Property is a wide ranging subject within the insurance market and covers everything tangible that a policy holder values.
This course takes a deep dive into the world of land and property (buildings). We will be looking at the different types of property that can be insured together with the legal and moral obligations of landlords and tenants with the legislation relating to being an owner or landlord of property.
We will also look into the policy wording of property & let property insurance, what will be covered; excluded and the
conditions, warranties & endorsements that may be applied.
The course will also cover the underwriters’ role and how they may approach a property risk and the different options available to the proposer regarding the sum insured.
We will then look at how claims may be settled, the options open to the claims handler and the people involved in settling the claim.
This course is ideally suited to those who have experience within the commercial property industry but would like to learn more.
What we will cover
- Property types
- Basis of SI
- Setting the SI
- Policy wordings
- Underwriter considerations
- Legislation relating to property owners
- Settling the claim