Occupancy Hazards

Current Status

Not Enrolled

Price

Free

Get Started

This course costs $80 + HST. Your company will be invoiced after you enroll (at the end of the month). You will only be charged once, even if you review the course multiple times. You will have access to the course for six months after enrolling.

As one aspect of the COPE (construction, occupancy, protection exposure) information required by insurers to understand a property it is vital that insurance staff pay close attention to occupancy because it directly affects the risk profile of a property. Here’s why it’s critical:

  • Different occupancies present different hazards – Each specific occupancy type presents unique risks.
  • Changes in occupancy can increase risk – If a building’s use changes (e.g., from storage to a welding shop), the fire load and exposure change dramatically. Insurance coverage must reflect the risk being assumed.
  • Occupancy affects fire protection needs. Different occupancies require different fire protection requirements.
  • Occupancy is a key underwriting factor. Insurers classify occupancy to determine premium pricing, set underwriting guidelines and decide on required risk improvements
  • Undisclosed or misrepresented occupancy can lead to claims issues.

How to enroll in this course

If you don’t see the course content below, you are not enrolled in this course. First, ensure you are logged in. Then, click ‘Launch’ to enroll.

How to begin the course

After enrollment you will see a list of course topics below. Click on the first topic to begin.

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