Insurance Law

The Excellence In Claims Handling program provides everything the insurance claims person needs to properly represent the insurer when presented with a first-party property claim. It also provides the person or entity insured, its risk manager or CFO with everything needed to present a claim to effectively present the claim and provides the information needed to obtain the maximum indemnity promised by the insurance policy. The course explains the legal basis for the interpretation of the property insurance policy contract and how courts interpret those contracts. Insurance is a contract of personal indemnity. A first-party property insurance policy makes multiple promises including a promise to provide indemnity to the insured in case of a loss by a peril - like fire - insured against. The first-party property policy imposes obligations on the claims person and the insured so that the insured can, with the assistance of the insurance claims professional, prove to the insurer that the loss was caused by a peril insured against, the extent of the loss to repair or replace the property with material of like kind and quality and negotiate a settlement acceptable to both the insured and the insurer. The course is presented in increments that can be reviewed at the convenience of the student whether viewed in short increments with the student's first cup of coffee in the morning or as the last effort of the day. Repetition also aids in learning. When all of the course increments are completed the student will be able to announce that he or she is a first-party property claims professional and knows everything needed to either investigate and adjust a property insurance claim or everything needed to present a first-party property claim to an insurer so that the indemnity promised by the policy can be obtained quickly, effectively and without dispute.