Introduction to Motor Trade Insurance
This interactive course is designed to develop knowledge and skills in this specialist topic. The course provides expert insight and builds in real life examples and practical application to bring the subject to life wherever possible. The duration of each course is typically one day, but this can be tailored to the needs of your group. n this workshop we provide an overview and an update on motor trade insurance from a broking perspective.
Who should attend?
This course has been designed for delegates with no previous involvement in Motor Trade Insurance.
Summary
Duration: 1/2 day
No of attendees: 12-16
Format: Online - Virtual delivery
CPD: Recognised
Topics Covered
The course takes a practical and thought provoking look at:
- Primary risks associated with Motor Trade businesses
- An examination of the reasons why a motor trader needs a special type of motor insurance policy
- A review of the law relating to motor insurance with particular reference to the Motor Insurance Database
- Policy wordings and conditions and exclusions
- Popular policy extensions
- How the different types of Motor Trade Insurance are rated and an examination of the relevant underwriting factor
Learning outcomes
By the end of the course the delegates will be able to:
- Describe the types of commercial vehicles and the risks associated with each
- Identify the key risks associated with Motor Trade businesses
- Describe the main aspects of Motor Trade Insurance
- Explain the structure and usual content of insurance policy wordings, including popular extensions
- State how the Motor Insurance Database impacts on Motor Trade businesses
- Explain a motor trader’s obligations under the Motor Insurance Database
- Outline the key underwriting and rating considerations for Motor Trade Insurance
To discuss this course or your learning needs
Your CII Relationship Manager would be delighted to explore your learning needs and can draw on the expertise within the CII Learning Solutions team to support you further.
Please speak with your Relationship manager in the first instance or contact business.enquiries@cii.co.uk for more information.