Earn a qualifying law degree at your own pace with the àËÅöÊÓƵ LLB. Dating back to the 1890s, it's highly regarded worldwide.
Course
Insurance law (excluding Marine insurance law)
Module information>
This course in Insurance Law (excluding Marine Insurance Law) introduces you to the essential features and principles of English insurance law and insurance contracts. Insurance is a remarkable sector; globally payments for insurance premiums amount to over 4 trillion dollars each year, which is 7% of the world gross domestic product. This course explores what insurance law is, how it works and its purpose.
Module A: Elements of insurance
LWM22A
- The insurance contract
- Insurance regulation in the United Kingdom
- Insurance intermediaries
Module B: Insurance contract formation
LWM22B
- Non-disclosure and misrepresentation; remedies for breach
- Formation of the contract including: offer, acceptance, premiums
Module C: The insurance contract and its terms
LWM22C
- Insurable interest in property insurance and life assurance
- Terms of the contract
- Construing the insurance contract
Module D: Claims process
LWM22D
- Causation: determining the cause of the loss; losses caused by the insured
- Claims: the claims process, the requirement of good faith
- Subrogation: the insurer's, the insured's and the other parties' rights
- Abandonment
- Double insurance and contribution between insurers
- Indemnity and reinstatement, mitigation of loss, reinstatement under contract and under statute
- Alternative dispute resolution mechanisms: the ombudsman
Assessment
Each module is assessed by a 45-minute unseen written exam.
Sequence
It is strongly recommended you take Module A first, and Module D last.
How to apply
You can apply to study a module individually as a standalone unit or as part of a Postgraduate Certificate, Postgraduate Diploma or Master of Laws qualification. (In either scenario, they must be studied in order.)
These modules also contribute towards the following specialist pathways for Laws:
- Commercial and Corporate Law
- Common Law
- Financial Services Law
- Insurance Law
- International Business Law
