Unit 4 -Insurable Interest, Utmost Good Faith, proximate Cause

Insurable Interest 3.7 The requirement for insurable interest in insurance contract; Utmost Good Faith / good faith 3.8 How the principle of utmost good faith / good faith apply to insurance contracts; 3.9 How the duty of disclosure / duty of fair presentation operates insurance contracts, how it is modified by the policy wordings and the contrast with life assurance contracts 3.10The definition of a material fact / material circumstances and how insurers may limit their entitlement to information by their wordings; 3.11 The consequences of non-disclosure or misrepresentation of material facts / material circumstances Proximate Cause 3.12 How the principle of proximate cause is applied to non-complex claims

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Unit 4 -Insurable Interest, Utmost Good Faith, proximate Cause

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Insurable Interest 3.7 The requirement for insurable interest in insurance contract; Utmost Good Faith / good faith 3.8 How the principle of utmost good faith / good faith apply to insurance contracts; 3.9 How the duty of disclosure / duty of fair presentation operates insurance contracts, how it is modified by the policy wordings and the contrast with life assurance contracts 3.10The definition of a material fact / material circumstances and how insurers may limit their entitlement to information by their wordings; 3.11 The consequences of non-disclosure or misrepresentation of material facts / material circumstances Proximate Cause 3.12 How the principle of proximate cause is applied to non-complex claims
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