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BCS University

Learn how to become an insurance pro. 

Having compliance complications? Watch these helpful videos to learn about the basics of insurance.

 

Intro BCS University (revised)

 

BCS University is a library of educational insurance videos (see below) at your disposal so we can help you help yourself, a DIY insurance training. We want to make sure you have all of the knowledge and resources you need to educate yourself about our world of insurance, vendor compliance, and certificate of insurance tracking. We are always posting new videos so stay tuned!

What is a Certificate of Insurance? Why Do I Need It?coi certs

By Adam Lopez

A COI is a necessary document to prove your company is insured when entering into contracts with other entities.

What is a Notice of Cancellation? Do I need one? Notice of Cancellation, certificate of insurance, insurance, requirements, 30 day notice,

By Adam Lopez

The NOC is a crucial mechanism to assure the additional insured or other vested parties will receive notification of the cancellation or non-renewal of a vendor’s insurance policy.

What is the Difference Between Umbrella and Excess Liability?

By Adam Lopez

Excess and Umbrella are often used interchangeably, but they are two completely different policies that do fundamentally the same thing – with one major difference.

Commercial General Liability BasicsGeneral Liability, GL, CGL, Commercial General, Genera liability insurance, business owners policy, Understanding CGL Insurance, what is

By Adam Lopez

The CGL is one of the most important type of insurance as it is the first line of defense in the events of a loss. In fact, it is the broadest in terms of types of incidents that will protect the company against.

Commercial Auto Liability – What is Auto Liability? Do My Vendors Need It?automobile

By Adam Lopez

Have you ever wondered if you should require auto liability coverage from your vendors and any other third-party companies that you do business with?

The Difference Between Policy Holder, Certificate Holder, and Additional Insuredcert holder, AI language,

By Adam Lopez

Do you know the difference between policy holders, certificate holders, and additional insureds?

The Difference Between Ongoing & Completed OperationsOngoing ops, completed ops, endorsement

By Adam Lopez

Every business is unique; however, completed and ongoing coverage is an essential requirement in order to protect both contractors and individuals hiring them.

Are you listed as Additional Insured?Additional insured, insurance, endorsement, additional insured endorsement, policy,

By Adam Lopez

Watch this video to find out where Additional Insured Wording is located on a COI so you can make sure your company is being covered.

What is a Waiver of Subrogation?Waiver of subrogation, WOS, what is, endorsement, insurance,

By Adam Lopez

Waiver of subrogation is when someone waives the rights of their insurance companies to recover damage from a third-party company. But why do I need it?