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The main principles of insurance law with specific reference to life and property insurance.
This course aims to provide a sound understanding of the key principles of insurance law. It will examine the nature, formation, construction and interpretation of an insurance contract; the insured’s duty of good faith and the effect of misstatements. It will also examine key aspects of the insurer’s rights and obligations when a claim is made by the insured including: determining whether a loss is covered under the terms of the insurance contract; whether it falls within exclusion clauses in the contract; the effect of a deliberate loss; fraudulent claims; the measure of indemnity; and rights of subrogation. Reference will be made to issues arising out of the Christchurch earthquakes where relevant.
(i) LAWS101; and (ii) LAWS110
LAWS327 before 2005
Assessment may be by way of a mid-term essay or test (worth 40%) and a final take home test (worth 60%).The assessment for this course will be confirmed in the first week of lectures.
Domestic fee $775.00
International fee $3,525.00
* Fees include New Zealand GST and do not include any programme level discount or additional course related expenses.
For further information see
School of Law.