MII TECHNICAL COURSE
 

Title

MII Technical Course in Fire Insurance - Claims

Date

15 – 16 October, 2012

Duration

2 Days

Level  

Intermediate

Time

9.00 am to 5.00 pm

Venue

The Malaysian Insurance Institute
MII City Centre
S17-S28, 2nd Floor,
Maju Junction Mall
1001 Jalan Sultan Ismail
50250 Kuala Lumpur

Trainer

TBA

Who Should Attend

  • Insurance Industry Personnel who have basic knowledge in Insurance or basic knowledge in Fire Insurance
  • Non– insurance personnel whose work require an understanding or practical knowledge of the subject
  • Anyone who require knowledge on insurance

 

Key Learning Outcomes           

At the end of the course, participants will be able to :

  • describe the general principles and practice of claims handling, claims procedures, claims reserving and claims adjustment in relation to fire insurance
  • appreciate the special features of fire claims   investigation and settlement

Course Content

 

Session 1       

  • Application of principles of insurance to Fire Claims

 
Session 2       

  • Analysis of coverages
    • Standard Fire Policy
    • Scope of Cover – Risks Covered, Exclusions, Conditions, Clauses, endorsements and warranties
  • Special Perils
  • Extensions to the Standard Fire Policy
    • Reinstatement Value Clause
    • Escalation Clause
    • Removal of Debris Clause
    • Architect's and Surveyor's Fees clause
    • Temporary removal of insured properties
    • Contract Price Clause
    • Other extensions

Session 3

  • Other Coverages
    • Building in the course of construction insurance
    • Houseowner/Householder insurance
    • Industrial All Risks Insurance

 

Session 4

  • Claims procedure and documentation
    • Measure of Indemnity and Settlement of Claims

 
Session 5

  • Loss minimization and loss prevention

Session 6

  • Investigation
  • Insurance fraud
    • Definition of fraud
    • Classification of fraud
    • Fraud indicators

 
Session 7

  • Adjuster's Report

 
Session 8

  • Arbitration

 
Session 9

  • Claims Reserving

Category

Course Fee Per Person

 

LOCAL

INTERNATIONAL

 

Single
Registration

Group
Registration

Single
Registration

Group
Registration

MII Member

RM950

RM900 per person

-

-

GTG/FAIR Member

RM950

RM900 per person

USD450

USD400 per person

Non Member/Others

RM1050

RM1000 per person

USD500

USD450 per person


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