Fundamentals of Insurance
This workshop will discuss the basics of insurance. Attendees will learn insurance terms and concepts, what’s included in a policy and which types are available. The course will detail the different exposures corporations face, how to apply and protect your assets and even breakdown an insurance contract.
In this program we will discuss property, casualty and marine insurances, along with a brief section on government. The workshop will use real world examples and group discussions to better illustrate and help participants understand all the complex components of this varied and broad industry.
WHAT YOU WILL LEARN:
By attending, this workshop you will learn to:
- Review an insurance policy to determine how coverage is applied
- Know how to purchase insurance and which types of insurance are available
- Understand how insurance provides a financial transfer of risk
- Use insurance terms and concepts correctly
- Analyze appropriate coverage for the exposures faced by the organization
- Protect the assets of the organization through the purchase of insurance
WHAT YOU WILL TAKE AWAY:
- Definitions of insurance applications and basic insurance
- Legal principles and contract construction
- Examples of policies, including: casualty, property, workers’ compensation, professional liability, transportation, crime and surety bonding
WHO SHOULD ATTEND:
- New risk professionals
- Claims professionals
- Loss control professionals
- Legal counsel
“I had very little insurance knowledge and this was a great foundation to learn the basics. The real world examples were helpful to understand the different policies.” – Contracts Specialist
We suggest that you register on-line for quick registration. If you are mailing us a check or doing a bank transfer, you need to fax us a copy of the registration form in order to hold your seat in the program. Registration is not guaranteed until we receive payment. If you wish to participate in a RIMS course, the registration fee needs to be received by RIMS before the first day of the course.
If you register by mailing a check or doing a bank transfer, you will be accepted as long as the program is not sold out when we receive your payment.
International Attendee Information/Travel Visas- APPLY EARLY! Visa applicants are advised to apply to the consulate as soon as they decide to attend a program. We suggest at least four months in advance to allow enough time for the visa approval process to take place.
Since registrations will be limited, we suggest registering as soon as possible.
If you have any questions or need additional information, please contact through our online contact form.
Cancellations and Refunds
RIMS reserves the right to cancel a course if conditions warrant. In the event of such a cancellation, registration fees will be refunded. RIMS is not responsible for any travel or lodging expenses that an attendee may incur due to such a cancellation. Before purchasing your airline ticket, please confirm with RIMS (pd@RIMS.org) that there are enough registrations to conduct the program.
All requests for refunds or changes must be submitted in writing. Registrants who cancel 15 business days or less prior to the start of the workshop can send a replacement from their company or receive credit to attend another workshop with the same duration and cost within a year of the cancelled registration. Please note if the member rate was paid for the original registration and you elect to send a replacement or transfer the credit to another employee of your organization who is not a member, an additional fee will be charged to offset the difference between the member and nonmember rate. No refunds will be issued for cancellations less than 15 days from the start of the workshop.