The Insurance Law Course is critical to all insurance companies. It is about application of law to insurance in a way that ensures efficient insurance operations. Therefore, it is mandatory for those employees who working in Insurance as well as for the unemployment people they wish to work in the Insurance industry.
The aim of the course is to prepare employees or potential employees to acquire knowledge and understanding of the laws, which form the background to the operation of insurance and to apply knowledge and skills to practical situations.
To fulfill the aim of the course, wide spectrum of topics are explored, discussed and thoroughly investigated which include the nature and sources of law and legal systems, the concept of legal personality, the principles of the law of tort and the characteristics of the main Torts, the law of contract, the law of agency and its application to insurance, the main principles governing the formation of insurance contracts, knowledge on how the terms of insurance contract are classified and the effect of a breach of an insurance contract term by the insured and of other vitiating factors, the main legal principles governing the making of an insurance claim, knowledge on how losses are measured and how the principle of indemnity applies to insurance claims and how the principles of subrogation and contribution apply to insurance claims.
The course, in this sense, provide solid and comprehensive knowledge needed o prepare those who are already on jobs and those who show interests and potentials to join the insurance sector.