Title |
MII Basic Course in Motor Insurance |
Date |
7 – 8 November, 2012 |
Duration |
2 Days |
Level |
Basic |
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 |
- New Entrants
- Insurance Industry Personnel
- Non-insurance personnel whose work require a basic understanding or a practical knowledge of the subject
- Anyone who requires basic knowledge on insurance
|
Key Learning Outcomes |
At the end of the course, participants will
be able to :
- identify the principles of insurance to Motor insurance
- state the laws and regulations relating to Motor insurance - RTA, CBC, ICAM and Motor Tariff
- compare the coverages for the various classes of motor insurance
- identify underwriting factors and calculate premium according to Tariff
- state claims procedures and the related documentation
|
Course Content |
Session 1
- Application of principles of insurance to Motor Insurance
Session 2
- Laws and regulations relating to Motor Insurance
- Road Transport Act 1987
- Insurance Act 1996
- Inter-company Agreement
- Structure of Malaysian Motor Insurance Tariff
- Cash-before-cover
Session 3
- Analysis of Scope of cover, exclusions conditions in respect of
(a) Act only policy
(b) Third party policy
(c) Third party, fire & theft policy
(d) Comprehensive policy
Session 4
- Documentation
- Proposal Forms
- Cover Notes
- Certificates of Insurance
- Policy
- Endorsement
- Renewal Notices
- Claims Documents
Session 5
- Underwriting and rating
- Computation of premium
- No Claims Discounts
- Short period rates
- Fleet rating
- Vehicles laid up
- Compulsory excess
- Insurance Fraud
- Definition
- Classification of fraud
- Application of Service Tax
Session 6
- Claims procedure and documentation
- third party claims
- damage claims
- theft claims
- Electronic Claims processing
|
