CPD / CIP Points = 2.5
Estimated Duration = 2.5 Hours
Management Liability | Level 1 (Recommended Pre-requisite “Claims Made Policies”)
Key learning outcomes:
The Management Liability | Level 1 module’s key learning outcomes initially outline what this product covers, what triggers the policy coverage and who the policy covers. This includes a detailed explanation of Directors’ & Officers’ Liability. Several claim scenarios follow. A meaningful amount of time is then spent going through a Management Liability policy wording, so participants have a solid understanding of the fundamentals of that policy, including the importance of “entity cover”. An analysis of the Management Liability policy schedule follows. Elements to look out for between different policy wordings are then examined. Association Liability, a Management Liability product derivative, is then explored. The module concludes by briefly examining the Management Liability sales process.
There will be a short break in the middle of the unit. There are interactive exercises and progress checks throughout the module. A 12-question test is completed at the end of the session or post-session via a link.
Once this module is completed, the learner will have a solid understanding of Management Liability.
