Property Owners Insurance Course

This participative workshop is for those with an understanding of commercial property insurance but little involvement in specific property owners insurance. It provides an overview of property owners insurance policies and some of the key issues which are faced in this area of insurance.

CONTENT

Leases

• Key lease terms
• Importance of what lease says
• Key Extensions of cover
• Key terms conditions and exclusions

Rent

• Definition of rent
• Key terms
• Key rent extensions on policies
• Dealing with mid-term rent increases

Insurable interest

• Who has insurable interest
• Solutions
• Subrogation waivers
• Further property owners risks

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.