Property insurance

Course Description

Property insurance, which is often part of a commercial general liability policy or business owner’s policy, is the most basic type of insurance that a business owner should have to protect his company’s property and its contents. Property insurance will generally provide coverage for damaged office furniture and equipment, including computers and hard drives.

Course objectives

1. To recognize the need for property insurance coverage in both the individual and the commercial settings
2. To explain the basics of the primary property policies
3. To examine the legal environment which serves to regulate the property insurance policies
4. To understand the choice, a degree of uniformity, and consumer protection.

Learning outcomes

At the end of this course, students will be able;

1. To have knowledge in property insurance coverage in both the individual and the commercial settings
2. To have the basics of the primary property policies
3.  To have knowledge of the legal environment regarding the property insurance
4. To make choices about consumer protection in property insurance

Further reading

Boggs, C., J. (2011). Insurance, risk and risk management: The insurance professional`s guide to risk management and insurance. Wells Media Group.

David, J., S., Silinsky, & Noakes, N. (2016). The Managers Guide to Terrorism, Risk and insurance: Essentials for Today`s Business. Rothstein publishing

Evans, R. (1987). The early history of fire insurance. The journal of legal History, 8 (1),88-91, DOI:10.1080/01440368708540888.

Gillot, N. et al., (1988). Commercial fire insurance. The Journal of legal and faculty of Actuaries. [Online]Available: https://www.actuaries.org.uk/documents/commercial-fire-insurance.

Hexamer, C. A., (1905). Fire insurance-Rate and schedule Rating. The Annals of the American Academy of political and social science, Volume 26, PP. 211-223.c, the institute of India (2011). General principles of insurance. in: s.l.:s.n., pp. 1-46.

Kyriaki, N., (2007). Principles of indemnity in Marine insurance Contracts-A Comparative Approach. s.l.: springer.

Manning, A., 2008. Business interruption insurance for business managers, insurance brokers and advisers, Under writers, claims officers, loss adjusters and risk managers (5th ed.). Victoria: Australia: Mannings of Melbourne pty. ltd.

Outreville, F. J., (1998) . Theory and practice of insurance. New York: springer science + business media.

Pearson, R., (1992). Fire insurance and the British textile industries during the industrial revolution. business history, XXXIV (4), pp.1-19.

Raul, C., & Andrea, l., (2024). what is terrorism? concepts, Definitions and classifications. Contributions to conflict management, peace economics and development,22,1-23

Please login/register to access more content