Auxiliary Heating - (ET)

Virtual - On Your Computer

ON Map
Date and Time: October 10, 2023 1:00 pm - 4:15 pm
Speaker(s):
Melanie Needham, President of MRD Consulting
MRD Training & Consulting Inc.

How a person heats their home is an important consideration in deciding whether to insure a risk and the premium charged. Homeowners may choose to use something to supplement their primary heat source during regular heating season – such as a fireplace, wood burner, space or electric heaters, or solar heating. These items are auxiliary heat sources, and they bring with them additional risk exposures due to the many opportunities for error by the people using them.


Brokers: Learn what questions to ask to understand your customer’s exposure and ultimately ensure the client is appropriately covered.
Underwriters: Learn how to underwrite this exposure and manage your risk.
Claims: Learn common losses associated with auxiliary heating and what to look for during a claim


By the end of the seminar you will be able to:

  • Differentiate between primary heating sources and auxiliary heating sources.

  • Explain why insurers need to be made aware of auxiliary heating sources used by an insured.

  • Describe each of the types of auxiliary heating.

  • Explain insurers’ primary underwriting considerations for properties that use auxiliary heat sources and discuss various questionnaires and inspection information
  • Facilitator

    Melanie Needham, FCIP, CRM President, MRD Consulting

    CE accreditation

    TBD


    Please Note:

    • Prices below are for IIO Members. Fees noted below do not include HST.
    • For Non-members and renewing members, the IIO Membership fee will be added to your cart.
    • Sorry, no refunds. Credit notes issued only with 48 hour written notice
    • In accordance with Provincial regulator's guidelines, in order to be eligible for CE hours, you must be logged in with for the entire duration of the session. Partial hours cannot be issued.
    • Connection details will be sent by email 24 hours in advance of the session. Please ensure that your contact information is updated in your member profile.

       

    For group rates of 3 or more, or if you need assistance with registration, email us: conestogamail@insuranceinstitute.ca