Description
This live on-line interactive insurance webinar aims to increase your knowledge of the elements of property insurance and the requirements that a property owner may need if they either own or rent property. This could be as a homeowner or a domestic or commercial landlord. Within the course we will look at what needs to be covered as well as the legal liabilities a homeowner or landlord may have, together with the underwriter’s requirements and policy wordings. There will be a maximum of 10 delegates. This webinar will be delivered via Zoom.
Who should attend
Anyone who is working in the insurance industry within personal lines or commercial insurance. This course will be of particular interest to those who deal with or will be dealing with property owners’ insurance. This is a beginner course which is most suitable for those who have not been in the industry or working in property insurance long.
What you will learn
Course Objectives
- To better understand what is covered under a property policy and explain the extent of cover available to a client
- To better understand the legal obligations that a homeowner, renter or landlord may have and the importance of covering those obligations
- To have a greater understanding of what the underwriter is looking for and how they make their decisions on accepting cover
- To demonstrate a good understanding of the terms and language used in a property policy
Course Content
- What losses a property policy typically covers
- The covers typically included both standard and extensions offered as an option
- The legal implications of owning a property & the liabilities that may arise from ownership or occupation
- The types of properties that can be covered
- The underwriting considerations of Property Insurance
- Options open to the insured to avoid underinsurance
- The policy wordings, conditions, endorsements and exclusions you will typically find in a property policy