Title |
MII Technical Course in Motor Insurance |
Date |
23 – 24 April, 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 Motor 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 :
- identify the important areas of RTA, CBC ruling and ICAM in motor underwriting
- compare the coverages for the various classes of motor insurance
- identify underwriting factors
- rate premium according to tariff
|
Course Content |
Session 1
- Laws and regulations relating to Motor Insurance
- Road Transport Act 1987
- Insurance Act - cash before cover
- Inter-Company Agreement
Session 2
- 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 3
- General Regulations of Malaysian Motor Tariff
Session 4
- Underwriting factors
- Scrutiny of proposals
- Assessment of moral and physical hazards
- Underwriting control
- Fraud indicator related to Motor Insurance
Session 5
- Rating under Malaysian Motor Tariff
- Value of the vehicle
- No Claim discount
- Short period rates
- Computation of premiums
- Fleeting rating
- Vehicles laid up
- Compulsory excess
Session 6
- Documentation
- Cover notes, certificates, renewal documents
- Policy drafting
- Endorsements
Session 7
- Overall Portfolio Analysis
Session 8
|
