This is an overview of commercial “combined” insurance risks. It will review the main covers available together with typical exclusions, conditions and underwriting features to be considered.

CONTENT

• Identify the risks encountered by commercial organisations
• Consider the implications of legislation with respect to insurance
• Outline the main covers available
• Property Damage
• Business Interruption
• Employers Liability
• Public and Products Liability
• Calculating a gross profit sum insured 
• Basic perils insured 
• The indemnity period 
• Goods in Transit
• Review the typical policy structure, conditions and exclusions
• Know the information required to obtain a quotation
• Have an awareness of the underwriting process

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.