Miscellaneous Insurance refers to contracts of insurance other than those of Life, Fire and Marine insurance.

This course covers different classes of Accident Insurances: mentioned below are few of them

  • Personal Accident Insurance
  • Travel Accident Insurance
  • Fidelity Guarantee Insurance
  • Money Insurance
  • Workmen Compensation Insurance
  • Plate Glass Insurance
  • Burglary Insurance
  • Comprehensive General Liability Insurance
  • Product Liability Insurance
  • Triple B Insurance (For Banks)

Objectives

On successful completion of this course, participants will be able to:

  • Examine the cover provided by pecuniary insurance, in terms of scope of cover and possible extensions
  • Discuss the cover provided by liability insurance policies in terms of scope of cover including potential extensions
  • Apply the cover provided by other miscellaneous policies including travel, theft, glass, livestock, Bankers Blanket Bond (BBB), personal accident in terms of scope of cover and possible extensions
  • Apply risk assessment and underwriting considerations for the above mentioned policies
  • Evaluate the claims considerations and procedures for the above mentioned policies

Target Audience:

  • Insurance employees, Brokers, Agents, Loss Adjusters, Employees who manage insurance in non-insurance companies

Course Structure

  • The course is conducted via a combination of lectures; case studies; role    plays; and videos, where applicable

Program Contents:

  • Historical development of accident insurance
  • Insurance principles affecting accident insurance
  • Medical insurance
  • Fidelity guarantee (with all sub classes)
  • Theft classes
  • All risks / glass / computer all risks
  • Goods in transit / travel / Money
  • Lifeand personal accident (inpidual and group)
  • Workmen’s  compensation
  • Liability / Engineering (limited) plus Industrial / commercial all risks / Office combined
  • Miscellaneous extraneous covers
  • Reinsurance / coinsurance
  • Underwriting, rating and claims aspects

Day Topics to be covered

Topic 1

  • Difference between Personal Lines and Commercial Lines Insurance
  • Potential clients under personal Line insurance as opposed to commercial line insurance
  • Nature of insured risks under each line
  • Claims presentation under each line
  • Cover, underwriting factors, exclusions and extensions of medical insurance
  • pision of medical products based on cover
  • Types of Benefits available under medical insurance policies
  • In Patient Benefits
  • Out Patient Benefits
  • Day Care
  • The Difference between acute and chronic medical conditions
  • Main medical insurance exclusions
  • Excess and coinsurance in medical insurance

Topic 2

  • Cover available under permanent health insurance
  • Risks Insured under permanent health insurance
  • Permanent health insurance benefits
  • Risks covered under fidelity guarantee insurance, exclusions, underwriting factors and related issues
  • Insurable risks under fidelity guarantee insurance
  • Parties in fidelity guarantee policy: The insured, the insurer and the guaranteed person.
  • Arranging fidelity guarantee cover: inpidual, group and floating Polices
  • Discovery period in fidelity guarantee policies
  • Main underwriting factors in fidelity guarantee insurance
  • Cover, underwriting factors, exclusions and extensions and related issues of theft insurance
  • Risks insured under fidelity guarantee insurance
  • The stipulation of forcible and violent entry or exit
  • Possible extensions in theft insurance
  • Main theft insurance exclusions
  • Main underwriting factors in theft insurance.

Topic 3 

  • First loss policy: Cover and uses
  • The concept of first loss policy and its potential uses
  • Sum insured, declared value and premium calculation
  • Claim settlement and insurer’s maximum liability
  • Cover, underwriting factors, exclusions, extensions and related issues of money insurance
  • What is money?
  • Risks covered under money insurance on all risk basis
  • Main exclusions under money insurance
  • Major underwriting factors, warranties and premium calculation
  • Possible extensions in money insurance
  • Banker Blanket Bond Policy (BBB): Cover and application
  • Cover available under BBB policy
  • Main exclusions under BBB policy
  • Insured  of BBB policy
  • Basis of claim settlement
  • Major underwriting factors of BBB policy
  • Cover, underwriting factors, exclusions and related issues of credit insurance
  • Risks Covered under credit insurance
  • Types of credit insurance policies
  • Main credit insurance exclusions
  • Major underwriting factors relevant to credit insurance

Topic 4

  • Cover, underwriting factors, exclusions and related issues of goods in transit insurance
  • Risks Covered under goods in transit insurance
  • Basis of cover under goods in transit insurance: all risks or fire and theft
  • Types of goods in transit insurance policies: Specified vehicle policy  and declaration policy
  • Main exclusions of goods in transit insurance
  • Major underwriting factors relevant to goods in transit insurance
  • Cover, underwriting factors, exclusions and related issues of glass insurance
  • Risks covered under glass insurance
  • Main exclusions of glass insurance
  • Major underwriting factors relevant to glass insurance
  • Cover, underwriting factors, exclusions and related issues of livestock insurance
  • What is livestock?
  • Risks covered under livestock insurance
  • Main exclusions of livestock insurance
  • Major underwriting factors relevant to livestock insurance

Topic 5

  • Cover, underwriting factors, exclusions and related issues of travel insurance
  • Risks covered under travel insurance
  • Possible extensions of travel insurance policy
  • Main exclusions of travel insurance policy
  • Cover, underwriting factors, exclusions and related issues of personal accident insurance
  • Definition of accident and disability
  • Personal accident policy as a benefit policy
  • Risks covered under personal accident insurance
  • Main exclusions of personal accident insurance
  • Main Policies of liability insurance and the cover available under each
  • Definition and elements of negligence
  • Introduction to the cover, exclusions and underwriting factors of:
  • Public liability insurance
  • Personal liability insurance
  • Employer’s liability insurance
  • Product liability insurance
  • Professional indemnity insurance

Qatar has taken significant steps towards creating a modern, knowledge-based economy, as the basis for a stable and sustainable future.

In order to live up to this revelation, We_They was established in 2009 under the auspices of Qatar Financial Centre Authority - QFCA to raise the financial services industry standards and help organizations and professionals achieve their learning and business objectives, thus aligned with Qatar 2030 vision.

We specialize in providing training and developing the financial sector. We believe that such an investment is a key strategy to support a modern, industrialized, knowledge-based economy.

See all Qatar Finance & Business Academy courses

Contact information not available.

Courses you can instantly connect with... Certified Financial Modeler LEORON Professional Development Institute International Certificate in Wealth Management LEORON Professional Development Institute Certified Treasury Professional (CTP) LEORON Professional Development Institute

Is this the right course for you?

Rate our content

Didn't find what you were looking for ?

or