Curriculum
Course:
Principles and Practice of Insurance
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Curriculum
Principles and Practice of Insurance
Module 1: Understanding Risk & Its Management
0/7
What is Risk
5m
Preview
Making Risk Insurable
6m
Preview
Perils, Hazards & Proximate Cause
6m
Preview
Introduction to Risk Management
6m
Preview
Risk Management Process
6m
Preview
Module 1 Quiz: Understanding Risk & Its Management
12 questions
Module 1 Summary: Understanding Risk & Its Management
10m
Module 2: How Insurance Works: The Mechanism & Its Role
0/6
The Core Insurance Concept: Pooling & Spreading Risk
4m
Functions of Insurance: Primary & Secondary
4.5m
Broad Categories of Insurance in Canada
4.5m
Insurance and the Economy Society
4.5m
Module 2 Quiz: How Insurance Works
10 questions
Module 2 Summary: How Insurance Works
Text lesson
Module 3: The Insurance Contract: Legal Foundations
0/6
Insurance as a Contract
5m
Contract Requirements in Quebec
4.5m
Unique Insurance Contract Elements: Insurable Interest
4.5m
Unique Insurance Contract Elements: Utmost Good Faith
4.5m
Module 3 Quiz: The Insurance Contract
12 questions
Module 3 Summary: The Insurance Contract
10m
Module 4: The Principle of Indemnity
0/6
Understanding Indemnity
3m
Calculating Indemnity ACV vs. Replacement Cost
4.5m
Other Indemnity Considerations Valued Policies & Guaranteed Replacement Cost
4m
Principles Supporting Indemnity: Subrogation & Contribution
6m
Module 4 Quiz: The Principle of Indemnity
10 questions
Module 4 Summary: The Principle of Indemnity
10m
Module 5: The Insurance Policy: Documents & Structure
0/5
Forms of Insurance Contracts
5m
Anatomy of a Policy: Key Sections
6m
Policy Lifecycle: Assignment, Termination & Renewal
6m
Module 5 Quiz: The Insurance Policy
10 questions
Module 5 Summary: The Insurance Policy: Documents & Structure
10m
Module 6: The Insurance Marketplace: Providers & Regulation
0/4
Types of Insurers
5.5m
Insurer Financial Health & Reinsurance
7m
Government Regulation: Why & How?
4.5m
Key Regulatory Elements
6m
Module 7: Delivering Insurance: Sales, Distribution & Intermediaries
0/5
Distribution Channels
5m
The Role of Intermediaries: Agents & Brokers
5.5m
The Intermediary-Client Relationship
6.5m
Regulation of Intermediaries
5m
Handling Client Funds: Trust & Operating Accounts
4.5m
Module 8: Underwriting & Rating: Assessing Risk & Setting Premiums
0/4
The Application Process
6m
Introduction to Underwriting
6m
The Ratemaking Process
6m
Underwriting Considerations & Examples
6m
Module 9: The Claims Process: Handling Losses
0/5
Introduction to Claims
5m
Key Claims Terminology
6.5m
Steps in the Claims Journey
7m
Roles in Claims Handling
6m
Professionalism in Claims
6m
Module 10: The Wider Insurance World: Industry & The Customer
0/2
Key Industry Organizations
5m
Elements of Good Client Service
6m
Video lesson
Perils, Hazards & Proximate Cause
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