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33 - INS - Insurance
INS 101 - Insurance Fields, Claims, Disputes and Settlements
Code | Start Date | Duration | Venue | |
---|---|---|---|---|
INS 101 | 07 October 2024 | 5 Days | Istanbul | Registration Form Link |
INS 101 | 11 November 2024 | 5 Days | Istanbul | Registration Form Link |
INS 101 | 16 December 2024 | 5 Days | Istanbul | Registration Form Link |
Course Description
This course provides a general overview of insurance principles, beginning with frequently used terms and their definitions as used in the industry. As the course develops, it illustrates the insurance process and its need and then grows into a manual of sorts, guiding the reader through the various mechanics, the type of insurance products available and the applicability in different situations, illustrating with examples wherever possible.Insurance claims, disputes and settlements will be also discussed.
Course Objectives
- Differentiating between insurance, insured and insurer
- Understanding the concept of premium
- Understanding the similarities between risk transfer mechanisms and insurance
- Being familiar with key concepts/terms used in relation to insurance
- Learning the mechanics of insurance
- Understanding the mechanics of Life Insurance, its need and importance
- Differentiating between the various types of insurance companies
- Understanding the concepts of Whole Life Insurance, Joint Life Insurance etc
- Identifying the various types of Permanent Insurance
- Explaining Insurance claims, disputes and settlements
Who Should Attend?
- Insurance Professionals
- Employers
- Human Resource Professionals
- Managers
- Financial & Accounting Professionals
Course Details/Schedule
Day 1
- Definition of Insurance
- Parties to the Insurance contract
- Nature of Insurance contract
- Life insurance
- Health insurance
Day 2
- Insurable interest
- The making of insurance contract
- The proposal form
- The principle of good faith
- Long-term care insurance
- Disability insurance
Day 3
- Non-disclosure
- Misrepresentation
- The premiums
- The policy
- Property and casualty
Day 4
- Insurance disputes
- The claim
- The settlement of claim
- Personal property insurance
- Fire insurance
- Automobile insurance
Day 5
- Agency in insurance transactions
- Insurance fraud
- Group insurance
- Commercial general liability
- Principles of risk management
- Principles of reinsurance