Motor Insurance – Introduction
- 6 CPD Hours
- Introduction Level
- Online or Face-to-Face Workshop
Summary
This introduction to motor insurance training workshop is designed for individuals who are dealing with motor insurance for the first time or who have only recently been introduced to the subject.
Our introduction to motor insurance training workshop covers the legal aspects of motor insurance as well as the basics of underwriting and policy cover.
Course Content
- An examination of the reasons why a motor trader needs a special type of motor insurance policy
- A review of the law relating to motor insurance with particular reference to the MID
- How the different types of road risks policies are rated and an examination of the relevant underwriting factors
- An in depth analysis of road risks cover and extensions including a comparison of market policy wordings
- A summary of the non-motor covers and how these are adapted to suit the motor traders’ needs.
Learning Objectives
- List the reasons why a motor trader needs special treatment for motor insurance risks
- Explain a motor trader’s obligations under the MID
- List trades which require motor trade insurance and the reasons
- Describe the various rating methods, including named driver, points basis and fleet rating
- Describe the types of underwriting information required to assess a motor trade risk
- Summarise the respective covers under road risks and non-motor policies issued to motor traders
- Give examples of how of risk management methods can be used in the risk assessment process.
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.