fr
en
Legal Fundamentals of Property and Casualty Insurance
Property and casualty insurance cases require a legal framework for analysing commitments and risks. Connect insurance mechanisms with their legal implications to analyse cover, explain commitments and identify coverage limits. Make your advice and case management more reliable.
- Duration
- 4 days 28 hours
- Code
- FMA02FR Code
Presentation
Insurance courses develop the knowledge and skills needed across the diverse insurance professions. They are designed to support steady, rapid progress.
This course introduces the legal and regulatory foundations of insurance.
Objectives
This course enables participants to understand the regulations applicable to insurance, the legal aspects of how the profession is organised, and how an insurance contract operates from formation to termination.
Program
1. Introduction
- Elements of risk economics.
- Risk pooling and its limits.
- The need for insurance.
- Different types of insurance.
- Regulation of insurance contracts.
2. The insurance contract
- The legal definition.
- Its bilateral nature.
- Characteristics.
- Practical arrangements, from information provision to contract formation.
- Duration.
- Transferring risks in exchange for a premium.
- The pricing principle.
- Non-payment.
3. The insurance contract life cycle
- Performance of the contract and definition of the risks covered.
- Changes during the contract term.
- Information exchanges between policyholder and insurer.
- Transfer.
- Suspension of cover.
- Termination.
4. Claims
- The insured event and the parties' obligations.
- Claims settlement.
- The principle of indemnity.
- The two-year limitation period.
5. Third parties to the contract
- Automatic transfer of insurance by operation of law.
- Each party's right to terminate.
- Specific cases involving motor vehicles or pleasure craft.
6. Contract disputes
- Specific regulations.
- Clauses that an insurance contract must contain.
- Sensitive clauses.
Audience
This course is intended for insurance company employees.
Prerequisites
None.
Teaching and assessment methods
- Initial skills assessment
- Training materials provided to participants
- Continuous assessment throughout the course
- End-of-course feedback questionnaire
- Combination of theory and practical application
- Attendance records
- Post-course follow-up evaluation
Dates and sessions
Choose the date and delivery format that suit you.
No upcoming sessions are currently available.