for mentoring, networking, and involvement in the insurance industry that these organizations provide. She is also a member of the Twin Cities Insurance Club and has been a guest speaker for various insurance topics for the organization over the years. She was named Agent of the Year by the Minnesota Independent Insurance Agents and Brokers in 2014. Dan Riley, CEO of the association said, "Her professional experiences and her vast knowledge of the business have helped thousands of Minnesota agents become the best insurance professionals in the country." Gloria completed her Educational Consultant training with the National Alliance in May of 2017, and now serves in that role on behalf of the MIIAB for Minnesota CIC and Rubles educational programs.

For More Information:

Alina Saleem
Alina Saleem
Education & Member Service Professional Big I Minnesota (763)235-6474
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Online Exam Window:
June 5th - June 12th, 2024

All final exams require you to have a proctor, a disinterested third-party, to monitor your exam through its entirety. More testing information and instructions can be found at scic.com/proctor-monitor-rules.

Course Help and Exam Help