Insurance Course Descriptions

BUS 111 – Personal Insurance, 3 credits

This course introduces the student to personal lines insurance.  It starts with an introduction of insurance key terms, explaining the concepts of insurance, and deals with the basics of 2nd and 3rd party coverage.  It deals in-depth with homeowners, auto, motorcycles, and recreational insurance.  It introduces Michigan insurance law, the Essential Insurance Act, financial responsibility law and no-fault law.

BUS 112 - Life and Health Insurance, 3 credits

This course provides practical knowledge for a student entering the field of life and health insurance.  It starts with an introduction of life & health insurance, continues to laws affecting these policies, and continues with annuities, disability income and accidental death.  It concludes by studying group concepts of life and health insurance.

BUS 113 - Commercial Insurance, 3 credits

This course provides an understanding of commercial insurance.  Covering subjects on property, liability, crime, boiler, and business owners.  It will include studying specific policies for condos, business owners, workers compensation, contractors, and garage keepers.