DESCRIPTION
This module examines the technical aspects of property insurance throughout its lifecycle and the impact that it has on claims.
Delegates will understand the implications of property insurance, including the involvement of professionals throughout the claims journey and how insurers protect the insured to ensure a fair claims settlement.
Finally, delegates will determine common extensions and exclusions that can be found under a typical property insurance policy.
OBJECTIVES
- Recognise the risk associated with various types of properties to determine the impact of a claim
- Recognise the implications of under insurance
- Determine how insurers combat inflation throughout the policy lifecycle
- Explain common conditions that can be found on a property insurance policy
