Insurance Ethics Training is a study of ethical practices for insurance agents, examining closely the parties to whom agents owe an ethical responsibility, the law of agency, agent and broker liability, and deceptive trade practices and fair claims handling. This textbook will teach you about the "new focus" on business ethics and give you an…
This unique textbook looks at the concepts of insurance from a legal perspective and reveals some fascinating points of interest. For example, English courts of law were hearing insurable interest cases as far back as the late 1700's under King George II. The decisions made by those early courts form the basis of modern-day insurable interest laws.
Objectives • Learn how modern-day insurance concepts were derived from historical legal arguments. • Develop a higher level of competence through a better under standing of today's insurance provisions, concepts, and statutes. • Gain insight into the legal concepts of all types of insurance.
Major Subjects Covered • Insurable Interest. • Definition of Risks. • Persons Insured. • Waiver and Estoppel. • Measure of Recovery. • Subrogation.
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