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General Insurance Master Series (Module #3) - File & Use Regulations


Ed-Next (Consult +)

Summary

Price
£18 inc VAT
Study method
Online, self-paced
Duration
4 Hours
Qualification
No formal qualification
Additional info
  • Certificate of completion available and is included in the price

1 student purchased this course

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Overview

In this module of General Insurance Master Series, You will be learning in this about goals of regulatory supervision of insurance business, duties, powers and functions of IRDAI, Guidelines on file and use requirements for general insurance products, filing of insurance products, IRDA’s right to question terms and issue directions and forms of filing (A to D) etcGeneral Insurance Underwriting aims at familiarizing with the concepts of principles, practices & procedures adopted by insurers in underwriting all classes of non-life insurance. This course will train learners of General insurance with underwriting skills like risk assessment in general insurance products.
Through this course you will be learning about files & use of regulations & procedures, files & use with applications and protection of policyholder’s interest. You will be learning in this about goals of regulatory supervision of insurance business, duties, powers and functions of IRDAI, Guidelines on file and use requirements for general insurance products, filing of insurance products, IRDA’s right to question terms and issue directions and forms of filing (A to D), board approval of underwriting policy, Responsibility of compliance, and many more other concepts.

Description

In this module of General Insurance Master Series, You will be learning in this about goals of regulatory supervision of insurance business, duties, powers and functions of IRDAI, Guidelines on file and use requirements for general insurance products, filing of insurance products, IRDA’s right to question terms and issue directions and forms of filing (A to D) etcGeneral Insurance Underwriting aims at familiarizing with the concepts of principles, practices & procedures adopted by insurers in underwriting all classes of non-life insurance. This course will train learners of General insurance with underwriting skills like risk assessment in general insurance products.
Through this course you will be learning about files & use of regulations & procedures, files & use with applications and protection of policyholder’s interest. You will be learning in this about goals of regulatory supervision of insurance business, duties, powers and functions of IRDAI, Guidelines on file and use requirements for general insurance products, filing of insurance products, IRDA’s right to question terms and issue directions and forms of filing (A to D), board approval of underwriting policy, Responsibility of compliance, and many more other concepts.

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Study method describes the format in which the course will be delivered. At reed.co.uk courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

What are CPD hours/points?

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on reed.co.uk, many of which can be completed online.

What is a ‘regulated qualification’?

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

What is an ‘endorsed’ course?

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body’s logo if they wish. Certain awarding bodies - such as ABC Awards and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.

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