CISR Commercial Property case studies
CISR Commercial Property · Put your knowledge to work in context.
Insuring Commercial Property is one of nine one-day courses in the Certified Insurance Service Representative (CISR) program, a nationally recognized educational program directed at the customer service representative role in an agency. The course is an intermediate-level offering that assumes some working knowledge of the applicable policies, and it focuses on minimizing errors and omissions claims through solid understanding and analysis of risks and exposures. Its five topic areas are the fundamentals of commercial property insurance, the Building and Personal Property Coverage Form, causes of loss forms, the basics of time element insurance, and the basics of commercial inland marine insurance. The stated aim is to build cross-selling ability with current commercial property knowledge while reducing E&O exposure, so candidates should expect practical coverage analysis rather than abstract theory. The CISR Commercial Property case studies are 5 cases and about 2,732 words.
1The Strip Mall Coinsurance Trap
Riverside Holdings owns a 12-year-old strip mall. At policy inception, its agent estimates the building's replacement cost at 2,000,000.
498 words, about 2 min2Tenant Improvements, Bailee Property, and the BPP Limit
Northline Marketing leases 8,000 square feet in an office building. The lease makes the landlord responsible for the building shell and requires Northline to restore any non-removable improvements it installs.
534 words, about 3 min3Broad Form, Wind-Damaged Roof, and a Pre-Existing Skylight
A 20,000-square-foot warehouse is insured on a Broad Form causes of loss policy with a 10,000 deductible. A severe windstorm with 60 mph gusts damages the roof, opening a 20-foot section.
544 words, about 3 min4Civil Authority, Waiting Period, and a Supplier Fire
Beacon Fresh Market operates a single grocery store. Its business income and extra expense policy has a 1,000,000 limit, a 72-hour waiting period, and actual loss sustained coverage.
549 words, about 3 min5The Chiller Drop: Installation Floater vs. Builder's Risk
Grove Mechanical Contracting is installing a 350,000 custom air-handling unit in a new hotel. The unit is delivered to the job site and stored under a tarp.
607 words, about 3 min