OBJECTIVE
This participative workshop is for those with an understanding of commercial property insurance but little involvement in specific property owners insurance. It provides an overview of property owners insurance policies and some of the key issues which are faced in this area of insurance.
CONTENT
Leases
• Key lease terms
• Importance of what lease says
• Key Extensions of cover
• Key terms conditions and exclusions
Rent
• Definition of rent
• Key terms
• Key rent extensions on policies
• Dealing with mid-term rent increases
Insurable interest
• Who has insurable interest
• Solutions
• Subrogation waivers
• Further property owners risks
METHODOLOGY
The training methodology integrates lectures, interactive discussions, collaborative group exercises, and illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical experience, emphasizing the application of learned techniques. This approach ensures that attendees return to their professional environments equipped with both the competence and self-assurance to effectively implement the acquired skills in their responsibilities.
DATE:
1ST BATCH: 11th – 14th Mar, 2025
2ND BATCH: 15th – 18th July, 2025
3RD BATCH: 18th – 21th Nov, 2025
25, Queen street, Alagomeji Bus Stop, Yaba, Lagos