Introduction to property insurance
What topics are covered by the course?
This course provides a comprehensive introduction to the main classes of property insurance.
Different elements of the programme - fire insurance, business interruption or other property classes - can be selected as required.
Programme:
Module one - Fire insurance (one day):-
• The principles of:
- Utmost good faith.
- Insurable interest.
- Indemnity.
- Proximate cause.
- Subrogation and contribution.
• Modern wordings of the fire policy.
• Rating basis for combinations of cover and perils.
• Assess EML/PML factors and retention levels.
• Risk sharing agreements.
• Special policy wordings and extensions to cover.
• Case studies.
Module two - Business interruption insurance (one day):-
• The standard profits policy wording.
• Basic accounts.
• Methods of arriving at the sum assured.
• Indemnity period - demonstration loss settlement.
• Rating.
• Examination of special covers in current use.
Module three - Other property classes (one day):-
• Theft insurance:
- Policy wordings.
- Underwriting principles and practice.
• Money insurance.
• Goods-in-transit.
• Glass insurance.
• Deterioration of stock insurance.
Who should attend?
Anyone who needs an introduction to the main classes of property insurance.
What will I be able to do on completion?
Gain foundation knowledge of all the main property insurance classes.
How will I be assessed?
Not applicable
Further Details
Follow-on course:
Intermediate fire and business interruption.
CPD hours:
Attendance of this course awards up to 18 CPD hours where you consider it relevant to your professional
development needs.
Category: Classes / Courses | Professional Training | Classes, Courses & Workshops.
Venue Details: CII Face-to-Face Training, Fountain House, 130 Fenchurch Street, 11th Floor, London EC3M 5DJ, United Kingdom.
Guide Price: CII non-member: GBP 675, CII member: GBP 570.
| Delivery: | Other |
| Category: | Finance & Investment » |
| Duration: | On 10th - 12th October, 2016 at 9:30 am - 4:30 pm. |
Information provided is for information purposes only and no guarantees are made with regards to accuracy. It is advised that all details are checked prior to making a booking. Contents © 1999 - 2020. All rights reserved.
