
A plain English overview of understanding an insurance policy wording
This one-hour webinar, presented by Alan Chandler one of the most popular presenters in the UK, looks to provide a plain English walk through what makes up an insurance policy wording.
One of the learnings of the Bi and Covid-19 court battles is the fact that you ignore the construction of policy wordings at your peril.
All brokers, underwriters and claims staff should have a good grasp of the component parts of an insurance policy wording and this presentation will provide this understanding.
Learning Objectives
Delegates will be able understand:
• How policy wordings are set up and what contract law takes into account in respect of the interpretation of wordings.
• How the law views insurance policy exclusions, conditions, and warranties.
• How the Consumer Rights Act and Unfair Contract Terms Act respond in respect of exclusions, conditions, and warranties.
• What is the difference between joint and composite insured and why an underwriter must be careful covering the latter.
• How to use policy wordings to control exposure.
Venue
