I'm working with a group of individuals who are studying for their Producer's Property & Casualty Licenses.
We've found some discrepancies between different study resources (Kaplan Financial, versus Insurance Schools Inc.).
Kaplan (Property & Casualty License Exam Manual, 1st Edition - updated in March 2017) states that eligibility requirements for a businessowners policy (BOP) include:
We've found that Insurance Schools Inc. book (updated in June 2017) has some different requirements, such as:
Can someone please shed some light on this for me? I am surprised Kaplan Financial would have this so wrong. Any help would be greatly appreciated. Thank you folks!
We've found some discrepancies between different study resources (Kaplan Financial, versus Insurance Schools Inc.).
Kaplan (Property & Casualty License Exam Manual, 1st Edition - updated in March 2017) states that eligibility requirements for a businessowners policy (BOP) include:
- Less than 100 employees
- Revenues of $3,000,000 or less
- Businesses occupying up to 25,000 square feet
- Owned buildings up to 100,000 square feet and less than 6 stories
- A majority of the operation is located on-premises
We've found that Insurance Schools Inc. book (updated in June 2017) has some different requirements, such as:
- Annual gross sales of $6,000,000 or less
- Businesses occupying up to 35,000 square feet
Can someone please shed some light on this for me? I am surprised Kaplan Financial would have this so wrong. Any help would be greatly appreciated. Thank you folks!