CPD Webinar: Under Insurance in Household Insurance Products

This one-hour webinar provided by Alan Chandler, Chartered Insurer, will examine the challenge of making sure personal lines policyholders avoid under insurance.

Where the insured has to provide a building sum insured, only 10% of policyholders in the UK get this correct, we can therefore see there is a major issue of under insurance.

Alan will look at what needs to be taken into account in respect of setting the correct buildings and contents sums insured, including personal possessions away from the home and the problems caused by inner limits, which often go under the radar. The webinar will then explore the consequences for the policyholder for failing to insure adequately.

Learning Objectives

By the end of the course, delegates will be able to understand:

• what needs to be taken into account when setting a household building sum insured;
• what needs to be taken into account in respect of contents sums insured including personal possessions away from the home;
• the issues of inner limits and how these often go under the radar;
• how under insurance can occur and the consequences of this for the policyholder.

The Zoom link will be sent to your email address supplied at the time of the booking. Due the restriction of the attendee numbers, please DO NOT share this with anyone else.