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How to Read an Insurance Policy for Financial Institutions
Daniel Cotter

Learn the common components of insurance policies and special considerations you should take into account to help you understand your coverage and identify risk areas before a problem arises

Price: $299.00

Date / Time

Venue

This is a virtual event, accessible online and over the phone. Access instructions will be provided after registration.
How to Read Insurance

Despite the near ubiquity of insurance in modern commerce and business management, an alarming number of financial institution professionals – even in risk management and legal departments – have very little understanding of how their insurance policies work, or what they may or may not cover should a loss occur. The law in virtually every state holds that a policyholder is assumed to have read, understood, and agreed to all of the terms of every policy it buys. Realistically, that almost never happens. Although each policy is different, the vast majority of commercial insurance policies share the same anatomy. Given what is at stake should a policyholder face a loss, it is critical that attorneys, risk management professionals, and business owners understand the components of their policies to ensure that they are adequately covered or identify areas of risk exposure.

Please join Daniel Cotter as he discusses the common components of insurance policies and special considerations you should take into account to help you understand your coverage and identify risk areas before a problem arises.

WHAT YOU WILL LEARN

The program will:

  • Discuss certain practical limitations and obstacles in insurance contract formation
  • Explain the basic language of insurance policies
  • Break down a policy into its essential elements common to all policies
  • Describe how each component serves the policy as a whole
  • Address special issues including endorsements, riders, certificates and renewals
  • Highlight the “hidden” terms of insurance policies
Price: $299.00

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PRESENTER

Daniel Cotter

WHAT'S INCLUDED

  • Access your training anywhere, with a computer, tablet or smartphone.
  • Engaging and up-to-date training to support your career and your organization.
  • Handouts you can distribute to your board and staff.