Subject: INSURANCE

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INS – JUL 2020 – L4 – Q8 – Elements of Valid Contract in UK

outline the elements that must be present for a valid contract to be formed in the UK.

Outline the elements that must be present for a valid contract to be formed in the UK

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INS – JUL 2020 – L4 – Q7 – Duties of an Agent in Law

List and explain the duties of an agent under law, with relevance to insurance practices such as brokers and intermediaries.

List and explain the duties of an agent in law

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INS – JUL 2020 – L4 – Q6 – Distinctions in Torts, Crimes, Contracts, and Damages

Distinguish between torts and crimes, torts and breach of contract, and liquidated versus unliquidated damages in the context of legal principles relevant to insurance.

Distinguish between the following:

a. Torts and Crimes                                                                                                                                                                                                            b. Torts and Breach of Contract                                                                                                                                                                                     c. Liquidated and Unliquidated damages

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INS – JUL 2020 – L4 – Q5 – Distinguish Pure Risk and Speculative Risk

Differentiate between pure risk and speculative risk, highlighting their characteristics and relevance to insurance practices.

Distinguish between the Pure Risk and Speculative Risk

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INS – JUL 2020 – L4 – Q4 – Circumstances for Purchasing Reinsurance Cover

Explain the situations in which an insurer might opt to buy reinsurance to mitigate risks and enhance operational capabilities.

In which circumstances would an insurer consider the purchase of reinsurance cover?

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INSURANCE – JULY 2020 – LEVEL IV – Q2 – Alternative Dispute Resolution

Explain what is understood by the term 'Alternative Dispute Resolution'.

What do you understand by the term ‘Alternative Dispute Resolution’?

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INSURANCE – JULY 2020 – LEVEL IV – Q2 – Alternative Dispute Resolution

Explain what is understood by the term 'Alternative Dispute Resolution'.

What do you understand by the term ‘Alternative Dispute Resolution’?

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INSURANCE – JULY 2020 – LEVEL IV – Q1 – Areas of Questions on Proposal Forms

List and provide brief notes on any four areas of questions typically found on insurance proposal forms.

List and write brief notes on any four areas of questions found on proposal forms

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INS – JUL 2020 – L4 – Q8 – Elements of Valid Contract in UK

outline the elements that must be present for a valid contract to be formed in the UK.

Outline the elements that must be present for a valid contract to be formed in the UK

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INS – JUL 2020 – L4 – Q7 – Duties of an Agent in Law

List and explain the duties of an agent under law, with relevance to insurance practices such as brokers and intermediaries.

List and explain the duties of an agent in law

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INS – JUL 2020 – L4 – Q6 – Distinctions in Torts, Crimes, Contracts, and Damages

Distinguish between torts and crimes, torts and breach of contract, and liquidated versus unliquidated damages in the context of legal principles relevant to insurance.

Distinguish between the following:

a. Torts and Crimes                                                                                                                                                                                                            b. Torts and Breach of Contract                                                                                                                                                                                     c. Liquidated and Unliquidated damages

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INS – JUL 2020 – L4 – Q5 – Distinguish Pure Risk and Speculative Risk

Differentiate between pure risk and speculative risk, highlighting their characteristics and relevance to insurance practices.

Distinguish between the Pure Risk and Speculative Risk

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INS – JUL 2020 – L4 – Q4 – Circumstances for Purchasing Reinsurance Cover

Explain the situations in which an insurer might opt to buy reinsurance to mitigate risks and enhance operational capabilities.

In which circumstances would an insurer consider the purchase of reinsurance cover?

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INSURANCE – JULY 2020 – LEVEL IV – Q2 – Alternative Dispute Resolution

Explain what is understood by the term 'Alternative Dispute Resolution'.

What do you understand by the term ‘Alternative Dispute Resolution’?

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INSURANCE – JULY 2020 – LEVEL IV – Q2 – Alternative Dispute Resolution

Explain what is understood by the term 'Alternative Dispute Resolution'.

What do you understand by the term ‘Alternative Dispute Resolution’?

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You're reporting an error for "INSURANCE – JULY 2020 – LEVEL IV – Q2 – Alternative Dispute Resolution"

INSURANCE – JULY 2020 – LEVEL IV – Q1 – Areas of Questions on Proposal Forms

List and provide brief notes on any four areas of questions typically found on insurance proposal forms.

List and write brief notes on any four areas of questions found on proposal forms

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