CII – IF3 Insurance Underwriting Process Course

This course is about providing an insight into the laws which underpin the operations of insurance; demonstrate a knowledge and understanding of the laws which form a background to the operation of insurance; demonstrate a knowledge and understanding of the system within which these laws operates and administered; apply knowledge and skills to practical situations.

1,015.30.د.ب


Description

IF3 Insurance Underwriting Process Course

SUMMARY

The Course is considered as one of the main topics required by employees operating in the insurance sector. It provides knowledge and understanding of the role of underwriting including identification, assessment and acceptance of risk, rating and relevant financial factors.

LEARNING OUTCOMES

Upon completion of the course, trainees will be expected to:
• Develop better Understanding about the material facts/ circumstances related to the insurance underwriting process.
• To assist the learner in comprehensive understanding about insurance policies in relation to the insurance underwriting process
• To help the learner Understand renewals and cancellation in relation to the insurance underwriting process
• To enhance the learner Understanding about personal insurances in relation to the insurance underwriting process
• To assist the learner to better Understand commercial insurances in relation to the insurance underwriting process.
• To develop comprehensive Understanding about underwriting considerations in relation to the insurance underwriting process
• To assist the learner to develop an in-depth Understanding about the principles and practices of pricing

TOPICS COVERED

• Material facts
• Underwriting Procedures
• Insurance Policies
• Renewals and cancellation
• Insurance Product: Personal Insurance
• Insurance Product: Commercial Insurances
• Related services
• Underwriting considerations

ASSESSMENT AND CERTIFICATION

• 2-hour exam
• 75 multiple choice questions (online examination)
Upon completion, trainees will receive a Certificate of Completion from The Chartered Insurance Institute (CII).

TARGET AUDIENCE

• All the employees who are working in insurance sector and for the unemployed people who wish to work in this industry.
• Insurance practitioners at the start of their career or seeking to build on existing knowledge through formal study.

DURATION

25 Training Hours

PREREQUISITES

Trainees should have:
• Basic understanding of Insurance Underwriting Process.
• Good command of the English language.

Additional information

Types of certificaitons

Course Level

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Specialization

Training Style