Massachusetts P&C 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

Liability & Law

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

MA Homeowners and Dwelling Insurance Laws

Section 10: Basic Types of Construction

Basic Types of Construction

Section 11: Personal Auto Insurance

MA Personal Auto Laws

Section 12: Commercial Auto Insurance

Commercial Auto Insurance

Section 13: Flood & Watercraft Insurance

Flood Insurance

Boatowners Coverage

Section 14: Commercial Property & Equipment Breakdown

Commercial Property

Equipment Breakdown

Section 15: Commercial Liability

Commercial General Liability

Specialty Liability

Umbrella & Excess Liability

Section 16: Crime, Surety, & Fidelity Bonds

Surety Bonds & Fidelity Coverages

Commercial & Government Crime

Section 17: Marine Insurance

Marine Insurance Preface

Ocean Marine Insurance

Inland Marine Insurance

Section 18: Other Commercial Policies

Farm Insurance

Aviation Insurance

Federal Terrorism Insurance

Section 19: Commercial Package Policies

Commercial Package Policies

MA Commercial Policies Laws

Section 20: Business Owners’ Policy

Business Owners’ Policy

Section 21: Workers’ Compensation

Workers’ Compensation

MA Workers’ Compensation Laws

Section 22: Insurance Regulation

MA Unlawful Practices & Consumer Privacy Laws

Fraud & False Statements

MA Licensing and Regulations

MA Residual Markets

MA Property Practice Exam

MA Casualty Practice Exam

Applying for your MA producer license: Step-by-Step