Contracts as a Risk Management Tool
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Welcome to "Contracts as a Risk Management Tool"

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Course introduction

Course objective: To learn about contracts as a risk management tool.

Risk management is the practice of protecting an organization from financial harm by identifying, analyzing, and controlling risk at the lowest possible cost. Contracts are an integral component to the transfer and management of risk as provided by the insurance industry.

In this course, you will learn about contracts as a risk management tool through the following topics:
  • Risk management process
  • What is a contract?
  • Indemnification
  • Additional Insured
  • Duty to defend

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    Not only are policy forms, clauses, rules and court decisions constantly changing, but forms vary from company to company and state to state. This material is intended as a general guideline and might not apply to a specific situation. The authors, LunchTimeCE, Inc., CEfreedom, and Insurance Skills Center, and any organization for whom this course is administered will have neither liability nor responsibility to any person or entity with respect to any loss or damage alleged to be caused directly or indirectly as a result of information contained in this course.