F.   Social responsibility of insurance agent

  G.   Agent/company relationships

  H.   Maintaining appropriate insurance expertise

SECTION B

IV.   Terms, Concepts and Policies –– 10 Hours

  A.   Insurance terms and related concepts

    1.   Insurance

    2.   Risks

    3.   Peril (causes of loss)

      a.   Specified (named) perils

        (1)   Standard fire

        (2)   Extended coverage

        (3)   Broad form

      b.   Open perils (all physical loss)

    4.   Hazards

    5.   Loss

      a.   Direct

      b.   Indirect

    6.   Accident

    7.   Occurrence

    8.   Indemnity

    9.   Insurable interest

    10.   Actual cash value

    11.   Deductible

    12.   Limits of liability

    13.   Replacement cost

    14.   Negligence

      a.   Contributory