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English Insurance Contract Law

ACCREDITED BY CPD | Free Digital Certificate Included | Unlimited Access 365 Days | Quality e-Learning Materials


1 Training

Summary

Price
£14 inc VAT
Study method
Online
Duration
39 hours · Self-paced
Access to content
365 days
Qualification
No formal qualification
CPD
39 CPD hours / points
Certificates
  • Certificate of completion - Free
Additional info
  • Exam(s) / assessment(s) is included in price
  • TOTUM card available but not included in price What's this?

Overview

English Insurance Contract Law - Level 5

English Insurance Contract Law Level 5 is designed to be the complete guide on contractual law and its various elements. The course will equip you with the knowledge to understand insurance law and its various regulations.

The difference between US and UK insurance law has been distinctly defined in English Insurance Contract Law Level 5 and it teaches you how an insurance contract is dependent on the premium paid and how it complies with the financial regulation. The course will teach you how fortuitous and adverse events affect the contract and how it affects the insurance policy.

English Insurance Contract Law Level 5 will teach you what contracts to distinguish from Insurance, such as Reinsurance, Guarantees, Investment, and the supply of goods and services and the risk element involved in them. Once you take this course you will be able to do recognize insurance contracts and how it is different from other comparable financial products.

Why You Should Consider Taking this Course at 1Training?

1Training is a leading online provider for several accrediting bodies and provides learners with the opportunity to take this exclusive CPD course. At 1Training, we give our fullest attention to our learners’ needs and ensure they have the necessary information required to proceed with the training.

Learners who register will be given excellent learning support, discounts for future purchases and be eligible for a TOTUM Discount card and Student ID card with amazing offers and access to retail stores, the library, cinemas, gym memberships and their favourite restaurants.

CPD

39 CPD hours / points
Accredited by The CPD Certification Service

Course media

Description

Learning outcomes

  • Gain an in-depth understanding of Insurance contracts.
  • Learn to distinguish between insurance and comparable financial products
  • Legal regulations revolving around insurance contracts
  • Learn how fortuitous and Adverse events affect insurance contracts
  • Become able to apply the technical knowledge to hypothetical situations
  • Become aware of the knowledge limitation and how it affects the ability to analyze and interpret the situation.

COURSE CURRICULUM

Module 01 : Insurance Contracts Defined

Module 02 : Insurable Interest Life

Module 03 : Insurable Interest Property

Module 04 : Third Party Rights

Module 05 : Agency

Module 06 : Contract Formation

Module 07 : Premium

Module 08 : The Policy

Module 09 : Cover

Module 10 : Exceptions to Cover

Module 11 : Warranties

Module 12 : Misrepresentation

Module 13 : Disclosure

Module 14 : Illegal Insurance

Module 15 : Claims

Module 16 : Indemnity

Module 17 : Payment and Non-Payment

Access Duration

The course will be directly delivered to you, and you have 12 months of access to the online learning portal from the date you joined the course. The course is self-paced and you can complete it in stages, revisiting the sessions at any time.

Method of assessment

In order to pass the course ‘English Insurance Contract Law – Level 5’ learners will complete an online quiz which will be immediately marked, with learners knowing right away whether they’ve passed the test.

Certification

Upon the successful completion of the course, you will be awarded the Certificate for ‘English Insurance Contract Law – Level 5’ by CPD.

Awarding Body

CPD is a leading awarding body in the United Kingdom that meets an excellent standard of high-quality education. CPD is committed to the enhancement of proficiency and personal skills in order to develop learners’ skills and abilities. CPD ensures that both practical and academic qualifications assist individuals to re-skill or up-skill and maintain a competitive advantage in their chosen industry.

Who is this course for?

  • Insurance agents
  • Lawyers
  • Anyone wanting to learn more about the insurance law

Requirements

  • Learners should be over the age of 16 and have a basic understanding of English, ICT and numeracy.
  • A sound educational background is recommended

Career path

  • Insurance Agent - £34,000 per annum (approximately)
  • Insurance Account Manager - £55,000 per annum (approximately)

Questions and answers

Currently there are no Q&As for this course. Be the first to ask a question.

Certificates

Certificate of completion

Digital certificate - Included

Reviews

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.