Advanced Insurance Principles and Practice

  • Start Date

    08 Mar, 2022

  • End Date

    11 Mar, 2022

  • Price

    ₦190,000

  • WiFi

    Free wifi

Event Details

By the end of this workshop, participant will be able to:

  • Explain the nature of insurance
  • List the functions of insurance
  • List some classification of risk
  • Identify the insurance market, and intermediaries and their functions
  • Mention major categories of general insurance business.
  • Name all types of life assurance contracts their uses and benefits
  • Explain the principle of contract as relate to insurance.
  • Define insurance contract and the rules applying to insurance.

 

CONTENT

  • What is Insurance, what isn't it and why does it matter?
  • Property Insurance Policies – Common Characteristics
  • Principles of insurance
  • Essential "types" of Insurance and terminology
  • Who's who in the Insurance Market and what issues do they face?
  • The Insurance Market's increasing relationship with the Legal Profession
  • Proposal form, Cover note, Wording, Slip
  • Liability Insurance Policies
  • Accident and Sickness Insurance
  • Automobile Insurance – The Policy and Statutory Conditions
  • Features peculiar to insurance
  • Critical insurance contract terms and their meaning
  • Premiums
  • Timing issues
  • Causation of loss and its many problems
  • Making the claim - what to do and not to do
  • Measurement of the loss?
  • Issues arising from claims handling
  • What happens if cover is refused?

 

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.

 

DATE:

1ST BATCH                        8th – 11th Mar, 2022

2ND BATCH                       12th – 15th July, 2022

3RD BATCH                       8th – 11th Nov, 2022

Other Dates

Start Date End Date
12 Jul, 2022 15 Jul, 2022
Start Date End Date
08 Nov, 2022 11 Nov, 2022
Start Date End Date
08 Mar, 2022 11 Mar, 2022
  • Venue

    Alpha Partners Professional Training Conference Centre. 200, Muritala Mohammed Way (3rd Floor), Yaba Lagos.

Share this course