Title |
MII Basic Course in Fire Insurance |
Date |
5 – 6 September, 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 and their application to Fire insurance
- describe the provisions under the Revised Fire Tariff and those relate to FEA Discounts, Construction and Town Classifications
- explain the scope of cover provided and the policy structure of a standard Fire Insurance Policy
- identify underwriting considerations, rating factors and calculate premium
- understand the claims procedures and the related documentation
|
Course Content |
- Application of principles of insurance to Fire
- Objective and structure of the Revised Fire Tariff
- Policy structure, Scope of Cover
- Risks Covered
- Exclusions & Conditions
- Scope of Cover
- Common extensions and clauses
- Reinstatement Value Clause
- Market Value Clause
- Escalation Clause
- Removal of Debris Clause
- Temporary removal of insured properties
- Contract Price Clause
- Declaration policy
- Floating policy
- Buildings in the course of construction
- Rent insurance
- Houseowner/Householder insurance
- Industrial all risks
- Underwriting and rating factors
|
