Online CPD Event - Introduction to Insurance by Sarah Godfrey
About the course
This course provides an introductory overview of the principle of risk transfer, the features of insurable risk, the different types of insurance available in the UK insurance market and the make-up of the Lloyd's and London Insurance Market.
The course will be highly interactive with delegate participation and engagement throughout. The webinar is delivered by a Certified Online Learning Facilitator - Sarah Godfrey.
Who should attend?
This course has been designed for delegates with limited knowledge of insurance and the UK Insurance Market.
Learning Objectives
1. Understanding Risk
- Key components of risk
- Categories of risk
- Risk transfer and the role of reinsurance
2. Why insure?
- Functions of insurance
- Benefits of insurance
3. Legal principles
- Insurable interest
- Utmost good faith
- Indemnity
4. The insurance market
- Market overview
- The role of the regulator
- The role of Lloyd's & the London insurance market
5. General Insurance
- Personal lines
- Commercial lines
- Wholesale
6. Life assurance / Long-term savings products / Pensions
- Types of life policy
- Term policies
- Endowment policies
- Whole of life policies
- Other long-term savings products
- Pension products
7. Medical policies
- Critical illness
- IPI policies
- Other medical policies
Venue
- Online
CII Accredited
This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.
3 1/2 hours' CPD can be claimed for this event if relevant to your learning and development needs.
It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at www.cii.co.uk/cpd.