Miscellaneous Accident Insurance Doha

Course details

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