Insurance Products Training

Insurance Products Training

Insurance is an arrangement to compensate financial losses due to any uncertain situations. There are different kind of insurance products and everyone obtain necessary policy base on their needs.

NRSP Microfinance Bank is a leading microfinance bank. The bank has arranged different insurance products for assets and client insurance to secure the risk of loss.

Insurance Products Training

Training Name: Micro-Insurance

Trainer Name: Umair Khan

Venue: NRSP Training Center, Bahawalpur

Objective:

The objective of this session is to aware the bank staff regarding insurance products being offered by bank to customers.

Training Content:

  1. What is Insurance?
  2. History & Background of Insurance
  3. Difference between Insurance & Takaful?
  4. What is asset insurance?
  • Banker’s Blanket Insurance
  • Fire Insurance
  • Terrorism Insurance
  • Electric Equipment Insurance
  • All Risk Content Insurance
  • Machinery Breakdown Insurance
  • Vehicles & Motorbike Insurance
  • Third Party Public Liability Insurance
  1. What is Client Insurance?
  • Hospitalization & Accidental death Insurance
  • SBP Crop Loan Insurance Scheme (CLIS)
  • SBP Livestock Insurance Scheme for Borrowers (LISB)
  • Product Credit Life Insurance
  • House Loan Insurance Scheme

Trainer Profile: Umair Khan has a 10 years’ experience of supervision and management of insurance claims and Insurance procurement. He has delivered near about 100 training sessions to NRSP Bank’s operation and filed staff.

Training Method: Presentation / Group Discussion / Role Play Activity / Quiz

Outcomes:

  • Understand the concepts of Insurance & Takaful
  • Awareness of Asset Insurance Products arranged by Bank
  • Awareness of Client Insurance Products offered by bank
  • How to Guide Customers regarding insurance products?
  • How to lodge claims of customers under client insurance products?
  • Understand the required documents and deadlines to lodge claims