ROUTES: IVASS TRAINING - IVASS UPDATE
Ivass Thematic Area: INSURANCE AND REINSURANCE TECHNIQUE
Ivass Area Module: 2. Main types of insurance coverage

OBJECTIVES

The course offers a comprehensive overview of all types of insurance contracts.

DURATION

6 hours

CONTENTS

Module 1 - Introductory elements of the insurance contract

  • Concept of insurance contract
  • The risk in the insurance contract
  • The pure risks
  • Insurance: basic principles
  • Pooling - example 1
  • The effects of risk pooling
  • The expected value of the loss
  • Pooling - example 2
  • Pooling
  • The stickiness factors
  • The adverse selection
  • Hazard Moral
  • The risk in the insurance contract
  • The effects on the insurance contract of the change in the insured risk
  • Life insurance and non-life insurance
  • The risk in life insurance in the event of death
  • Summing

 

Module 2 - The types, functions and effectiveness of the insurance contract

  • Traditional life insurance
  • Life insurance
  • The effects on the insurance contract of the change in the insured risk
  • Property insurance
  • Personal insurance
  • Accident policy
  • Objective of the insurance contract
  • The two branches: Non-Life branch
  • The two branches: Life business
  • The social security function
  • The savings function
  • The investment function
  • The combination of functions
  • The discipline of the redemption of the policy
  • The pathological causes of termination of the contract
  • Partial ineffectiveness of the contract
  • The supervening changes to the insurance contract
  • The objective changes in life
  • The objective changes damage

 

Module 3 - The parties to the insurance contract and the insurance intermediaries

  • The insurer
  • The rules to which the insurer is subject
  • The conditions of access to the insurance business
  • The conditions for exercising the insurance business
  • The parties to the insurance contract
  • The parties to the insurance contract: life insurance
  • The parties to the insurance contract: non-life branch
  • Insurance intermediaries
  • Analysis of Life insurance distribution channels
  • Analysis of Non-Life branch distribution channels
  • Summing

 

Module 4 - Obligations of the policyholder and the insurer - part 1

  • The contractor's service: payment of the premium
  • The contractor's service: the calculation of the premium
  • The contractor's performance: Changes in the premium
  • The contractor's service: the single premium and periodic premiums
  • The contractor's service: payment of the premium
  • The contractor's service: the calculation of the premium

 

Module 5 - Obligations of the policyholder and the insurer - part 2

  • Effects of failure to pay the life insurance premium
  • Effects of non-payment of the non-life premium
  • Summing
  • The obligations of the insurer
  • The term of performance of the life insurance insurer's benefit
  • The contractual discipline of the insurer's service
  • Insurance benefits in life insurance - survival case
  • Insurance benefits in life insurance - case of death
  • Insurance benefits in accident and health insurance
  • Summing
  • The role of intermediaries in the executive phase of the insurance contract
  • The collection of premiums
  • Summing

 

Module 6 - Pre-contractual obligations and related to the final phase of the contract

  • Purposes and general rules on disclosure obligations
  • Acquisition of information from the contractor
  • Conduct obligations in the pre-contractual phase
  • The pre-contractual information to be delivered to the customer
  • The information package in life insurance
  • The offering prospectus of financial insurance products
  • The contractor's pre-contractual declarations
  • Will and fault
  • The indisputable clauses
  • Warnings on completing the health questionnaire
  • The proposal
  • Conclusion of the contract and suspension of effectiveness
  • The withdrawal
  • The form of the contract
  • The issue of the policies at the headquarters of the financial intermediary
  • Information obligations in distance selling
  • Summing

 

Module 7 - Civil liability

  • Liability insurance
  • Civil liability
  • The essential elements for the existence of non-contractual liability
  • Guilt of the fact
  • Injustice of Harm
  • Causation
  • Legitimate defense and state of necessity
  • The civil liability contract
  • ANIA rate
  • Compulsory and non-compulsory insurance
  • The types of RC insurance contract
  • The Land Vehicle Civil Liability policy
  • The General Civil Liability contract
  • The Professional Civil Liability policy
  • The Head of Family's Civil Liability policy
  • The civil liability of the intermediary
  • Administrative and disciplinary responsibility
  • The penalties
  • The violations underlying the radiation from the RUI
  • Summing

 

Module 8 - Some cases of insurance contract

  • Case 1
  • Case 1 - Solutions
  • The Long Term Care policy
  • Diffusion of the product
  • Lungavita LTC by Generali Italia
  • Coverage and exclusions
  • Premio
  • Age and duration
  • Performance
  • Cost
  • Quote
  • Advantages and Criticalities
  • Case 2
  • Case 2 - Solutions
  • Dread Disease policy classification
  • Risk classification
  • Product classification
  • What does it cover?
  • Typical distribution channels
  • Behavioral aspects
  • Why subscribe to a Dread Disease?
  • Criticality in the choice of subscription
  • Fear Dread Disease
  • Serious illnesses covered
  • Controversy
  • Exclusions
  • Cost information
  • CAPITAL P Family plus Dread Disease
  • Benefit in the event of serious illness
  • Duration of the insurance
  • Serious illnesses: coverage and exclusions
  • Risk assessment
  • Controversy
  • Cost information

 

TECHNICAL REQUIREMENTS:

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DATA TRACKING METHOD: SCORM 1.2

Certification / Certificate

Final reports and certificate of use compliant with the provisions of the IVASS Regulation.

DEVELOPMENT TECHNOLOGY:

HTML5

PRODUCED BY:

PIAZZA COPERNICO

Content edited by: Assoreti Training

Teaching: Camilla Mazzoli

COURSE CODE:

0071_19_08