INSURANCE LAW

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CII
Examination syllabus 
Insurance Law
Purpose 
At the end of this unit, candidates should be able to:
  • demonstrate a knowledge and understanding of the laws which form a background to the operation of insurance (menunjukkan pengetahuan dan pengertian tentang hukum yang melatarbelakangi pelaksanaan asuransi)
  • demonstrate a knowledge and understanding of the system within which these laws operate and are administered (menunjukkan pengetahuan dan pengertian dari sistem dimana hukum beroperasi dan dikelola)
  • apply knowledge and skills to practical situations (meneraokan pengetahuan dan keterampilan untuk situasi praktis)
Assumed knowledge
It is assumed the candidate has the knowledge gained from a study of the fundamental principles and practices of insurance as covered in IF1 Insurance, legal and regulatory or equivalent examinations.

Summary of learning outcomes
  1. Understand the nature and sources of law and legal systems
  2. Understand the concept of legal personality
  3. Understand the principles of the law of the tort and the characteristics of the main torts
  4. Understand the law of contract
  5. Understand the law of agency and its application to insurance
  6. Understand the main principles governing the formation of insurance contracts
  7. Understand how the terms of insurance contract are classified 
  8. Understand the main legal principles governing the making of an insurance claim
  9. Understand how losses are measured and how the principle of indemnity applies to insurance claims
  10. Understand how the principles of subrogation and contribution apply to insurance claims 


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