Crime and Fidelity Guarantee Insurance - Introduction - Searchlight Insurance Training

Crime and Fidelity Guarantee Insurance – Introduction

This workshop provides an excellent introduction to the principles and practices involved in Crime and Fidelity Guarantee insurance.

It explores the aspects which need to be understood by those involved in providing basic technical or administrative services.

The workshop can also be used as a good grounding for trainees or those who have potential to develop their careers into more technically demanding work in the future.

Level: Introduction

Duration: 1 day(s) CII CPD Hours: 6
     

Describe the differences between Crime and Fidelity Guarantee insurance covers

Outline the policy covers, definitions, conditions and exceptions

Recognise the principles of underwriting and how they apply to new and existing customers

Apply the principles of risk assessment and risk management

Outline the implication of losses to policy cover, conditions and exclusions

Consider the principles and procedures for handling and settling claims

Explore the opportunities for marketing and promoting the products

Explore the reasons why customers need Crime and Fidelity Guarantee insurance

The policy covers, definition, conditions and exceptions

The differences in insurance cover available from insurers

The principles of underwriting

The concepts of risk assessment and risk management and their applications

The principles and procedures for handling claims

The effectiveness of insurance covers

Testing (optional)