This workshop is designed to provide participants with insight into the new classes of Long-Term Insurance Business, namely Accident Insurance, Sickness Insurance and Disability Income Insurance, introduced in the recently proclaimed Insurance Act 2018. Participants will gain an understanding of the benefits of these types of Insurance to the insured, as well as the various policy conditions.
At the end of the session, participants will be able to:
Define accident insurance, sickness insurance, and disability income insurance.
Understand the key components of accident insurance, sickness insurance and disability income insurance.
Explain the benefits of these classes of business to the potential insured.
Identify the conditions under which these claims may arise.
Understand key terms used in Disability income policies.
Mr. Ulric Miller is a certified Anti-Money Laundering Specialist, Fellow of the Life Management Institute, Associate Insurance Regulatory Compliance. In this capacity, he has overseen many AML.CFT Training programmes for the staff at TATIL Life. He has over forty-five (45) years’ experience in the insurance industry where he started in the IT department and climbed the corporate ladder to Chief Risk Officer of one of the leading insurance companies in Trinidad & Tobago.
He has served as an adept change manager with special experience in leveraging IT, possesses a highly successful track record in Customer Relationship Management, Strategic Management and Scenario Planning. No stranger to the TTII, Mr. Miller has sat as President on the TTII Council of Trustees, President of the local LOMA Society of FLMI’s and 1st VP of the Association of Insurance Institute of the Caribbean.