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Video On Demand

A Walk Around The Farm – Farm Property Considerations


Total Credits: 2 including 2 CE Credit

Average Rating:
   71
Bundle(s):
AG Business Bundle - VOD with CE
Categories:
Commercial Lines |  Commercial Lines - Specialty Policies |  Personal Lines |  Personal Lines - Speciality Policies |  MLIS Designation Update Qualified
Faculty:
Samuel T Bennett, CIC, AFIS, CRIS, CPIA, CPRM
Course Levels:
Intermediate
Duration:
2 Hours
License:
Access for 90 day(s) after purchase.


Description

This presentation will concentrate on often-used ISO Farm Property Coverage Forms with a goal of familiarizing the participant with the structure and coverage intent of the farm property program.  Even though many carriers do not use ISO forms in their farm program, the information is consistent also for AAIS and most proprietary farm programs.

Basic Course Information

Learning Objectives
  • Overview of the use of Acord Agriculture Applications as effective risk identification tools
  • Review of Common Policy Conditions and relevance of First Named Insured as to rights and obligations
  • Review of Farm Property Coverage Declarations with emphasis on relationship between Declarations and reference thereto in the coverage form(s)
  • Introduction to the Farm Property – Farm Dwellings, Appurtenant Structures and Household Personal Property Coverage Form (FP 00 12 04 16)
  • Overview of the structure of the FP 00 12
  • Review of Coverage Extensions – FP 00 12
  • Overview of the structure of the FP 00 13
  • Review of Coverage E – Scheduled Farm Personal Property
  • Review of Coverage F – Unscheduled Farm Personal Property
  • Review of Coverage Extensions and Additional Coverages
  • Discussion of the use of endorsements and/or coverage forms to fill gaps
  • Overview of the structure of the FP 00 14
  • Overview of FP 00 90 – Farm Property – Other Farm Provisions Form – Additional Coverages, Conditions, Definitions  
  • Overview of FP 10 60 – Causes of Loss Form – Farm Property

 
 


Course Materials

Faculty

Samuel T Bennett, CIC, AFIS, CRIS, CPIA, CPRM's Profile

Samuel T Bennett, CIC, AFIS, CRIS, CPIA, CPRM Related Seminars and Products


Sam Bennett is an active retail producer, presenter, and shareholder in Harrison Agency, Inc. of Columbia, MO. He began his insurance career in 1987 and has been an Independent Insurance Agent from the beginning. He has worked with individuals, families, and small businesses his entire career. In this capacity, he has worked in the personal lines, commercial lines, agribusiness and life and health marketplaces. As a result of working with many types of clients, many carriers, and many coverage needs, Sam has grown to understand and appreciate the important ways an insurance professional must work with markets and clients in today’s insurance world.

Sam obtained his Certified Insurance Counselor (CIC) designation in 1996. He has taught coursework for the National Alliance in their CISR program since 2000, has presented in their CIC program since 2004, and in 2009 became a National Faculty Member of the Society of CIC. Sam is also a speaker in IRMI’s Agribusiness and Farm Insurance Specialist (AFIS) program and is a speaker in the AIMS Society’s Certified Professional Insurance Agent (CPIA) program. He has been called upon to offer insurance education in conferences and symposiums across the country over the past twenty plus years.

As much as he enjoys speaking on insurance topics, Sam’s true passion is cooking. BBQ and soul food are his specialties. He likes nothing more than a lively pulled pork/crawfish/catfish/collard green discussion.

 


Promo Video

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Overall:      4.9

Total Reviews: 71