Law of Insurance
About This Course
By the end of the course, participants would be able to:
1. Understand the principles and doctrines governing the formation and validity of insurance policies, including the nature of general insurance contracts and the key elements required for their formation;
2. Analyze and evaluate peculiar insurance doctrines such as non-disclosure, warranties, subrogation, and the doctrine of indemnity, and understand their implications in insurance contracts;
3. Demonstrate knowledge of the claims procedure, including techniques for successfully claiming under an insurance policy and resisting wrongful denial of claims by insurers; and
4. Examine the protection of commercial business assets and individual lives against unforeseen contingencies and losses, and understand the importance of risk management in the context of insurance.
What You'll Learn
This course deals with the principles and doctrines underpinning the formation and validity of insurance policies. It seeks to help participants appreciate concepts of risk management, the protection of commercial businesses assets and the protection of individual lives against unforeseen contingencies and losses that may arise. Topics include the nature of general insurance contracts, formation of insurance contracts, peculiar insurance doctrines such as non disclosure, warranties and subrogation, claims procedure, doctrine of indemnity and measuring your losses, and third party rights. The techniques of successfully claiming under the policy and resisting the insurer's wrongful denial of claims will be covered.
Entry Requirements
A good Bachelor's or Juris Doctor degree in Law