Insurance Law
Mahatma Jyotiba Phule Rohilkhand University · LL.B. Semester 6
Unit 1
Introduction, Meaning of Insurance, Historical Aspect, Characteristic of Insurance, Nature of Insurance Contract
Unit 2
Theory of Cooperation, Theory of Probability, Principles of Insurance, Utmost Good Faith, Insurance Interest
Unit 3
Re-Insurance, Double Insurance, Insurance & Wages, Types of Insurance: · Life Insurance · Marine Insurance · Fire Insurance & · Miscellaneous Insurance
- Life Insurance — Nature, Principles and Scope Events insured against life, life insurance
- Marine Insurance: Nature and Scope — Classification of Marine policies — The salient features of the Marine Insurance Act, 1963, Insurable interest, Insurable value, Seaworthiness, Hull and Cargo Insurance
- Marine Insurance policy, Conditions and express Warranties, Voyage Deviation, Perils of sea, Loss — Kinds of Loss of ship and of freight
- Fire Insurance: Nature and scope of Fire Insurance — Basic Principles — Conditions & Warranties, Right & Duties of Parties, Claims and other
- Property Insurance: Policies covering risk of explosion, earthquake, and flood. Policies covering accidental loss, damage to property, construction risks
Unit 4
Indemnity, Subrogation, Causa Proxima, Mitigation of Loss, Attachment of Risk, Contribution · Constitution, Function, and Powers of Insurance Regulatory and Development Authority Application of Consumer Protection Act, 1986