Accident and Health Insurance
This course provides an overview of the inclusions and benefits under this kind of insurance. Major issues related to the design, function, management, regulation, and evaluation of accident and health insurance will also be discussed. It comprehensively increases the effectiveness of those who are participating and are involved in this type of insurance.
- Develop awareness of the changes in the insurance industry
- Apply a structured approach to decision-making when transacting with insurance companies
- Appreciate how economic, competitive and regulatory issues impact the risk profile, performance and financial health of an insurance company
The course will utilize lectures with presentations and interactive class discussion. Trainees will also be encouraged to brainstorm ideas during seat works/activities.
- Basis of life insurance products
- Types of Health Insurance Products Available
- Hospitalization Reimbursement
- Critical Illness Insurance Cover
- Specific Disease Covers
- Health Insurance Claims Management
- Group Medical Insurance
- Role of TPAs in healthcare Delivery
- Overseas Travel Insurance (Terms, Exclusions, Conditions, Benefits Ranges)
- Frequent Traveler Policies
- Claim Settlement Procedures
- Baggage Insurance (Coverage, Terms, Conditions, Exclusions, Rates)
- Basic Principles of Personal Accident Insurance
- Coverage, Exclusions, Conditions, Add- ons of Personal Accident Insurance
- Individual Insurance and Group Insurance
- Workmen Compensation Insurance (Terms, Exclusions, Conditions, Benefits Ranges, Group Policies, Claim Settlement Procedures)
- Long-term care expense
- Hospital indemnity (income)
- Dental insurance
- Vision care
- Common exclusions from coverage (Workers compensation, Cosmetic, Experimental/investigation, Medical necessities)
- Licensee responsibilities in individual accident and health insurance
- Considerations in replacing accident and health insurance
- Licensee liability for errors and omissions