Principles of Insurance – Intermediate

Insurance - Principles and Practice

DETAILS

Principles of Insurance – Intermediate

Credits CPD 1.5

Course Length 1.5 hr

DESCRIPTION

This course discusses the six principles of insurance, and how they relate to the day to day handling of insurance risks. Throughout the course reference will be made to case law surrounding the principles and the Marine Insurance Act.

OBJECTIVES

At the end of this course the learner will understand:

The 6 Principles of Insurance:

Insurable interest
Utmost good faith
Indemnity
Proximate cause
Subrogation
Contribution

How the principles apply
Supporting case law
The impact of the Consumer Insurance (Disclosure and Representations) Act.

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