CPD / CIP Points = 1.5
Estimated Duration = 1 Hour 30 Minutes
The Policy Renewal Process | Practical Module (Recommended Pre-requisite “The Policy Renewal Process”)
Key learning outcomes:
The Policy Renewal Process | Practical Module module’s learning outcomes relate closely to the learning outcomes of The Policy Renewal Process module. However, as the name suggests, this module concentrates on putting the theoretical content learned in The Policy Renewal Process into a practical framework, whereby learners physically compare a variety of documents such as proposal forms, expiring policy covers and quotes. These detailed analyses, along with the group discussions that follow them, and the learnings attained from the previous module, vastly expand the learners’ insight into the renewal process. This enhanced awareness further reduces the potential for errors and omissions, and importantly, also contributes to higher service standards and superior advice to broker clients. The underlying theme of this practical training is building learner professionalism with clients and insurers alike.
There will be a short break in the middle of the unit.
Once this module is completed, the learner will have a strong understanding of not only The Policy Renewal Process, but also the practical nature of parts of that process. They will also be more capable of comparing a variety of documents and identifying important client-related changes and / or coverage changes in those documents.
© Oren Jacobi