PDI - Marine and Aviation Insurance (此课程内容只提供英文版本)
Tel: 2836 1863
Email: johntsang@vtc.edu.hk Mr. Arvin Lau (Programme Secretary)
Tel: 2919 1429
Email: arvinlau@vtc.edu.hk Fax: 2891 5707
(此课程内容只提供英文版本)
Learning Outcomes
On completion of the module, students are expected to be able to:
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outline and assess the principal factors involved in the assessment of marine cargo risks according to different business activities;
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define and analyze the scope and the start-to-end practice of principal marine documents and insurance contracts according to the nature of business and the need of the company;
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interpret and perform calculations on insurance matters including underwriting, average loss and claims recoverable according to requirements of the insured and the insurer under different factors of consideration; and
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apply concepts of marine hull risks and basic insurance coverage related to insurance in hull, aviation and space scenarios.
Learning Contents
- Overview of marine insurance
- The need for marine insurance
- Definition of marine insurance contract
- Hong Kong Marine Insurance Ordinance (Marine Insurance Act 1906)
- Marine policy document, Incoterms etc.,
- Types of marine policies
- Subject-matters of marine insurance
- Legal principles as applied to marine insurance and liability
- The marine insurance market, P&I clubs and overseas trade
- Introduction to contracts used for international sale of goods, bills of lading
- Marine Risk assessment and underwriting
- Information and factors for risk assessment and underwriting on hull and cargo insurance
- Underwriting conventional and containerized shipments, bulk cargoes
- Common causes of hull and cargo damage
- Methods of loss prevention and reinsurance
- Marine claims
- Insured and excluded perils
- Types of loss
- Expenses incidental to marine claims
- Documentation for hull and cargo claims
- Roles of organisations relating to marine claims
- Introduction to General Average, York-Antwerp Rules, Hague-Visby Rules, Warsaw Convention
- Introduction to Institute clauses
- Introduction to Institute Clauses, Coverage, Extensions, Exclusions, etc.
- Institute Cargo Clauses (A, B & C)
- Institute Cargo Clauses (Air)
- Institute War Clauses
- Basis of Hull clauses
- Institute Time Clauses (Hulls)
- Institute Yacht Clauses
- Institute Speedboat Clauses
- Fundamentals of aviation insurance
- The aviation insurance market
- Scope of cover for hull policy
- Other kinds of aviation insurance
- Information and factors for risk assessment and underwriting on aviation insurance
- Space (satellite) insurance
Entry Requirements:
- Five HKDSE subjects at Level 2 or above, including English and Chinese Languages with 2 or more years relevant full-time work experience; or
- Five HKCEE subjects at Grade E/Level 2 or above, including English* and Chinese Languages with 3 or more years relevant full-time work experience; or
- Completion of a QF Level 3 programme that is deemed acceptable to the respective Programme Committee; or
- Relevant Recognition of Prior Learning (RPL) qualification(s) at QF Level 3 or above AND a pass in an admission interview; or
- Other relevant verifiable prior learning and/or work experience that is/are deemed appropriate by respective Programme Committee AND a pass in an admission interview.
Continuing Education Fund
The modules of “Professional Diploma in Insurance” (PDI) have been included in the list of reimbursable courses for Continuing Education Fund (CEF) purposes (https://www.wfsfaa.gov.hk/cef). The mother course “Professional Diploma in Insurance” of the modules is recognised under the Qualifications Framework (QF Level 4).
For the modules commenced on or before 31 March 2022 (the 1st module should be commenced on or before the date), CEF claimants would be eligible for fee reimbursement upon their successful completion of any 4 modules selected from PDI (CEF Course Code: 33F11053A), with the fulfilment of both the minimum attendance requirement of 70% AND passing each of the 4 modules at 50% or above.
For the modules commenced on or after 16 August 2022, CEF claimants would be eligible for fee reimbursement upon their successful completion of any one module selected from PDI with the following CEF course codes, with the fulfilment of both the minimum attendance requirement of 70% AND passing the module at 50% or above.
| CEF course code (for the modules commenced after 16 August 2022) | CEF Course Title in English (for the modules commenced after 16 August 2022) |
| 33Z139255 | Marine and Aviation Insurance (Module from Professional Diploma in Insurance) |
| 2026/10/30 | Oct 30 Nov 06, 13, 20, 27 Dec 04, 11, 18 Jan 08, 15 (Every Fri, 18:45 - 21:45) | 立即申请 |