An examination of general topics of insurance law and how the legislation and common law deal with these topics in relation to property, life and automobile insurance. Topics include classifications of insurance, the legal position of brokers and agents and concepts of indemnity, insurable interest, non-disclosure and misrepresentation, the rights of third parties to recover insurance proceeds, warranties and conditions, valuation, subrogation and contribution. Weekly hours: 3 Lecture hours
An examination of general topics of insurance law and how the legislation and common law deal with these topics in relation to property, life and automobile insurance. Topics include classifications of insurance, the legal position of brokers and agents and concepts of indemnity, insurable interest, non-disclosure and misrepresentation, the rights of third parties to recover insurance proceeds, warranties and conditions, valuation, subrogation and contribution. Weekly hours: 3 Lecture hours