Missouri Property Insurance Exam Prep Course Outline

Section 1: Introduction

Section 2: The Insurance Contract

What is Insurance?

Characteristics of Insurance Contracts

Section 3: Insurers, Hazards, and Risks

Types of Insurers

Hazards & Risks

Types of Hazards & Fraud

Risk Management

Underwriting & Rating

Section 4: Cause, Loss, and Other Important Terms

Important Terms

Cause & Loss

Section 5: Insurance Claims

Interest, Subrogation, & Claims

Valuation, Deductibles, & Coinsurance

Section 6: Basics of Liability Insurance

Liability Insurance & Policy Limits

Section 7: Insurance Policy Provisions

Common Policy Provisions

Section 8: Agent Roles & Responsibilities

The Agent & Authority

What is an Agent?

Section 9: Homeowners & Dwelling Insurance

The Standard Fire Policy

The Homeowners Policy

The Dwelling Policy

MO Homeowners Insurance Laws

Section 10: Flood & Watercraft Insurance

Flood Insurance

Boatowners Coverage

Section 11: Commercial Property & Equipment Breakdown

Commercial Property

Equipment Breakdown

Section 12: Specialty Liability

Specialty Liability

Section 13: Marine Insurance

Marine Insurance Preface

Inland Marine Insurance

Section 14: Other Commercial Policies

Farm Insurance

Federal Terrorism Insurance

Section 15: Commercial Package Policies

Commercial Package Policies

Section 16: Business Owners Policy

Business Owners Policy

Section 17: Insurance Fraud & Ethics

Fiduciary Duty & Ethics

Insurance Fraud

Fraud & False Statements

Section 18: Insurance Regulation

MO Unlawful Practices and Consumer Privacy Laws

MO Licensing and Regulations

MO Residual Markets

Section 19: MO Property Practice Exam

Section 20: Applying for your producer license: Step-by-Step