Insurance Contracts

1

Introduction
- Introduction
- Introduction FREE PREVIEW
2

Types of P & C
- Types of P&C
3

Insurance Organizations in Canada
- Insurance Organizations in Canada
4

Distribution of Insurance
- Distribution of Insurance
5

Dealing with Risk
- Risk
- Avoidance of Risk
- Controlling of Risk
- Retention of Risk
- Transferring of risk
6

Contracts
- Contracts
- Agreement
- Consideration
- Legality of the Object
- Legal Capacity of the Parties to the Contract
- Genuine Intention
7

Insurance Contracts
- Insurance Contracts
- Insurable Interest
- Utmost Good Faith
- Indemnity
8

Legislation
- Legislation
9

Statutory Condition #1 – Misrepresentation
- Statutory Condition #1 – Misrepresentation
10

Statutory Condition #2 Property of Others
- Statutory Condition #2 Property of Others
11

Statutory Condition #3 Change of Interest
- Statutory Condition #3 Change of Interest
12

Statutory Condition #4 Material Change
- Statutory Condition #4 Material Change
13

Statutory Condition #5 Termination
- Statutory Condition #5 Termination
14

Statutory Condition #6 Requirements after Loss
- Statutory Condition #6 Requirements after Loss
15

Statutory Condition #7 Fraud
- Statutory Condition #7 Fraud
16

Statutory Condition #8 Who May Give Notice and Proof
- Statutory Condition #8 Who May Give Notice and Proof
17

Statutory Condition #9 Salvage
- Statutory Condition #9 Salvage
18

Statutory Condition #10 Entry, Control, Abandonment
- Statutory Condition #10 Entry, Control, Abandonment
19

Statutory Condition #11 Appraisal
- Statutory Condition #11 Appraisal
20

Statutory Condition # 12 - When Loss Payable
- Statutory Condition # 12 - When Loss Payable
21

Statutory Condition #13 - Replacement
- Statutory Condition #13 - Replacement
22

Statutory Condition #14 - Action
- Statutory Condition #14 - Action
23

Statutory Condition #15 - Notice
- Statutory Condition #15 - Notice
24

Definitions
- Definitions
25

Final Exam
- Final Exam

Insurance Contracts - AIC#51355 - 2 CE Credits - General/Adjuster

This course explores the content of the policy contract and key points within it. Types of P&C, types of insurance organizations, Risk and how it is dealt with, and the Statutory Conditions of a Fire policy.

Course curriculum

Introduction

Types of P & C

Insurance Organizations in Canada

Distribution of Insurance

Dealing with Risk

Contracts

Insurance Contracts

Legislation

Statutory Condition #1 – Misrepresentation

Statutory Condition #2 Property of Others

Statutory Condition #3 Change of Interest

Statutory Condition #4 Material Change

Statutory Condition #5 Termination

Statutory Condition #6 Requirements after Loss

Statutory Condition #7 Fraud

Statutory Condition #8 Who May Give Notice and Proof

Statutory Condition #9 Salvage

Statutory Condition #10 Entry, Control, Abandonment

Statutory Condition #11 Appraisal

Statutory Condition # 12 - When Loss Payable

Statutory Condition #13 - Replacement

Statutory Condition #14 - Action

Statutory Condition #15 - Notice

Definitions

Final Exam