When you enroll in this course, you'll also be enrolled in this Professional Certificate.
Learn new concepts from industry experts
Gain a foundational understanding of a subject or tool
Develop job-relevant skills with hands-on projects
Earn a shareable career certificate from Liberty Mutual Insurance
There are 4 modules in this course
Insurance Product Knowledge provides comprehensive training on a broad range of insurance products, encompassing personal, commercial, and specialized coverage.
You will begin with an exploration of personal auto and property insurance, gaining expertise in homeowners, renters, condominium, and landlord policies.
The course advances to commercial lines insurance, detailing critical aspects, including commercial general liability, property, auto, and workers' compensation.
The course then delves into the realm of specialty lines, highlighting both personal and commercial specialty insurance products like motorcycle, watercraft, farm, umbrella and their unique features and characteristics.
Each module is designed to develop a thorough understanding of insurance policies, coverages, endorsements, and the diverse needs of clients. By the end of the course, you will be well-equipped to navigate and explain various insurance products confidently and proficiently.
During this module you will explore the fascinating world of personal auto insurance and equip yourself with the knowledge to become an expert. By the end of the module, you will be able to confidently understand the different features of a personal auto policy, including all the important coverages. You will also dive into the purpose of personal auto endorsements, giving you a comprehensive understanding of their significance. Get ready to become an auto insurance pro and embark on an engaging learning experience!
Auto Coverage - Part B - Medical Payments Coverage•10 minutes
Auto Coverage - Personal Injury Protection Coverage•10 minutes
Auto Coverage – Part C – Uninsured Motorist•15 minutes
Auto Coverage - Part D - Physical Damage Coverage•15 minutes
Auto Coverage - Parts E and F - Duties After Loss & General Provisions•10 minutes
Activity: Explaining Auto Coverage in Everyday Language•15 minutes
Personal Lines Insurance: Property
Module 2•5 hours to complete
Module details
During this module you will explore the fascinating world of personal homeowners insurance and equip yourself with the knowledge to become an expert. By the end of the module, you will be able to confidently understand the different features of a personal homeowners policy, including all the important coverages. You will also dive into the purpose of personal homeowner endorsements, giving you a comprehensive understanding of their significance. Get ready to become a homeowners insurance pro and embark on an engaging learning experience!
What's included
8 videos11 readings8 assignments10 plugins
Show info about module content
8 videos•Total 17 minutes
Property Declaration Page Overview•2 minutes
Property Deductibles•2 minutes
Dwelling Features•3 minutes
Understanding Home Valuation•2 minutes
Scheduling Personal Property / Inland Marine•2 minutes
What is Renters Insurance (HO-4) and Who Needs It?•3 minutes
What Makes Condo Insurance (HO-6) Different?•2 minutes
How to Determine the Coverage Limit Needed for a Condo Policy•1 minute
11 readings•Total 102 minutes
Course Disclaimer•1 minute
Introduction to Personal Insurance: Property•5 minutes
Listing the Named Insured on Home Policies•15 minutes
The Difference Between Replacement Cost, Actual Cash Value, and Market Value•10 minutes
Scheduling Personal Property / Inland Marine•10 minutes
Property Endorsements•15 minutes
Renters Insurance Coverages•10 minutes
Comparison of a Condo Policy and a Homeowner Policy•6 minutes
Condo Insurance Coverages•10 minutes
Introduction to Landlord Insurance•10 minutes
Other Property Policies (Seasonal, Vacant, Modular Home, Manufactured Home, and Mobile Home)•10 minutes
8 assignments•Total 57 minutes
Lesson Quiz: Introduction to Personal Insurance: Property•5 minutes
Lesson Quiz: Dwelling and Other Structures Coverage•5 minutes
Lesson Quiz: Personal Property Coverage•5 minutes
Lesson Quiz: Loss of Use•5 minutes
Lesson Quiz: Exclusions and Endorsements•5 minutes
Lesson Quiz: Renters, Condo, Landlord, and Other Property Policies•5 minutes
Activity: Match the Customer to the Right Property Policy•7 minutes
Module Quiz: Personal Lines Insurance: Property•20 minutes
10 plugins•Total 105 minutes
Homeowner Forms and Perils•10 minutes
The Property Claims Process•5 minutes
Identify the Named Insured on the Home Policy•15 minutes
Property Coverages A & B: Dwelling & Other Structures•10 minutes
Property Coverage C - Personal Property•10 minutes
Property Coverage D: Loss of Use•10 minutes
Property Exclusions•10 minutes
Property: Coverage E - Personal Liability and Coverage F - Medical Payments to Others•10 minutes
Liability Coverage Review•10 minutes
Activity: Explaining Property Coverages in Everyday Language•15 minutes
Commercial Lines Insurance
Module 3•4 hours to complete
Module details
During this module you’ll explore the dynamic world of commercial insurance and equip yourself with the knowledge to navigate this specialized field. You'll discover the key aspects of commercial insurance and gain a solid understanding of how it differs from personal insurance. By delving into its unique characteristics and requirements, you'll develop a comprehensive perspective. Furthermore, you'll recognize various commercial insurance products and become proficient in explaining their features and characteristics. From general liability to property insurance, we'll explore a wide range of offerings, empowering you to understand the diverse needs of businesses. Join us on this enlightening journey as we unravel the complexities of commercial insurance!
