Objective
This course is designed to help insurance practitioners to identify and understand up-to-date the principle of policy interpretation with its application to techniques of policy drafting to cope with the rapid changing client demand and market practices, particularly to any new prevailing policy wordings.
Content
-.Policy Interpretation differences;
-.Extensions of Cover;
-.New Exclusions found in the Market;
-.Explain the different forms and documents commonly adopted in insurance policies;
-.Discuss the importance of the Proposal Form;
-.Discuss the Principle of Utmost Good Faith;
-.Discuss the importance to cancel the Policy.
-.The Principle in Insurance Rating;
-.The Rating Method in Insurance policies;
-.Different Underwriting Considerations;
-.Different Underwriting Options in Insurance policies.
