Insurance Training and Development Courses

Insurance Training and Development Courses

Gain New Insurance Skills!

Insurance provides protection from possible risks ranging from auto accidents to property damage to illnesses and more. Insurance is a vital component of the business world and crucial to people everywhere. 

Search from our course list below to find the insurance course that best fits your needs. Once you have found a few options, send an information request and you will be contacted directly by the training providers. 

Search results
Displaying 1-12 of 12 results
Basic Principles of Environmental Insurance
Lorman Education Services
1.5 hours
219 USD
Online
Do you have the appropriate coverage with your environmental insurance? Uncertain and potentially costly environmental risks present difficult obstacles for...
Common Pitfalls of Certificates of Insurance
Lorman Education Services
1.5 hours
199 USD
Online
Learn how to avoid the common pitfalls of certificates of insurance. You may require certificates of insurance from vendors or...
Understanding Insurance Financial Statements
Fitch Learning
2 days
2,200 USD
New York City
Throughout this program delegates will make use of case studies, exercises and live examples in order to solidify insurance financial...
Appealing to Insurance Carriers for Optimal Payment Results
Lorman Education Services
1.5 hours
219 USD
Online
Learn tips and tricks to appeal to insurance payers and get your claims paid every time. This topic will teach...
Health Insurance 101: An Orientation
AHIP
Flexible
100 USD
Online
Students of this e learning  Health Insurance 101: An Orientation  training course will receive a comprehensive overview of the fundamentals...
Long-Term Care Professional Combined Course
AHIP
Flexible
765 USD
Online
Students of this e learning  Long Term Care Professional Combined Training Course  will receive a comprehensive overview of the current...
Disability Part I (Primer)
AHIP
Flexible
255 USD
Online
Your clients, like many people, are probably unaware of the major financial loss that can result from a long term...
Healthcare Management: An Introduction
AHIP
Flexible
255 USD
Online
Providing a comprehensive overview, this course will get you up to speed on the basic concepts of healthcare management and...
Understanding Private Accountable Care Organizations
AHIP
Flexible
150 USD
Online
Students of this e learning  Understanding Private Accountable Care Organizations  training course will receive a comprehensive overview of Affordable Care Organizations...
Understanding Securitization & ABS
Fitch Learning
1 day
1,350 USD
New York City
This 1 day Understanding Securitization & ABS training courses is designed to provide its participants a detailed overview of securitization...
Warning Signals & Lessons Learned in Corporate Credit
Fitch Learning
2 days
2,800 USD
New York City
Throughout this program delegates will make use of case studies, exercises and live examples in order to solidify knowledge of...
Leading and Managing Productive Reviews and Inspections
Corporate Compliance Seminars
16 hours
1,330 USD
Multiple (7)
Through this two day course by Corporate Compliance Seminars, participants will gain an understanding of best practices in reviewing and...
Displaying 1-12 of 12 results
 

More about Insurance Training and Development Courses

Insurance Training and Development CoursesTypes of Insurance

Life consists of many risks, and while some people are more risk adverse than others, many still feel the need to have the majority of their possessions and risks insured. Therefore, there are different categories of insurance to fit each type of risk.

Auto insurance, as implied, is a field of insurance used to protect vehicles from risks ranging from property coverage (physical damage or theft) to medical coverage (cost of any injuries or medical needs incurred during a collision).

Health insurance is quite a common insurance type, and is a largely debated political topic in the United States. Health insurance can be used to cover the risk of high medical expenses incurred when sick or injured. In the United States, many companies offer health insurance policies as a benefit for their employees. In other countries, health insurance may be provided for free.

Life insurance is another common type of insurance that is often bought in order to provide financial assistance to one’s family after their death. This financial assistance can be used to pay for funeral or burial expenses, or for other family matters.

Insurance companies may specialize in one of these forms of insurance, as well as other forms which are not listed. There are also some companies who may provide coverage for a variety of insurance types. Develop your insurance skills or enhance your knowledge about another insurance type! Whichever career you have chosen within insurance, there are training courses available.

Methods of Insurance

Just as there are different types of insurance, there are also different methods in which someone may receive insurance. These methods are listed below:

  • Self-insurance
    • A method of insurance when the risk is solely managed by the individual themselves and not 
      covered by an external party or company
  • Dual insurance
    • A method of insurance involving two or more separate policies for the same risk
  • Co-insurance
    • A method of insurance where the risk is jointly split between two insurers
  • Reinsurance
    • A method of insurance where a risk is either entirely or partially transferred to another insurer

Insurance Claims

An insurance claim is the actual product or service one pays for when they purchase insurance. For example, if someone pays each month for auto insurance, they do not see the benefit until an actual risk occurs, such as a vehicular accident. In these cases, the person would file an insurance claim that they had been in an accident and, depending on the policy, it will be covered by their insurance agency.

Insurance companies must investigate each claim that is made by their clients and determine if the claim is within the limits of the client’s contract. Claims may result in full coverage, partial coverage, or may be denied and receive no coverage for their accident. Many insurance companies have departments dedicated solely to claims.

Additionally, many employees work with fraudulent claims, which are claims that are either exaggerated or entirely fabricated. Insurance fraud is a serious offense and, depending on the severity of the fraudulence, may result in jail time. If you want to find out more about insurance claims or the legislation of fraudulent claims, find an insurance training course or program for you!

Insurability

There are many types of events that could occur, but for an insurance company to take on a case or to provide coverage, the event needs to have a certain extent of ‘insurability’. Insurance companies usually follow a list of common characteristics to decide whether a risk is insurable or not, of which include:

  • Definite loss
  • Accidental or unintentional loss
  • Large loss
  • Calculable loss
  • Affordable premium
  • Limited risk of catastrophically large losses
  • Large number of similar exposure units