Short-Term Insurance (Commercial Lines)

Learners will gain sufficient knowledge and understanding of specific short-term insurance policies to render financial services adequately.

The course will provide learners with enough knowledge to determine the appropriateness of a product in terms of the client’s specific needs.

• Accident and health policy
• Liability policy
• Miscellaneous policy
• Motor policy
• Property policy
• Transportation policy
• Short-term reinsurance policy

Learning Objective:

• the range of financial products in short-term insurance: Personal Lines
• the general characteristics, terms and features of specific short-term insurance products
• the fee structures, charges and other costs associated with these specific products
• general risks associated with  purchasing one of the short-term insurance products
• the typical role players in the short-term industry
• the impact of applicable legislation
• the inter-relationship between short-term insurance and other classes of business
• industry standards and codes