9 Rules for Reading an Insurance Policy Based on the Law of Insurance Contracts
Author: Chris Boggs
Insurance policies are subject to the standard laws of contracts; but beyond simple contract law, insurance contracts are bound by unique provisions and requirements specific to insurance. An understanding of these unique legal characteristics is necessary to understand the insurance contact. Once the unusual characteristics of insurance contracts are understood, the rules for any insurance policy can be applied.
This 44-page Big "I" Virtual University Risk & Reality Report will teach you to:
1. The basic provisions of contract law;
2. The unique legal characteristics of insurance contracts;
3. The general construction of insurance contracts;
4. The 'rules' for reading and understanding ANY insurance policy; and
5. Why exclusions exist.
Check out this Risk & Reality Report's Table of Contents.
What is a Big "I" Virtual University Risk & Reality Report?
Our Risk & Reality Reports are white papers adapted from various Big "I" Virtual University webinars and articles written by some of the industry's leading experts.