Title |
MII Basic Course in Business Interruption Insurance |
Date |
12 – 13 March, 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 applicable to Business Interruption Insurance
- understand the policy structure and scope of cover under the policy
- identify the underwriting considerations and rating factors
- understand the claims procedures and the related documents involved
|
Course Content |
Session 1
- Application of Principles of Insurance to Business Interruption Insurance
- Revised Fire Tariff considerations
Session 2
- Business Interruption Insurance
- Policy structure
- The sum insured
- Indemnity period
- The standard perils
- Special perils
- Losses not covered
- Conditions
- Material damage warranty
- Limited consequential loss cover
- additional cost of working
Session 3
- Underwriting and rating factors
Session 4
- Overview of claims handling
|
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