Personal Lines Insurance - Introduction - Searchlight Insurance Training

Personal Lines Insurance – Introduction

This participative workshop provides an introduction to the principles and practices of personal lines insurance. It explores the aspects which need to be understood by those involved in providing basic technical or administrative services

 

Level: Introduction

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

WORKSHOP OBJECTIVES

Delegates who successfully complete this workshop will be able to:

• explain the legal requirements for motor insurance and the reasons why customers buy the main types of personal insurance

• outline the cover and extensions typically available under the main classes of personal lines insurance, and the main exclusions and conditions

• describe how an underwriter assesses and underwrites the main classes of personal lines insurance

WORKSHOP CONTENT

• Why customers buy Motor Insurance, Household Insurance, Travel Insurance, Personal Accident Insurance and Pet Insurance

• The Major Covers:

• Private Motor Insurance
• Household Insurance
• Travel Insurance
• Personal Accident Insurance
• Pet Insurance

• Typical Personal Insurance Policy Conditions and Exclusions

• Underwriting – the Information Required and the Basis of Rating