High Net Worth Insurance – Advanced
- 6 CPD Hours
- Advanced Level
- Online or Face-to-Face Workshop
Summary
High Net Worth (HNW) Insurance is continuing to develop as an important market for business development. Our high net worth insurance training workshop outlines what you need to know to get involved.
In this one-day interactive high net worth insurance training workshop, considers in some depth the special features of High Net Worth insurance, compared with not just the standard household market but also Mid Net Worth (MNW) insurance contracts.
Course Content
- The special issues arising that have particular relevance to High Net Worth Insurance eg: valuables; jewellery; fine art; wines; collections etc.
- Outline the considerations and concept of risk management and its application with regard to underwriting and surveys for High Net Worth risks.
- Recognise and understand the importance of professional claims handling for High Net Worth customers.
- Compare High Net Worth policy covers, conditions and exclusions and spend time in study groups analysing various aspects of current contracts.
Learning Objectives
- Define the characteristics of a High Net Worth customer.
- Discuss and consider how the special features of High Net Worth policy wordings impact and amend basic insurance principles in particular Indemnity.
- Understand the potential market for High Net Worth business and its importance in relation to other classes of business.
- Describe the additional covers that are offered under High Net Worth contracts and be aware of the special underwriting considerations attaching to these additional covers.
- Demonstrate an understanding of the special underwriting consideration arising from the wider and more regular features of High Net Worth Risks eg: proposer characteristics; risk location; sums insured etc.
Ready to book?
Simply complete the booking form with your details and a member of our team will be in touch with the next available dates.
Any questions?
If you’re not quite sure if this course is suitable or are looking for further information, call our team on 0117 244 7221.