Faculty of Law, The University of West Indies at Mona

LA34A Insurance Law
	1. General Insurance Law is an optional course which relies heavily on Contract Law. Accordingly, the attainment of at least a "B” average in Contract Law I and II might be required as a prerequisite for reading the course. Insurance Law will be taught either in the second Semester of the second year of the LL.B. programme or in the first or second Semester of the third year of that programme. 2. Course Objective This course is designed to explore basic principles of modern Insurance Law and to introduce students to specialized problems in particular areas of the subject. 3. Course Content The topics to be covered in the course may include any or all of the following:- i. Introductory Principles Nature of Insurance Law - The Contract of Insurance - Regulation. ii. Insurable Interest 82 Insurable Interest - Life and Property Insurances - Assignment. iii. Uberrimae fides Making the contract - Agency - Contract formation Premiums - Utmost good faith and Non-disclosure - Interim cover. iv. Risk Terms of policy - Construction - Causation. v. Indemnity Claims - Settlement - Subrogation - Contribution - Double Insurance. vi. Specialised Problems Beneficiary designation - Compulsory Motor Vehicle insurance - Employers' Liability Insurance - Environmental Insurance. 4. Method of Teaching This course will be taught 3 hours per week. There be either be two lectures each of one hour's duration; or there will be one seminar of two hour's duration and one Enhancement Session of one hour's duration. Students will be notified of the teaching method to be adopted for the Semester in which they register to read the course during the first week of the Semester. 5. Method of Assessment This course will be assessed by way of a two-hour final examination at the end of the semester in which it is taught. Students will be required to answer three questions, one of which may be a compulsory question, from a total of six questions.