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IF1 - Insurance, Legal and Regulatory

This class was created by Brainscape user Callum McCarthy. Visit their profile to learn more about the creator.

By: Callum McCarthy
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Decks in this class (11)

Chapter 1: Core Principles of Insurance
Define risk,
Define risk averse,
Define risk seeking
21  cards
Chapter 2: The Insurance Market
Name the five types of insurer,
What is a proprietary insurer,
What is a mutual insurer
39  cards
Chapter 2: Insurance Professionals and Bodies
What is the role of an underwriter,
What is a loss adjuster,
What is the professional body for...
21  cards
Chapter 3: Contract and Agency
What are the two essentials of a ...,
What is a contract said to be if ...,
What is conditional acceptance
21  cards
Chapter 4: Insurable Interest
What is insurable interest,
State the difference between the ...,
What are the requisites for a sub...
11  cards
Chapter 5: Good Faith and Disclosure
Which acts set out the rules for ...,
Define the principle of good faith,
How does good faith effect the in...
14  cards
Chapter 6: Proximate Cause
What is proximate cause,
Which case established proximate ...,
What is the dominant cause
6  cards
Chapter 7: Indemnity
Define indemnity,
What are the four methods of inde...,
What happens if the insured decli...
19  cards
Chapter 8: Contribution and Subrogation
What is contribution,
How is an insurer s liability det...,
What is the rateable proportion c...
11  cards
Chapter 9: Legal and Regulatory Environment
Which types of insurance are comp...,
Which act makes motor insurance c...,
Which act makes employer s liabil...
43  cards
Chapter 10: Consumer Protection and Dispute Resolution
What types of data does the gdpr ...,
What are the six lawful bases for...,
What are the rights of the indivi...
24  cards

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IF1 - Insurance, Legal and Regulatory

  • Class purpose General learning

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