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CREDIT HOURS: 2

This course examines the basic principles underlying the law relating to various types of insurance, e.g., fire, life, motor vehicle, and liability. Topics include: (a) the nature of the insurance contract and its formation, (b) agency principles applying to insurance agents or brokers, (c) the insurable interest that a person must have to enter into a valid contract of insurance, (d) the effects of non-disclosure in applying for insurance, (e) interpreting insurance contracts, and (f) claims on policies. Students must critically examine existing law, its function in modern society and its fairness to the insured person, and consider desirable reforms. Course materials include an examination of insurance cases, the Nova Scotia Insurance Act, and various standardized provisions found in insurance contracts.

Prerequisite(s):Ìý±·´Ç²Ô±ð.
Co-requisite(s):Ìý±·´Ç²Ô±ð.
Assessment Method: Written examination.
Restrictions:Ìý±·´Ç²Ô±ð.