DESCRIPTION
This course is designed as an overview of the core principles of Life insurance (assurance). Exploring what the cover is and entails, premium and underwriting considerations, claims factors and legal and regulatory considerations.
It is designed for those who require an introduction to the product or those who require a refresher.
OBJECTIVES
- Understand the core principles of life insurance including its purpose, policy types, and financial significance
- Gain insights into the UK life insurance market
- Understand life insurance underwriting factors, and grasp factors influencing policy pricing and coverage
- Acquire knowledge of regulation around life insurance