Liability Insurance Products: An Overview

Programme Highlights

This 1-day in-person course offers insurance professionals a comprehensive introduction to three key liability insurance products - Work Injury Compensation Insurance, Public Liability Insurance & Products Liability Insurance.

Participants will gain practical insights into how these insurance types operate in various commercial and legal contexts. The course blends foundational theory with real-world applications to help participants better understand coverage triggers, exclusions, underwriting concerns, and claims nuances.

Through engaging discussions, real-life case examples, and interactive Q&A sessions, attendees will leave with a clear understanding of how liability policies function, when they are triggered, and what role they play in mitigating legal and financial exposure.

7 CPD Hours
Mode: Face-to-Face Training
Date: 23 September 2025
Time: 9.00 a.m. to 5.00 p.m.

For Whom

  • Junior to mid-level insurance professionals (underwriting, claims, broking) seeking foundational knowledge in liability lines.
  • Corporate risk managers and compliance officers.
  • Legal, HR, or finance professionals who manage or review liability insurance in their organizations.
  • New entrants to the insurance industry or those shifting from other lines to liability.
  • Product developers and training officers in insurance firms.

Key Learning Objectives

At the end of the programme, participants should be able to:

  • Explain the purpose and coverage scope of common liability insurance products.
  • Differentiate between Work Injury Compensation Insurance, Public Liability Insurance and Products Liability Insurance in terms of insured interest, coverage triggers, and exclusions.
  • Understand the legal and statutory frameworks influencing liability insurance, including Singapore’s Work Injury Compensation Act (WICA) regime.
  • Identify key underwriting considerations for each liability product.
  • Understand the claims nuances of each product.

Programme Outline

Module 1: Understanding Liability Insurance

  • Definition and classification of liability risks
  • The role of liability insurance in business risk management
  • Overview of common policy structures and wording features

Module 2: Work Injury Compensation Insurance

  • Statutory framework under Singapore’s WICA
  • Who is covered and when WIC is applicable
  • Coverage per approved policy wording
  • Extensions

Module 3: Public Liability Insurance

  • Scope of cover: bodily injury and property damage to third parties
  • Common risk exposures
  • Policy limits, exclusions, and territorial coverage
  • Underwriting factors
  • Claims procedures

Module 4: Products Liability Insurance

  • Trigger points for product-related injuries or damage
  • Claims made policies
  • Policy limits, exclusions, and territorial coverage
  • Underwriting factors
  • Claims procedures

Programme Leader

Perry Tan, with over 20 years in General Insurance, holds ACII and FCII qualifications. His career spans broking, underwriting, business development, and industry association roles. He now heads the Technical Training Department at the Singapore College of Insurance, where he has been a lecturer and consultant since 2014.

Programme Fee

Full Course Fee: S$414.20 (incl. of 9% GST)

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Last Updated Date:
10/7/25

Liability Insurance Products: An Overview

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