Insurance Law - The Nuts & Bolts in One Day
This interactive course aims to provide delegates with a practical introduction to insurance law and is aimed at busy practitioners, in house professionals and risk managers.
It will cover what an insured needs to do when buying insurance and the pitfalls to avoid, how to understand an insurance contract and its key terms, how to make a claim and what to expect in the event of a dispute.
What You Will Learn
This introductory level course will cover the following:
- The fundamental requirements of an insurance contract - what has to be in the contract and what form should it be in
- The duty to make a fair presentation of the risk - what information needs to be disclosed to insurers and the penalties for breach of that duty; differences between consumer insurance and commercial insurance
- The role of the broker/intermediary - who do they work for and what are their responsibilities?
- Key terms of an insurance contract - what is covered and what is excluded; who can be covered under the contract?
- Understanding an insurance contract - how the Courts will interpret an insurance contract; the key role of insurance warranties and what happens if they are breached; the use of conditions precedent; implied terms and other standard conditions
- Claims - How to make a claim, notification requirements and other key claims clauses; how claims are calculated; what happens if insurers delay payment?
- Disputes with insurers - different forms of dispute resolution; the role of the Insurance Ombudsman
- How worldwide insurance programmes work
9:30am - 5:15pm
9:30am - 5:15pm
Please let us know if you wish to be notified when new dates are added for this programme