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Principles of Insurance (Part 1)
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Welcome to "Principles of Insurance (Part 1)"

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Course introduction

Course objective: To learn about basic principles of insurance, such as insurance history, risk, and insurance as a contract.

Do you have questions about the basic principles behind insurance but were afraid to ask? Don't worry. The Principles of Insurance courses are here to help. You'll probably even learn a thing or two about subjects you're quite familiar with.

In this course, you will learn about the basics of insurance through the following topics:
  • History of insurance
  • Risk: an introduction
  • The criteria for risk in insurance
  • Insurance as a contract
  • Characteristics of insurance policies as contracts

    We recommend that you take the Principles of Insurance (Part 2) course in addition to this course to review the basics about lines of insurance, insurers, and other key facets of the insurance industry.


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    © 2004, LunchTimeCE, Inc and Insurance Skills Center. All Rights Reserved.

    Not only are policy forms, clauses, rules and court decisions constantly changing, but forms vary from company to company and state to state. This material is intended as a general guideline and might not apply to a specific situation.
    The authors, LunchTimeCE, Inc. and Insurance Skills Center, and any organization for whom this course is administered will have neither liability nor responsibility to any person or entity with respect to any loss or damage alleged to be caused directly or indirectly as a result of information contained in this course.