Chapter 19. Miscellaneous Commercial Insurance

Terms you'll need to understand:

  • Scheduled farm personal property

  • Unscheduled farm personal property

  • Breakdown

  • Expediting expenses

  • Spoilage damage

  • Utility interruption

  • Dollar deductible

  • Time deductible

  • Percentage of loss deductible

  • Self-insured retention

  • Terrorism Risk Insurance Act

  • Hull insurance

Concepts you'll need to master:

  • Farm coverage part

  • Farm property coverage forms

  • Farm scheduled personal property

  • Farm unscheduled personal property

  • Farm liability coverage

  • Boiler and machinery coverage part

  • Equipment breakdown protection coverage form

  • Suspension provision

  • Malpractice insurance

  • Errors and omissions insurance

  • Employment practices liability insurance

  • Difference in conditions insurance

  • Umbrella insurance

  • Surety bonds ...

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