Insurance is one of the main forms of risk transfer. It provides economic protection to the insured against unexpected losses. It also helps to protect the financial stability of an institution. This course will introduce students to the fundamental concepts of insurance as well as its key functions and regulation. It will also help students gain insights into diverse insurance types, and the claims and underwriting decision processes. This will allow students to confidently serve their customers and build a strong foundation in their understanding of insurance.

Fundamentals of Insurance course exams are written by third-party companies who have an incentive to make them as difficult and tricky as possible because the more questions you fail, the more money they make. This is why it’s critical to take a comprehensive pre-licensing course such as those offered by America’s Professor so that you’re completely prepared for any kind of question that might be asked on the exam.

General Insurance Level 1 License: Launching Your Career in Risk Management and Coverage

If you’re ready to learn all about property and casualty, life, auto, accident & sickness insurance, contracts, regulatory bodies and insurance definitions, then this is the course for you! Using the story of the Butler family to illustrate a variety of insurance topics, this course is designed to break down learning barriers and increase student retention. Upon successful completion of this course, you’ll be fully equipped to successfully challenge the Level 1 Insurance Brokers License exam through your local Provincial Insurance Council.