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An
Introduction to International Coverages©
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Basic Course -- 1 Credit Hour
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Overview |
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International Insurance Coverage is a
specialty coverage that protects the policyholder against specific claims
and losses outside the United States & Canada. International is a specialty
line of business that incorporate a number of coverages in a portfolio type
policy. These policies are considered non-admitted cover outside the United
States.
This course covers the basic insurance needs for those
companies who export products overseas and/or have employees travel overseas
on business and/or may have limited values overseas (usually less than
$200,000).
Although the course discusses all the available coverages
under international ‘package' or ‘portfolio' policies, it concentrates on
the most important coverages. Property Coverages are discussed, but the
course is skewed towards 3rd party coverages, which is the most
important for these exposures. |
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| Target Audience:
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Insurance Agents,
Insurance Brokers, Insurance Associations, Business Associations,
Underwriters, Claims Personnel, Loss Control Personnel, and Students who are
studying Insurance. |
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Scope of Course: |
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Discuss coverages in the International
Portfolio Policies |
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Understand the triggers of coverage, and |
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Differentiate clearly between standard
domestic covers and international covers |
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Metrics: |
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Identify the company’s international
exposures, |
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Understand the breadth of coverage offered
under these policies, |
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Outline how the business is better able to
protect itself against various liability and Workers’ Compensation
issues, and |
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Discuss non-admitted policies for
protection of various other perils. |
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| Goals:
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Help industry professionals understand an
increasingly important specialty line of business,
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Provide industry professionals with basic
understanding of International Insurance, and
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Have the audience
gain a basic understanding of the international exposures
of their customers who are starting to do business outside the U.S. and
Canada. |
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