R 235

EX. VAT

Matching a client's need to Short-Term Insurance Products

Online


COURSE DESCRIPTION

CPD Accreditation detail:

Professional Body: IOBSA

CPD hour allocation: 2 CPD hours   

CPD Accreditation Number: IOB135


The following topics are covered in this course: 

Determining the client's risk exposure 

  • Gather information from the client by asking relevant questions.
  • Establish insurable interest, previous claims loss history, previous insurance information and the personal financial status of the client.
  • Identify the areas of risk to which the client is exposed.

 Applying underwriting criteria 

  • Compare the types of cover available to the client.
  • Different products that may be considered.
  • Examples of a comparison of multi-peril cover.
  • Examples of a comparison of types of cover.

Determining a commercial client's risk exposure 

  • Gather information from the client by asking relevant questions.
  • Establish insurable interest, previous claims loss history, previous insurance information and the personal financial status of the client.
  • Identify the areas of risk to which the client is exposed.