CPD Webinar - How to set correct property sums insured.
The webinar will cover the following:
It is estimated that 90% of policies have incorrect sums insured! This presentation looks at the major issue of under insurance in the UK property market and how to help your clients avoiding the under insurance trap.
The webinar, delivered by Alan Chandler one of the UK's most popular insurance presenters, will look at what clients actually need to take into when settling Buildings, Contents and Stock sums insured. Alan will explore why under insurance is so common , the effects of under insurance for the client and why under insurance is an increasing cause of Professional Indemnity claims against brokers. One of the problems is that the figures on the clients balance sheet are not the same as those required for insurance purposes and Alan will point out the differences so that clients can be warned.
Delegates will be able to:
Understand what needs to be taken into account in respect of Buildings, Contents and Stock Sums Insured
Understand why there is a difference between the figures for accounting purposes and the figures for insurance purposes
Understand the effects of under insurance for clients and how to aid them in mitigate their exposure to under insurance
This webinar will be delivered via the Zoom platform. Joining instructions will be issued to delegates prior to the event starting. Delegates will need to register before 12 noon on 22.07.2020 in order to receive joining instructions in advance. Should you have any queries please email email@example.com
If you know of any other member of the Insurance Institute of Leicester who would like to attend but has not received the invitation, please ask them to update their CII Communication Preferences at https://www.cii.co.uk/membership/updating-your-preferences/
This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.
1 hour's CPD can be claimed for this event if relevant to your learning and development needs.
It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at www.cii.co.uk/cpd.