Level: Intermediate
Why you need this learning module:
After completing this learning module, you’ll be able to evaluate the effectiveness of the processes your organization uses when purchasing insurance.
Upon successful completion of this learning module, you should be able to:
- Describe the six steps in purchasing insurance and other risk financing services.
- Explain the marketing considerations for risk financing plans.
- Describe the types, roles, required characteristics, and compensation of risk financing plan intermediaries.
- Describe the opportunities for unbundling the services that are part of an insurance package.
- Explain how to evaluate proposal responses, including:
- Services offered
- Financial stability of insurers
- Costs
- Describe the legal principles of insurance contracts.
Cost: $20 per Professional Development Hour (PDH). Information on Professional Development Hours (PDH) provided can be found here.
Purchasing Insurance and Other Risk Financing Services Topics Include:
- The six steps in purchasing insurance and other risk financing services
- Marketing considerations for risk financing plans
- Types, roles, required characteristics, and compensation of risk financing plan intermediaries
- Opportunities for unbundling the services that are part of an insurance package
- How to evaluate proposal responses, including services offered, financial stability of insurers, and costs
- Legal principles of insurance contracts
Additional Course Resource
Additional Knowledge Solutions
E-mail: customerservice@TheInstitutes.org
Phone: (800) 644-2101
Fax: (610) 640-9576
Mail: AICPCU/IIA
720 Providence Road
Suite 100
Malvern, PA 19355-3433
Customer Service hours are Monday through Friday, 8:00 a.m. to 6:00 p.m. eastern time.