What's included
23 videos13 readings10 assignments1 plugin
Show info about module content
23 videos•Total 73 minutes
Introduction to Commercial Insurance•2 minutes
Examples of Commercial Insurance in Everyday Life•2 minutes
Different Types of Businesses that Need Insurance•2 minutes
Types of Commercial Lines Policies•9 minutes
Commercial Lines Claims Process•3 minutes
Factors that Influence Insurance Needs of Businesses•4 minutes
Underwriting Guidelines•2 minutes
Risk Classification•4 minutes
The Role of an Underwriter•2 minutes
Pre-Packaged Policies for Commercial Insurance•2 minutes
Monoline Policies for Commercial Insurance•2 minutes
Building and Personal Property Coverage Form•5 minutes
Business Income and Extra Expense Coverage Form•2 minutes
Lesson Quiz: Commercial General Liability Insurance•7 minutes
Lesson Quiz: Commercial Auto Insurance•5 minutes
Lesson Quiz: Workers Compensation•5 minutes
Module Quiz: Commercial Insurance•20 minutes
1 plugin•Total 10 minutes
Business Exposures•10 minutes
Personal and Commercial Insurance: Specialty Lines
Module 4•5 hours to complete
Module details
During this module you’ll explore the fascinating world of specialty insurance products and develop the ability to recognize and explain their unique features and characteristics. Throughout this program, you will gain insight into personal insurance specialty products and understand their distinct qualities. We will also focus on commercial insurance specialty products, equipping you with the knowledge to identify and articulate their important features. Join us on this exciting journey as we unlock the complexities of specialty lines insurance!
What's included
17 videos11 readings10 assignments1 peer review
Show info about module content
17 videos•Total 44 minutes
Why Some Products are Considered Specialty Lines•2 minutes
Motorcycle Insurance•3 minutes
Antique and Classic Car Insurance•3 minutes
ATV, Off-Road Vehicle, Snowmobile, and Golf Cart Insurance•3 minutes
At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow.
In business since 1912, and headquartered in Boston, today we are the eighth largest global property and casualty insurer based on 2023 gross written premium. We also rank 87 on the Fortune 100 list of largest corporations in the US based on 2023 revenue. As of December 31, 2023, we had $49.4 billion in annual consolidated revenue.
We employ over 45,000 people in 29 countries and economies around the world. We offer a wide range of insurance products and services, including personal automobile, homeowners, specialty lines, reinsurance, commercial multiple-peril, workers compensation, commercial automobile, general liability, surety, and commercial property.
For more information, visit www.libertymutualinsurance.com.
When will I have access to the lectures and assignments?
To access the course materials, assignments and to earn a Certificate, you will need to purchase the Certificate experience when you enroll in a course. You can try a Free Trial instead, or apply for Financial Aid. The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
What will I get if I subscribe to this Certificate?
When you enroll in the course, you get access to all of the courses in the Certificate, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile.