DESCRIPTION
This course will explore the requirements of motor insurance and the different levels of cover available to commercial and personal customers, and provide an insight into the marketplace for this class of business.
We with then spend time identifying some of the key rating and underwriting factors to consider, along with the construction of a motor policy wording.
The final segment of the session focuses on the key areas of applicable legislation and regulation and how to relate this to motor insurance.
OBJECTIVES
- Understand the covers of a motor insurance policy
- Recognise underwriting considerations of private and commercial vehicle policies
- Identify the risk management provisions available to a motor policy holder
- Explain common exclusions
