Surety Education for Professionals

CE Credits for Licensed California P&C Agents/Brokers

Course Details

IMPROVEMENT & SUBDIVISION BONDS - "The Law of Developers" - Part 3

The Process To Approval and Issuance

Do you want to become a leader in the improvement bond market amongst your peers?  If so,  this final session of the three-part series will provide you the necessary tools.  Discussions and  examples of the underwriting questions from the surety perspective are reviewed, using sample improvement agreements, set-aside letters, financial statements, work in process reports and sales reports.  At the conclusion of this course, and in particular if you have taken all three sessions,  you will know the terminology unique to the industry, and the nuances of the underwriting and bond issuance process.   Tips are provided on how to look for opportunities to bring value to your developer clients by understanding the risks they face, how to recognize problems before a submission is made to the surety markets, and finding ways to save money on premiums and reduce the time from initial bond request to bond approval and issuance.  We know at the conclusion of this course, and the full series, you will have increased confidence in your ability to service and navigate the needs of your developer clients, not only in the insurance lines, but their surety needs as well.

DOI #:387998
Format:PDF
Hours:4
Credits:4
Price:$90.00
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Refund Policy: If you are not fully satisfied with the course material and you have not started the final exam, we will refund your full purchase price if you notify us within 30 days. After 30 days, or if you have started the final exam, there will be no refunds given.