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Insurance Contract
"Pacta Sunt Servanta"! A Latin expression on which all contracts are based.Preview the first lesson free — get full access to all 18 lessons.
Essential Provider : نوليدج سيتي 18 Lessons · 15m in Arabic, English
Course Description
In this course we will discuss the subject of the insurance contract and its pillars, and the two meanings of an agreement: legal and non-legal. In addition, we will review document and contents insurance and how to prepare it.
What You'll Learn
- Identify the pillars of an insurance contract and what makes a valid contract
- Distinguish between the legal and non-legal meanings of an agreement
- Recognize the reasons some agreements are considered illegal
- Explain when an insurance policy starts and the contents of an insurance application
- Describe the contents of an insurance policy and how to set up and prepare insurance policies
- Compare the types and divisions of commercial insurance companies, including Lloyds and cooperative insurance
Key Takeaways
- An insurance contract is built on defined pillars and rests on the concept of an agreement.
- An agreement can be understood in two senses: a legal meaning and a non-legal meaning.
- Some agreements are illegal, and the course explains the reasons for that illegality.
- An insurance policy has a defined starting point and is preceded by an insurance application with specific contents.
- Commercial insurance companies fall into different types and divisions, including Lloyds and cooperative insurance.
Frequently Asked Questions
What does this course cover?
The course covers the insurance contract and its pillars, the legal and non-legal meanings of an agreement, and document and contents insurance and how to prepare it.
What topics are included in the lessons?
Lessons include the introduction to the insurance contract, what a contract is, the pillars of a contract, the definition and legality of an agreement, reasons for illegality of some agreements, when an insurance policy starts, insurance applications and policies and their contents, how to set up insurance policies, regulations governing policy issuance, and the types and divisions of commercial insurance companies including Lloyds and cooperative insurance.
What skills will I gain from this course?
The course develops skills in contract analysis, contract interpretation, contract law, contract preparation, insurance law, and insurance license topics.
Does the course explain how to prepare insurance documents?
Yes. It reviews document and contents insurance and how to prepare it, including how to set up insurance policies and the contents of insurance applications and policies.
