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

Decks in this class (10)

Chapter 1 - Risk and Insurance
What insurance policy pays benefi...,
What are the 3 stages of risk man...,
What policy indemnifies a shop fo...
73  cards
Chapter 2 - The insurance market
What groups of people is the insu...,
What types do buyers come under,
What is a partnership
89  cards
Chapter 3 Contract and agency
What are the essentials of a vali...,
What is usually the consideration...,
Does a conditional acceptance for...
28  cards
Chapter 4 Insurable interest
Provide a definition of insurable...,
What three elements are required ...,
What is the difference between th...
9  cards
Chapter 5 - Good Faith
What sort of product is insurance...,
What duty do consumers have under...,
What did the insurance act 2015 i...
44  cards
Chapter 6 Proximate cause
What is the proximate cause,
For the first cause to be the pro...,
What is an insured peril
9  cards
Chapter 7 Indemnity
What is the definition of indemnity,
Identify two types of insurance t...,
Identify four ways a property ins...
21  cards
Chapter 8 Contribution and subrogation
What is the definition of the pri...,
If a policyholder had two life po...,
Identify two ways the principle o...
23  cards
Chapter 9 - Compulsory insurance and statutory regulations
Identify six types of insurance t...,
Which act applies to contracts an...,
Which act gives an injured party ...
51  cards
Chapter 10 Consumer protection and dispute resolution
What is a data controller,
What is a data processor,
Under gdpr who can be liable to c...
32  cards

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if1 get ready

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