CPD WEBINAR: The problems of under insurance in Personal Lines insurance products

This webinar presented by Alan Chandler one of the UK's most popular insurance trainers, examines the challenge of making sure personal lines policyholders avoid under insurance.

Where the insured has to provide a building sum insured, only 10% of policyholders in the UK get this correct, we can therefore see there is a major issue of under insurance.

The session will look at what needs to be taken into account in respect of setting the correct buildings and contents sums insured, including personal possessions away from the home.

The webinar will then explore the consequences for the policyholder for failing to insure adequately.

Learning objectives:

At the end of the session members will be able to:

• Understand what needs to be taken into account when setting a household building sum insured.
• Understand what needs to be taken into account in respect of contents sums insured including personal possessions away from the home.
• Understand how under insurance can occur and the consequences of this for the policyholder.

Housekeeping

This webinar will be recorded but only made available afterwards to those who pre-book. The Zoom link for members to join the session will be sent out 48 hours beforehand. Please do not share the link. Please direct any questions to Education Lead simon.mcgill@ecclesiastical.com