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General Insurance

 

Engineering Insurance

Engineering insurance is the insurance that provides protection to the insured against all risks that they can be faced by the erected project, ongoing construction project and the machines and equipments used in the operation of the project. Depending on the project, it can be divided into the construction phase and the operational phase. Kanakben Education Foundation has courses carefully designed for both the phases. The modules have a well researched and comprehensive course material which is taught using both theoretical and case studies. The modules under each of these are as follows:

Insurance (Operational Phase)

  • Machinery insurance
  • Boiler and Pressure Plant Insurance
  • Machinery Loss of Profit Insurance
  • Electronic Equipment Insurance

Insurance (Construction Phase)

  • Contractors All Risk Insurance
  • Erection all Risk Insurance/Storage- cum- Erection
  • Contractor’s Plant and Machinery Insurance
  • Advance Loss of Profit

 

Fire or Standard Fire And Special Perils Policy

The fire policy is one of the most important policies in insurance as fire is known to be the major cause of any loss of property. The policy covers various assets like plant and machinery, buildings, stocks, furniture and fixtures. There are different fire products available in the Indian Insurance market to cover the insured from all kinds of risks associated with fire. The different fire products are:

  • Standard Fire and Special Perils Policy
  • Mega Risk Policy
  • Industrial All Risk
  • Fire Loss of Profit

Each of these products has their inclusions, exclusions and deductions. For any personnel in the Insurance market, understanding of this policy is essential. We at Kanakben, have modules for each of these products where we cover all aspects with both theory and practical examples to ensure complete understanding of this very important policy.

 

Marine Insurance

Marine Insurance is an insurance policy which provides coverage against any loss or damage to marine cargo while in transit, or marine hull, ships, terminals, or any other transport by which any goods are transferred or held between two destinations. This policy will provide compensation to the insured if any loss is occurred during transit of goods. Marine Insurance covers:

  • Marine Cargo Insurance
  • Hull Insurance

Marine Insurance is a widely used insurance policy in commercial insurance. Our team of experts has a well designed module for marine insurance which covers the features and peculiarities of the marine insurance policy. We have used various practical claim examples to ensure all aspects are covered to have a comprehensive understanding of this policy.

 

Miscellaneous Insurance

Miscellaneous Insurance are the insurance policies other than the general policies covering various risks that can be faced by the insured. Times have changed today and there are many risks which an individual or business can incur. These policies are essential and the understanding of this is imperative for any insurance intermediary. At Kanakben Education Foundation we have different modules for different miscellaneous policies which we teach using comprehensive course material including theory and practical examples. The policies we cover are:

  • All Risk Insurance
  • Special Contingency Policy
  • Fidelity Guarantee Insurance
  • Cellular Network Policy
  • Money Insurance
  • Public Liability
  • Product Liability
  • Third Party Liability
  • Plate Glass Insurance
  • Jewellers’ Block
  • Professional Indemnities
  • Bankers’ Indemnity
  • Employer’s Liability
  • Workman Compensation Insurance
  • Personal Accident
  • Crop Insurance
  • Cattle Insurance
  • Blood Stock (horse) Insurance
  • Sports Insurance
  • Package Policy
  • Intellectual Property Insurance/Multimedia Insurance
  • Stevedor’s Liability
  • Reinsurance

 

Loss of Profit

Any loss in a business has an effect on the turnover apart from the assets. The loss of profits insurance policy covers the losses a business incurs following a breakdown or damage due to fire till the time the turnover comes to the same level prior to the loss. There are several complexities which can arise in the policy and thus, an accurate understanding of this policy is vital. This policy is very different from any property insurance as instead of covering the asset or the business, it covers the profits that the business could have earned if the peril had not occurred. It is very essential to understand the coverage of this policy and our module covers all aspects with live case studies to ensure complete understanding. In our module we cover:

  • Machinery Loss of Profit
  • Advance Loss of Profit
  • Fire Loss of Profit

 

Liability Insurance

Liability Insurance are those insurance policies which protect a business or an individual from the risks of facing any legal issues and being held liable for any injury, malpractice or negligence to third parties. The policy provides coverage for both legal payouts and legal costs for which the insured will be responsible if he is found liable legally. Liability insurance is a technical policy and is essential for business owners and professionals. There are different liability polices depending on the nature of work or business. Extensive and complete knowledge of liability insurance is essential for any insurance intermediary be it from the marketing team or the claims team. At Kanakben, we have well designed modules with theory and practical case studies dealt with, by experts in liability insurance. We have courses for:

  • Public Liability
  • Product Liability
  • Product Recall Liability
  • Crime Insurance
  • Event Insurance
  • Directors and Officers Liability
  • Errors and Omissions Liability
  • Professional Indemnity
  • V Cap Insurance
  • Mutual Fund Insurance
  • Contamination Liability

 

Other Modules

In our courses for General insurance there are many other modules apart from policy modules designed by experts at Kanakben which are crucial for complete understanding of general insurance. All our modules are a perfect blend of theory and case studies to guarantee a comprehensive perceptive. Our other modules are:

  • General Insurance Underwriting
  • General Insurance Accounting and Regulation of Investment
  • Industrial All Risk
  • Mega Policy
  • Special Products
  • Risk Inspection
  • Risk Management
  • Actuarial Aspects of Product Development
  • Asset Management
  • Motor Insurance

 

QUICK CONTACT

SF-717, 7th floor, JMD Megapolis, Sector- 48, Sohna Road, Gurgaon- 122018
Tel.: +91 124 2678600
info@kanakbenfoundation.com