Trainning

Reconstruction value training with CE credits (2 credits)

This training is specifically conceived for insurance agents, brokers and insurers.

We offer training on reconstruction value, with certification for continuing education credits (2 credits). This training is not a course on calculation methods, but rather an insurable value approach versus the client and the financial impact of undervaluation.

It should be noted that Mr. Robert Plante is the appraiser for the training of insurance brokers with CE credits1. He is accredited by the Chambre de l’assurance de dommages (ChAD) – Who meets with over 1000 brokers in commercial insurance across Quebec.

Here is the course outline:

Training Curriculum on Reconstruction Value

 

Title of the courseTarget clientsExpected duration
Training on reconstruction value
and the financial impact of undervaluation.
Insurance agents / Insurance Brokers2 hours
(2 CE credits)1

Overall objective

Gain awareness on the impact of undervaluation in the insurance field (buildings and equipment).

Specific objectives

Elements contained in the training

Duration

Learning strategies

Material

Demonstrate the role of the evaluator and provide specific explanations on the reconstruction costs and changes in the rate per square foot, depending on how the building is used.
  • The influence of building components on the reconstruction value (ex: excavation and foundations, exterior siding, roofing, etc.
  • Demonstrate and explain the technical drawing of a building.
  • Explanation of certain elements of valuation, with the use of a quiz on the reconstruction value of different types of commercial, industrial, residential (condominium), agricultural, etc. buildings.
2 hoursBring the insurance agent or broker to be particularly attentive to the undervaluation and the financial impact that can result from it. The strategy to be used towards the client versus the valuation report.

Information packet containing:

  • Example of a standard valuation report
  • Example of the technical drawing of a building
  • Visual Powerpoint presentation, including a paper copy containing the presented information.

[2] Continuing education credits