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Special risks

Module check: the spend that exceeds the sum insured

Five questions to take right after the module. They cover a mandatory rule insureds almost never invoke, the boundary between shoring up and rebuilding when both happen in the same week with the same trucks, the direction of time that separates mitigation from acceleration, and the free step that satisfies two opposing obligations.

5 questions · 7 min · Intermediate

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Answer 80% of the questions correctly and the Academy issues you a named certification, carrying a number and verifiable online by a third party.

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A construction policy's sum insured is exhausted by a covered loss. An excavation keeps collapsing and threatens a neighboring property. The employer hesitates to commit the emergency spend. What should be said?

Revision

Every question, its answer and the reasoning

Every answer and its explanation appears here once you have finished the path. Each one then links to the matching glossary entry, where the concept is set out in full with its worked example.