Products Liability
Insurance Continuing Education in Colorado
- 2 credit hours
- 25-question final exam, 70% to pass
- Proctor required for the exam
- Unlimited attempts to pass
- PDF download available
DORA applies the NAIC’s standardized terms and definitions for guidance as to who may serve as a proctor. An approved proctor is an impartial, disinterested third party or currently licensed agent with no family or financial relationship to the student and is over the age of 18. The proctor must verify the student’s identity and complete an affidavit supplied by the approved provider testifying that the agent received no outside assistance. Membership in a professional association/organization does not constitute a financial relationship.
Price: $15.00
If purchased today, this course must be completed by November 04, 2027 (365 Days)
Description
The product liability unit introduces the origins of product liability as well as the legal evolution of its concept. Significant terms are defined as the relevant legislation is introduced. Theories of recovery, such as negligence and breach of warranty are discussed along with their origins and their respective requirements for evidentiary proof. Definitions of consumer goods and common themes often found in product liability cases are also offered. Standards of responsibility for manufacturers and sellers are enumerated in terms of the legal definition of care. The concepts of proximate cause and privity of contract are considered in some detail. Finally, examples of court cases illustrative of these issues are provided throughout the text.
Final Exam
- Need Proctor?
- Yes
- Question Count
- 25
- Passing Grade
- 70%
- Attempts to Pass
- Unlimited
Rules
Rules for Colorado Insurance Continuing Education
- This state allows for course material to be downloaded. Please note that not all courses will have content that is suitable or available for downloading.
- Exam is closed book.
- Colorado gives no credit for the same course completed again within 2 years of your previous completion.
Approval Info
- Course Number
- 52837
- Approved Title
- Products Liability
- Approved Credits
- 2 credits in Property & Casualty
- Provider
- InsuranceStudy.com
- Provider Number
- 50141
- Topics Covered
- Property and Casualty Insurance, Casualty Insurance
- Program Level
- Intermediate