Excellence in Life and Property Insurance Administration

At the end of the workshop, participants will:

• Obtained knowledge of life products
• Gained an understanding of how current market practice has developed
• Gained an understanding of consumer protection legislation.

CONTENT

• Define insurable interest and learn the types
• Review policy  provisions and conditions
• Learn  about property classification –real and personal
• Life insurance: dealing with various insurance brokers
• Life and property claims management
• Grasp the difference between a named and an all-risk policy
• Review limits of liability and how to determine estimated losses
• Determine how to value property
• Examine sublimit, exclusions, and conditions
• Learn about deductibles
• Find out about direct damage policies
• Take a look at consequential and time element coverage
• Learn how special coverage policies can provide protection in selected explosure areas
• Examine combination coverage

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.