This course provides an overview of commercial packages. It offers a review of the way commercial insurance package business is provided to the market and administered.
What you will learn
At the end of this course you will be able to:
- Understand the benefits of a package policy approach
- Identify how customers could benefit from commercial insurance packages
- Describe the main underwriting and rating of commercial insurance packages
- Understand the usual policy structure and the variations which might be needed
- Understand the policy cover, conditions and exclusions of commercial insurance packages
- Be aware of the main considerations with commercial insurance claims.