Contract Wording
Certificate in Contract Wording
Units for Contract Wording
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Learn more about the Contract Wording
Contract certainty continues to be one of the major issues facing the insurance industry, especially within Lloyd’s and the London Market.
Great strides have been made since the FSA first highlighted the subject in 2004, stating its dissatisfaction with the ‘deal now, detail later’ approach. Brokers and insurers have done much to ensure they provide clear, comprehensive and fully-agreed policy wordings before inception.
That said, there is no room for complacency. The FSA remains keenly interested in the efficient running of the insurance market, and individuals and organisations must continue to be vigilant as they strive to treat their customers fairly. To help meet this ongoing challenge, the CII has developed the Certificate in Contract Wording. This enhances knowledge of the practical application of wordings and the issues associated with them.
The Certificate in Contract Wording develops your knowledge of the key subjects underpinning contract certainty. To acquire the Certificate, you must study and pass two units from the Diploma in Insurance:
Upon completion, you will be awarded the Certificate in Contract Wording.
