This course is designed for those who need a strong foundation in insurance. The information in this course is designed to prepare the participants to understand the concept of insurance, and from the concept, the student can build a strong foundation in this field. This course is part 1 of the fundamentals of insurance, and to attend this course, students do not need any previous experience; this course is the first step in the journey to learn about insurance.
Any following insurance courses require this course.
Note: This course splits into multiple parts designed to put students on the right track in their insurance career. This course is the base of the concept of insurance.
Targeted Audience:
This course is suitable for:
-
Students.
-
Job seekers.
-
Working in insurance.
-
Secretary.
-
Call center agent.
-
Sales staff.
-
Underwriting beginners.
-
Claim personnel beginners.
Course Requirement:
This course does not require any previous experience or previous knowledge.
Course Objectives:
Understand the fundamentals of insurance, risk awareness, risk assessment, meaning of the word risk, risk definitions, type of risk attitude, risk management and risk management functions, type of risk control, insurance, classification of risk, and principles of insurance.
Course Instructor:
Name: Bassel Zeidan
Profession: General Insurance Specialist for Dubai-based insurance companies.
Years of experience: 10 years
Coaching and training experience: 6 years
Certifications and memberships:
-
Chartered insurance institute member and certified insurance professional
Introduction
Introduction
Targeted Audience
Course Requirements
Course Objectives
CHAPTER 1: FUNDAMENTALS OF INSURANCE
Chapter 1: Fundamentals of Insurance
What are the Fundamentals
Overview on the Learning Process
The Road for Understanding the Fundamentals
CHAPTER 2: RISK AWARENESS AND RISK ASSESSMENT
Chapter 2: Risk Awareness and Risk Assessment
How do we become Aware of a Risk?
Risk Awareness and Assessment Examples
Risk Levels
Multiple Choice Quiz
CHAPTER 3: MEANING OF THE WORD RISK
Chapter 3: Meaning of the Word Risk
What the Word Risk Means to You
Risk Examples
General Definition of the Word Risk
Multiple Choice Quiz
CHAPTER 4: RISK DEFINITIONS
Chapter 3: Risk Definitions
How Insurance Professional Define the Risk
Multiple Choice Quiz
CHAPTER 5: TYPES OF RISK ATTITUDES
Chapter 5: Types of Risk attitudes
o Risk Seekers
o Risk Averse
o Risk Attitude Curve
o Attitude and Clients
Multiple Choice Quiz
CHAPTER 6: RISK MANAGEMENT
Chapter 6: Risk Management
o Definition of Risk Management
o Benefits of Risk Management
o Risk Management Tasks
Multiple Choice Quiz
CHAPTER 7: RISK MANAGEMENT TASKS
Chapter 7: Risk Management Tasks
o Risk Identification
o Risk Analysis
o Risk Control
o Risk Management Process
Multiple Choice Quiz
CHAPTER 8: TYPE OF RISK CONTROLS
Chapter 8: Type of Risk Controls
o The Physical Control
o The Financial Control
o The Educational control
Multiple Choice Quiz
CHAPTER 9: INSURANCE
Chapter 4: Insurance
o Risk Examples
o How Insurance Works
o Insurance Definition
Multiple Choice Quiz
CHAPTER 10: CLASSIFICATIONS OF RISK
Chapter 10: Classifications of Risk
o Financial and Non-Financial Risks
o Pure Risk and Speculative Risks
o Fundamental Risk and Particular Risks
Multiple Choice Quiz
CHAPTER 11: PRINCIPALS OF INSURANCE
Chapter 11: Principals of Insurance
o Principle of Insurable Interest
o Principle of Utmost Good Faith
o Principle of Proximate Cause
o Principle of Indemnity
o Principle of Contribution
o Principle of Subrogation
o Principle of Loss Minimization
Multiple Choice Quiz
Social Network