Commercial _III. Insurance Law _A. Basic Concepts Flashcards

1
Q

III. Insurance Law
A. Basic Concepts
1. Elements of an Insurance Contract

A
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2
Q

III. Insurance Law
A. Basic Concepts

  1. Characteristics/Nature of Insurance Contracts
A
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3
Q

III. Insurance Law
A. Basic Concepts

  1. Classes of Insurance
    a) Marine
    b) Fire
    c) Casualty
    d) Suretyship
    e) Life
    f) Microinsurance
    g) Compulsory Motor Vehicle Liability Insurance
    h) Compulsory Insurance Coverage for Agency-Hired Workers
A
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4
Q

III. Insurance Law
A. Basic Concepts

  1. Insurable Interest
A
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5
Q

III. Insurance Law
A. Basic Concepts

  1. Double Insurance and Overinsurance
A
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6
Q

III. Insurance Law
A. Basic Concepts

  1. No Fault, Suicide, and Incontestability Clause
A
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